Asset & Wealth Management Operations-Analyst-Chicago-Client Onboarding and Outreach Specialist [...]

Goldman Sachs Bank AG; Chicago (IL); On-site; USD 55,000 - 80,000; Full time

Job summary

Goldman Sachs is seeking an Asset & Wealth Management Operations Analyst in Chicago specializing in client onboarding and compliance functions. The role requires interaction with clients and collaboration with multiple teams, focusing on KYC and AML standards. Ideal candidates should have a Bachelor’s degree, strong communication skills, and a client service mindset.

Benefits

Generous Vacation Policies

Healthcare & Medical Insurance

Child Care & Family Care

Fitness Center Access

Qualifications

• Knowledge of KYC, AML, and financial products.
• Flexible and able to work well under pressure.
• Three years’ experience in financial industry or client-facing role preferred.

Responsibilities

• Coordinate KYC refreshes for high-profile client relationships.
• Participate in onboarding process including KYC and AML due diligence.
• Ensure regulatory compliance standards are met.

Skills

Client Service Mindset

Communication Skills

Attention to Detail

Education

Bachelor's Degree

Job description

Asset & Wealth Management Operations-Analyst-Chicago-Client Onboarding and Outreach Specialist location_on Chicago, Illinois, United States

As a member of the Shareholder Services team, you will specialize in the collection of Onboarding and Anti-Money Laundering (AML) / Know Your Customer (KYC) information of existing clients and work directly with our clients, sales, compliance, and operational partners in a fast-paced environment with precision and accuracy. The ability to prioritize, meet deadlines and communicate to all levels of the organization, including sales and compliance, is critical. Having a client service mindset is crucial as the role requires interaction with clients.

Asset & Wealth Management includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. AWM partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.
GSAM

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

OUR IMPACT

AWM Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales, trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, AWM Operations provides essential risk management and control to preserve and enhance the firm's assets and its reputation.

Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.

As a member of the Shareholder Services team, you will specialize in the collection of Onboarding and Anti-Money Laundering (AML) / Know Your Customer (KYC) information of existing clients and work directly with our clients, sales, compliance, and operational partners in a fast-paced environment with precision and accuracy. The ability to prioritize, meet deadlines and communicate to all levels of the organization, including sales and compliance, is critical. Having a client service mindset is crucial as the role requires interaction with clients.

HOW YOU WILL FULFILL YOUR POTENTIAL

•Acting as the subject matter expert for multiple Sales channels to coordinate successful KYC refreshes of high profile and strategically important client relationships
•End to end understanding of onboarding process including KYC, AML, Due Diligence, Distribution Agreements, Legal, Tax
•Coordination of complex Onboarding/KYC reviews involving sensitive client relationships
•Participate in regular meetings to maintain clarity around workflow, understand changes to regulations or expectations, and develop required reporting metrics
•Developing a clear understanding of bespoke client requirements and offering guidance on what is operationally supportable
•Ongoing review and maintenance of internal policies and procedures with a view to increasing automation, scalability, and outsourcing of tasks to external vendors with appropriate controls and cost efficiencies
•Researching and identifying inefficiencies and driving enhancements
•Ensuring regulatory and company compliance standards are met and changes successfully coordinated amongst appropriate teams
•Provision of management/board reporting, and information for ad-hoc management requests

PREFERRED QUALIFICATIONS

•Bachelor's Degree
•Knowledge of, and interest in, financial markets and products
•Flexible and able to work well under pressure, managing high volumes while collaborating with a global team and producing quality results
•Excellent written and verbal communication skills
•Knowledge of KYC, AML, CRS, Due Diligence, Distribution Agreements preferred
•A minimum of three years’ working experience in financial industry or client facing role preferred
•Understanding of the importance of ethical conduct and maintaining confidentiality in dealing with client data

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’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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.

Salary Range
The expected base salary for this Chicago, Illinois, United States-based position is $55000-$80000. 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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Insurance

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.