Asset & Wealth Management, Private Bank Deposits, Vice President - Dallas
The Goldman Sachs Group, Dallas
YOUR IMPACT
We are seeking a Vice President to join the Private Bank Deposits Team. The successful candidate will be responsible for managing daily operations of the PB deposits business, including deposit pricing, risk analytics, marketing, product development, and business management.
OUR IMPACT
Wealth Management
Goldman Sachs Wealth Management empowers clients worldwide to achieve their financial goals through financial planning, investment management, banking, and comprehensive advice. Our services cater to ultra-high net worth and high net worth individuals, family offices, foundations, endowments, and corporate clients. Our digital solutions enhance spending, borrowing, investing, and saving capabilities.
Goldman Sachs Private Bank
The Private Bank, part of the Asset and Wealth Management Division, offers tailored banking and lending products to high net worth clients, including deposits, loans, mortgages, and margin financing. The Deposit Team collaborates with internal partners and clients to meet deposit balance and revenue targets.
HOW YOU WILL FULFILL YOUR POTENTIAL
Pricing & Analytics:
- Conduct daily and ad hoc deposit pricing and risk analysis, including transaction-specific pricing and collaboration with advisors to attract new assets.
- Perform business projections and mark-to-market analyses to inform strategic decisions.
- Create dashboards to monitor performance against goals.
- Manage market and liquidity risks within limits.
- Conduct competitor analyses across markets.
Business Management:
- Develop deposit product strategies, prioritize new products, and identify process improvements.
- Maintain deposit policies and ensure compliance with regulations.
- Support strategic initiatives, including product launches and operational changes.
Client Relationship Management:
- Engage with regional advisors and clients to promote deposit growth.
- Create marketing materials for advisors and clients.
- Prepare client review materials and pitchbooks.
WHERE WILL YOU MAKE AN IMPACT
Locations considered include Dallas, SLC, London, New York, Frankfurt, among others.
SKILLS & EXPERIENCE WE'RE LOOKING FOR
- Experience in financial services, preferably with a quantitative background.
- Ability to work efficiently in a fast-paced environment.
- Strong communication skills.
- Attention to detail and ability to work independently.
- Entrepreneurial mindset.
- Collaborative, energetic, and proactive attitude.
- Knowledge of deposit instruments, liquidity risk, or treasury solutions is a plus.
ABOUT GOLDMAN SACHS
Goldman Sachs is committed to fostering diversity and inclusion, offering professional growth opportunities, and supporting our communities. We are an equal opportunity employer and provide accommodations for candidates with disabilities. Learn more about our culture and benefits at GS.com/careers.
The Goldman Sachs Group, Inc., 2021. All rights reserved.
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