Asset and Wealth Management- Operations- Implementation: Account Opening Specialist- Associate

The Goldman Sachs Group; Salt Lake City (UT); On-site; USD 60,000 - 100,000; Full time

Job summary

An innovative firm is seeking a detail-oriented professional to join their PWM Client Implementation team. This role involves collaborating with various departments to ensure smooth account openings and maintenance for clients, while delivering exceptional service. Ideal candidates will possess strong problem resolution and communication skills, along with a Bachelor's degree. If you thrive in a fast-paced environment and are eager to contribute to a dynamic team, this opportunity is perfect for you.

Qualifications

• Bachelor's degree is required for this role.
• Experience in managing client expectations is essential.

Responsibilities

• Facilitate account opening and maintenance for PWM clients.
• Work closely with PWM teams to ensure documentation is correct.
• Resolve issues through coordination with various teams.

Skills

Problem Resolution

Customer Service

Organization Skills

Multi-tasking

Communication Skills

Presentation Skills

Education

Bachelor's Degree

Tools

MS Office (Word, Excel)

Web-based Applications

Job description

YOUR IMPACT

Are you looking to apply your problem resolution and customer services skills while deepening your understanding of the Private Wealth Management (PWM) business? Our PWM Client Implementation team is seeking a professional who is looking to collaborate with PWM Advisor Teams, Legal, Compliance, and Anti Money Laundering to facilitate account opening and account maintenance for PWM Clients while providing superior client service and subject matter expertise to our business partners.

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.


Client Implementation is a highly regulated team that focuses on account documentation, data integrity, risk management, and regulatory requirements. Client Implementation is responsible for capturing all required information for regulatory compliance, firm policies, and to perform due diligence on all new clients. Client Onboarding works closely with PWM teams, PWM Compliance, PWM Legal, and other Operations groups to ensure a positive client experience during the onboarding process.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Understand the different client account structures and documentation required to establish new accounts


• Be vigilant in due diligence reviews of new client screening for Anti Money Laundering & Know Your Client requirements


• Work closely with PWM Advisor teams to ensure all client documents are correct and sent to the client in a timely manner


• Request products (options, margin, checking, debit cards, etc.) for the respective PWM client accounts


• Ensure downstream systems correctly recognize approved products and services, including Cash products, Client


• Statement and Performance reporting


• Resolve issues through coordination with PWM Teams, PWM Compliance, PWM Legal and Anti Money Laundering


• Work on improvements to account opening workflow and process

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


• Exceptional organization skills


• Good judgment and strong problem resolution skills


• Ability to multi-task and prioritize accordingly


• Experience managing client expectations


• Excellent communication and presentation skills

PREFERRED QUALIFICATIONS

• Series 7, 9, 10, 4 licenses


• Foreign language skills


• 1+ years financial industry experience (AML, Compliance or other Client On-boarding Regulatory experience)

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.


ABOUT GOLDMAN SACHS
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.