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

Goldman Sachs; 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 focusing on client onboarding and KYC processes. The successful candidate will interact with clients and various departments, ensuring compliance and efficient service delivery. A Bachelor's degree and experience in financial services is preferred, along with excellent communication skills.

Benefits

Competitive benefits and wellness offerings

Diversity and inclusion initiatives

Qualifications

• Bachelor's Degree required.
• Knowledge of KYC, AML preferred.
• Minimum three years’ experience in financial services preferred.

Responsibilities

• Collect Onboarding and KYC information of existing clients.
• Work with clients, sales, compliance, and operational partners.
• Ensure regulatory and company compliance standards are met.

Skills

Client service mindset

Communication

Prioritization

Education

Bachelor's Degree

Tools

KYC

AML

Due Diligence

Job description

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

Join to apply for the Asset & Wealth Management Operations-Analyst-Chicago-Client Onboarding and Outreach Specialist role at Goldman Sachs

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

Join to apply for the Asset & Wealth Management Operations-Analyst-Chicago-Client Onboarding and Outreach Specialist role at Goldman Sachs

Get AI-powered advice on this job and more exclusive features.

Job Description

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.

Job Description

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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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 available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

Referrals increase your chances of interviewing at Goldman Sachs by 2x

Sign in to set job alerts for “Wealth Manager” roles.

Greater Chicago Area $90,000.00-$125,000.00 2 weeks ago

Deerfield, IL $80,000.00-$120,000.00 3 days ago

Skokie, IL $60,000.00-$85,000.00 6 hours ago

Chicago, IL $75,000.00-$100,000.00 2 weeks ago

Northbrook, IL $130,000.00-$175,000.00 1 week ago

Private Wealth Advisor (relationship manager)

Greater Chicago Area $80,000.00-$115,000.00 1 week ago

Chief Investment Officer, Wealth Management

Chicago, IL $400,000.00-$550,000.00 1 week ago

Asset & Wealth Management, US Third Party Wealth - National Accounts/Home Office, Vice President - Chicago

Chicago, IL $110,000.00-$230,000.00 3 days ago

Asset & Wealth Management, Private Wealth Management, Marketing and Client Engagement Team, US Client Events, Associate - Chicago

Investment Executive (Financial Advisor) Downtown Chicago

Chicago, IL $90,000.00-$100,000.00 1 week ago

Downers Grove, IL $125,000.00-$165,000.00 1 week ago

Asset & Wealth Management, Liquidity Solutions, Regional Consultant, Associate - Chicago

Chicago, IL $80,000.00-$160,000.00 1 week ago

Asset & Wealth Management, Client Solutions Group, Regional Consultant, Associate - Chicago

Chicago, IL $75,000.00-$80,000.00 1 week ago

Itasca, IL $74,000.00-$96,000.00 4 days ago

J.P. Morgan Wealth Management – Private Client Advisor - Chicago Downtown

J.P. Morgan Wealth Management National Branch Personal Advisor - Chicago

Financial Advisor (Career Changers Encouraged!)

Financial Advisor - Endowments and Foundations

Chicago, IL $100,000.00-$130,000.00 1 week ago

Asset & Wealth Management, Wealth Investment Solutions, Exchange Funds team, Vice President - Chicago

Chicago, IL $119,000.00-$185,000.00 11 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.