Goldman Sachs Bank AG
Asset & Wealth Management Operations - Client Onboarding & Configuration - Assoc
Goldman Sachs Bank AG, Dallas, Texas, United States, 75215
Asset & Wealth Management Operations - Client Onboarding & Configuration - Associate, Dallas location_on Dallas, Texas, United States
Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) Dallas assignment JOB FUNCTION Client Onboarding & Configuration account_balance DIVISION Asset & Wealth Management
YOUR IMPACT Are you looking to apply your strong customer service skills and strengthen relationships with senior business leaders in an impactful way? The Private Lending Services team is looking for a professional who can collaborate with regional lending managers, private lending underwriters, global client financing, credit, legal and other operations teams to perform critical control functions in a rapidly growing business while delivering an excellent client experience.
OUR IMPACT Operations is integrated within our businesses and delivers banking, sales and trading, and asset management capabilities to all our clients. We work to protect the accuracy and efficiency at every step of the trade. For example, if a company wants to buy a block of stock, Operations first ensures that the stock and payment are ready to be traded. Next, we make sure that the trade is settled properly and on time. And finally, Operations confirms that each trade is reported accurately to the buyer, the seller, the firm and the regulators. Along the way, Operations looks for anything that could expose our clients or the firm to financial loss, penalty or other risks. Operations does this for every transaction all around the world. Operations also aids in the design of the technology, the information flows and the processes that make it all work. We constantly monitor these systems and reengineer them to keep everything running as efficiently as possible.
Operations professionals are either embedded in the revenue division that they support, or they support multiple businesses and are part of core Operations.
Wealth Management Operations is responsible for front-to-back operational support to the Goldman Sachs Asset Management, Private Wealth Management and Ayco businesses in service, delivery, and processing functions across the trade and client lifecycle.
The Private Lending Services (PLS) team is a high-value control middle office team in PWM operations that supports the PWM Private Lending organization by originating new loans through GS BANK USA and GS International Bank to PWM clients and Private Equity Firms in the Americas, EMEA and Asia. Additionally, the PLS team ensures clients are in compliance with federal regulations at the time of origination, funding and ongoing maintenance through the life of the loan.
HOW YOU WILL FULFILL YOUR POTENTIAL
Collaborate with cross-divisional partners, including engineering and business personnel on matters related to bank loan origination and servicing
Establish and drivetransformational strategy to uplift service standards, improve workflows & manage reporting to measure and monitor risk and provide a differentiated service experience
Engage and collaborate with the Private Lending leadership to ensure appropriate team oversight on high risk functions, strategic initiatives, and daily volumes
Provide accurate and timely secondary reviews and approvals of customer due diligence (KYC) reviews
Manage process improvement and functional ownership of KYC within the Private Lending domain
Provide accurate and timely secondary reviews and approvals of loan fundings
Prepare to gain a comprehensive understanding of the private lending organization by interacting with Regional Lending Managers, Private Lending Underwriters, Credit, Legal, Global Client Financing, and other operations teams in the Americas, EMEA and Asia
Partner with PWM PWAs and WMPS to assist clients in the application, origination and ongoing servicing of loans within the portfolio
Showcase strong control and risk management strategies to ensure compliance with GS Bank USA (the most regulated entity at GS) while still providing excellent client service to PWM and Institutional clients
Develop strategies and opportunities for process efficiencies to reduce manual tasks while increasing control in a rapidly growing business
SKILLS AND EXPERIENCE WE ARE LOOKING FOR BASIC QUALIFICATIONS
3 years of professional experience
Proven client service skills, teamwork and a sense of urgency to fulfill time sensitive and highly confidential tasks
Ability to manage a functional line and process
Ability to develop and nurture relationships with senior business leaders within cross divisional a team
Self-motivated and proactive team player who takes ownership and accountability for projects, has strong organizational skills as well as the ability to effectively manage competing priorities
Flexible and able to work well under pressure in a team environment
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 offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr
Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) Dallas assignment JOB FUNCTION Client Onboarding & Configuration account_balance DIVISION Asset & Wealth Management
YOUR IMPACT Are you looking to apply your strong customer service skills and strengthen relationships with senior business leaders in an impactful way? The Private Lending Services team is looking for a professional who can collaborate with regional lending managers, private lending underwriters, global client financing, credit, legal and other operations teams to perform critical control functions in a rapidly growing business while delivering an excellent client experience.
OUR IMPACT Operations is integrated within our businesses and delivers banking, sales and trading, and asset management capabilities to all our clients. We work to protect the accuracy and efficiency at every step of the trade. For example, if a company wants to buy a block of stock, Operations first ensures that the stock and payment are ready to be traded. Next, we make sure that the trade is settled properly and on time. And finally, Operations confirms that each trade is reported accurately to the buyer, the seller, the firm and the regulators. Along the way, Operations looks for anything that could expose our clients or the firm to financial loss, penalty or other risks. Operations does this for every transaction all around the world. Operations also aids in the design of the technology, the information flows and the processes that make it all work. We constantly monitor these systems and reengineer them to keep everything running as efficiently as possible.
Operations professionals are either embedded in the revenue division that they support, or they support multiple businesses and are part of core Operations.
Wealth Management Operations is responsible for front-to-back operational support to the Goldman Sachs Asset Management, Private Wealth Management and Ayco businesses in service, delivery, and processing functions across the trade and client lifecycle.
The Private Lending Services (PLS) team is a high-value control middle office team in PWM operations that supports the PWM Private Lending organization by originating new loans through GS BANK USA and GS International Bank to PWM clients and Private Equity Firms in the Americas, EMEA and Asia. Additionally, the PLS team ensures clients are in compliance with federal regulations at the time of origination, funding and ongoing maintenance through the life of the loan.
HOW YOU WILL FULFILL YOUR POTENTIAL
Collaborate with cross-divisional partners, including engineering and business personnel on matters related to bank loan origination and servicing
Establish and drivetransformational strategy to uplift service standards, improve workflows & manage reporting to measure and monitor risk and provide a differentiated service experience
Engage and collaborate with the Private Lending leadership to ensure appropriate team oversight on high risk functions, strategic initiatives, and daily volumes
Provide accurate and timely secondary reviews and approvals of customer due diligence (KYC) reviews
Manage process improvement and functional ownership of KYC within the Private Lending domain
Provide accurate and timely secondary reviews and approvals of loan fundings
Prepare to gain a comprehensive understanding of the private lending organization by interacting with Regional Lending Managers, Private Lending Underwriters, Credit, Legal, Global Client Financing, and other operations teams in the Americas, EMEA and Asia
Partner with PWM PWAs and WMPS to assist clients in the application, origination and ongoing servicing of loans within the portfolio
Showcase strong control and risk management strategies to ensure compliance with GS Bank USA (the most regulated entity at GS) while still providing excellent client service to PWM and Institutional clients
Develop strategies and opportunities for process efficiencies to reduce manual tasks while increasing control in a rapidly growing business
SKILLS AND EXPERIENCE WE ARE LOOKING FOR BASIC QUALIFICATIONS
3 years of professional experience
Proven client service skills, teamwork and a sense of urgency to fulfill time sensitive and highly confidential tasks
Ability to manage a functional line and process
Ability to develop and nurture relationships with senior business leaders within cross divisional a team
Self-motivated and proactive team player who takes ownership and accountability for projects, has strong organizational skills as well as the ability to effectively manage competing priorities
Flexible and able to work well under pressure in a team environment
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 offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr