Operations- IMD Operations- PWM Ops - PWM Ops Client Service & Comms- Analyst- Jersey City

Goldman Sachs Jersey City , NJ 07097

Posted 4 weeks ago

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

OUR IMPACT

Client Onboarding is a highly regulated team that primarily focuses on account document, data integrity, risk management and regulatory requirements. As part of this focus, the team is responsible for capturing all necessary information for regulatory and firm policies and perform due diligence on all new accounts. Additionally, the team works closely with business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure a positive client experience during the onboarding process. Client Onboarding also acts as a resource for the business in answering questions and ensuring a seamless partnership between the business and other Operations teams.

YOUR IMPACT

Are you looking to apply your problem resolution and customer services skills while deepening your understanding of the Private Wealth Management (PWM) business? Our PWM Client Onboarding team is seeking a professional who is looking to collaborate with the PWM Business, Legal, Compliance, Anti Money Laundering teams to facilitate account opening for PWM Clients while providing superior client service and subject matter expertise to our business partners.

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES AND QUALIFICATIONS

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Understand the different client account structures and documentation required to establish new accounts

  • Work closely with Wealth Management professionals and Private Wealth Advisors to ensure superior customer service

  • Be vigilant in due diligence reviews of new client screening for AML & Know Your Client requirements

  • Work closely with PWM teams to ensure all client documents are correct and sent to the client in a timely manner

  • Request products (options, margin, checking, debit cards, etc) for the respective PWM client account

  • Ensure downstream systems correctly recognize approved products and services, including Cash products, Client Statement and Performance reporting

  • Resolve issues through coordination with PWM Teams, PWM Compliance, PWM Legal and Anti Money Laundering

  • Work on improvements to account opening workflow and process

  • Serve as a key liaison to other areas supporting the PWM Business

SKILLS & EXPERIENCE WE'RE LOOKING FOR

BASIC QUALIFICATIONS

  • Bachelor's degree

  • Knowledge of MS Office (Word, Excel, etc.) as well as proficiency with web-based applications

  • Exceptional organization skills

  • Good judgment and strong problem resolution skills

  • Ability to multi-task and prioritize accordingly

  • Experience managing client expectations

  • Excellent communication and presentation skills

PREFERRED QUALIFICATIONS

  • Series 7
  • Foreign language skills
  • 1+ years financial industry experience (AML or other Client On-boarding Regulatory experience a plus)

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Operations PWM Operations Cimd Operations Managed Account Services Analyst/Associate Jersey City

Goldman Sachs

Posted 4 weeks ago

VIEW JOBS 8/23/2019 12:00:00 AM 2019-11-21T00:00 MORE ABOUT THIS JOB OPERATIONS Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow. Our Impact The NY Managed Account Services teams sits within Private Wealth Management and has primary responsibility of portfolio accounts, cash management, client reporting and serves as the single point of contract for all operations related client inquiries. Functions cover a wide range of clients and a complex product range, which includes equities, fixed income, currency and derivatives. The group supports portfolio managers, sales and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios. Your Impact Are you looking to apply your client service and analytical skills while deepening your understanding of asset management? Our NY Consumer Wealth Managed Account Services team is seeking a professional who is looking to partner with our diversified client base and global business counterparts to provide best-in class client experience to define solutions and lead change across the operational infrastructure. RESPONSIBILITIES AND QUALIFICATIONS Responsibilities and Qualifications This is a highly collaborative role and such requires the capability to work effectively with a diverse range of professionals both internally and externally, covering a wide variety of products and functions. The main areas of responsibility will be: * As part of this role, the analyst with partner with the broader CIMD teams to facilitate the operational design of a strategic platform to support the PWM business and new market opportunities * Ensure accounting data accuracy and provide account policy oversight in order to create a controlled environment for investment management processes * Trading desk support to include ad-hoc queries as well as ongoing business initiatives * Review account level metrics (ie, reconciling items on cash/position reconciliations, daily corporate actions, NAV reconciliations, failing trades, standard/non-standard reporting deliverables) as defined by operating standards and research, escalate, remediate exceptions as appropriate * Coordinate across portfolio managers on cash funding, withdrawals, trading requests and account attribute changes * Assist in the launch of new products and instruments * Process and control analysis to ensure effective oversight and risk management * Participation and analysis of industry events to assess impact for PWM Basic Qualifications * Minimum of 2 years' experience in asset management * Risk management focus * Attention to detail with a sense of urgency a must * Proficient in Microsoft Office, specifically Word, Excel and PowerPoint as well as web-based applications * Bachelor's degree required * Be highly collaborative, team-oriented and strong consensus builder * Demonstrate strong communication and interpersonal skills both written and oral Preferred Qualifications * Previous experience in Operations and/or Financial Services Industry * Demonstrate ability to partner across product groups, regions and functional responsibilities * Be a strategic thinker, possesses strong facilitation and data gathering skills * Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions * Familiarity with client on-boarding for high net worth individuals and customers within family offices ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. Goldman Sachs Jersey City NJ

Operations- IMD Operations- PWM Ops - PWM Ops Client Service & Comms- Analyst- Jersey City

Goldman Sachs