- Develop relationships with PWM business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure that PWM Operations is providing the highest quality introductory experience throughout the on boarding process
- Ensure that all client documentation required by the Firm's Customer Identification Program (CIP) is received, reviewed and approved within the appropriate time-frames in line with AML and Know Your Client requirements
- Ensure downstream systems correctly recognize approved clients, products and services, including Cash products, Client Statement and Performance reporting
- Review relevant client and Legal documentation, verify client signatures and perform regulatory and risk related exception processing
- Resolve issues through coordination with PWM business, PWM Compliance, PWM Legal and other Operations teams
- Work with various teams, including the PWM business and Operations, on process improvement and strategic projects
SKILLS & EXPERIENCE WE ARE LOOKING FOR
BASIC QUALIFICATIONS - Bachelor's degree
- Knowledge of MS Office (Word, Excel, etc.) as well as proficiency with web-based applications
- Good understanding of the financial industry including active interest in financial services and Operations
- Strong interpersonal skills with ability to build the trust and confidence in capabilities, work well with others internally to accomplish client objectives
- Must be a team player, hardworking, resourceful and eager to learn
- Must be able to multi-task, prioritize work, and work well under pressure from multiple clients/constituents to respond to inquiries quickly
- Highly organized, attention to detail and excellent follow through skill
- Proactive, self-starting individual with high levels of ownership and ability to work independently, to gather information, make decisions and drive result
- Highly motivated with enthusiasm to learn the business and the clients we support
- Developing relationships with PWM business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure that PWM Operations is providing the highest quality introductory experience throughout the on boarding process
- Ensure that all client documentation required by the Firm's Customer Identification Program (CIP) is received, reviewed and approved within the appropriate time-frames in line with AML and Know Your Client requirement
- Review relevant client and Legal documentation, verify client signatures and perform regulatory and risk related exception processing
- Review relevant client documentation and processing of margin approvals
PREFERRED QUALIFICATIONS - 2+ years financial industry experience (AML or other Client On-boarding Regulatory experience a plus)
- Knowledge of legal documentation (e.g. trust agreements, partnership agreements and corporate resolutions)
- Foreign language skills a plus (Preferably Italian)
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
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
PWM Ops - Street, United Kingdom - Goldman Sachs
Description
Consumer and Wealth Management (CWM)Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world 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 consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.
PWM
Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.
OUR IMPACT
We are open to considering requests for flexible working.
Client On-boarding is a key function performed at the forefront of the firm's commercial aspirations. We work hand in hand with the PWM Sales teams in providing a best in class on boarding experience for new clients. Client On-boarding is responsible for capturing all necessary information for regulatory and firm policies and perform due diligence on all new accounts and works closely with PWM business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure a positive client experience during the on-boarding process. Our ability to partner in this role is key and therefore a significant skill-set for this role is stakeholder management.
Please note that as this role will require access to Firm confidential information, you will be expected to undergo a criminal background check if you are made an offer of employment.
RESPONSIBILITIES AND QUALIFICATIONS
HOW YOU WILL FULFILL YOUR POTENTIAL