Job Description
ASSET & WEALTH MANAGEMENT OPERATIONS
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.
OPERATIONS
Operations is a dynamic, multi-faceted function 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.
Within Operations, Asset Wealth Management (AWM) delivers asset management and wealth management capabilities to clients around the world. We are a multi-faceted group that partners with all areas of the Investment Management Division to support evolving markets and business requirements. Alongside that vital service delivery role, AWM Operations provides essential risk management and control.
YOUR IMPACT
The primary responsibility is to perform reconciliation between different sub ledger for all PWM GS client positions and balance. Liaise with various operation and technology groups to ensure client positions in client sub ledger are reflecting accurate information. Associate will also be responsible for sanctity of various portfolio accounting functions including validating and updating the cost basis The Associate will be expected to escalate issues and minimize firm exposure to financial and reputational risk.
OUR IMPACT
Our Reconciliation team is looking for a professional to play a key role in safeguarding the Firm's reputation by ensuring clients positions & Portfolio information are maintained appropriately on our high-net-worth clients accounts.
Job Summary & Responsibilities
- Demonstrate the ability to constantly apply sound business judgment in order to identify exceptions and resolutions
- Develop a profound understanding of product & business involving Trade flows, corporate action events and translate this knowledge to day-to-day responsibilities.
- Ensure Cost basis information is accurately reflecting on client Portfolio
- Satisfy the responsibility for completing detailed reviews of documentation for new and existing clients, including counterparty and client statement for ensuring right cost basis information is uploaded
- Engage in opportunities to review processes, analyze information, make decisions and recommendations and implement and monitor procedures.
- Becoming commercially aware and understand the nature of the business you are involved in while at the same time ensuring all Goldman Sachs standards are constantly being met.
- Displaying a strong ability to influence the PWM Business by serving as a liaison between operations, tax legal, compliance and Sales teams
Basic Qualifications
- Bachelor's degree required
- At least 1 years of work experience in Operations or related field
- At least 1 years of work experience in Finance or related field
- Proficiency using the Microsoft Office Suite in particular Excel, PowerPoint and Microsoft Word
Preferred Qualifications
- Candidate must be proactive, enthusiastic and team oriented
- Ability to prioritize and make decisions in a fast-paced environment
- Accuracy and attention to detail and strong organizational skills
- Strong written and verbal communication skills
- Strong analytical skills
- Good understanding of the financial industry
- Ability to interact well with people from multiple cultures
- Good PC skills MS Office
- Strong sense of ownership and accountability
- Strong organizational and time management skills
About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2024. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer
