Wealth Management

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.

Private Wealth Management (PWM)

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for ultra 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.

Financial Investment Professionals (FIPs) will support Private Wealth Advisors (PWAs) in the day-to-day coverage of existing client relationships. Responsibilities will include portfolio construction and implementation, ongoing asset allocation and performance analyses, and ad-hoc items tied to client requests.  This is meant to be a longer-term role where you will work closely with PWAs to provide scale and leverage for their existing business while they continue to pursue new client relationships over time.

HOW YOU WILL FULFILL YOUR POTENTIAL

Act as the ‘Chief Investment Officer’ of the PWM team, exhibiting expertise across asset classes and investment vehiclesDevelop relationships with clients and act as the primary point of contact for account related questionsConduct client-facing analyses for client portfolios, spanning strategic and tactical asset allocation as well as portfolio risk / returnAssist in the day-to-day management of client accounts, including portfolio implementation and re-balancing across asset classesServe as a key liaison for client accounts to internal PWM stakeholders, including Operations and ComplianceLead or participate in cross-functional group projects to improve quality and efficiency within the PWM teamExecute equity, fixed income, mutual fund, and derivatives transactions across client accountsMonitor macroeconomic trends and internal research publications, considering their potential impact on client portfoliosDrive team efficiency by streamlining operations flows, strategic business planning, and support / service infrastructure

SKILLS & EXPERIENCE WE ARE LOOKING FOR

Bachelor’s degree required (CPA, JD, or MBA degrees welcome)5+ years of investment management, investment banking or comparable experienceStrong leadership skills and record of demonstrated achievementAbility to work in a fast-paced environment and think clearly under pressureStrong interest in the financial markets and good investment sense/commercial instinctAbility to multi-task and work with numerous colleagues and desks across the FirmStrong verbal and written communication skillsStrong organizational and interpersonal skillsDetailed-oriented and highly organizedStrong financial modeling and presentation skillsSIE, Series 3, 7 and 63 (must be obtained within three months of employment) Obtaining CFA Charter and/or CFP highly encouraged and will be sponsored in accordance with firm policy

Salary Range
The expected base salary for this San Francisco, California, United States-based position is $75000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.