External Product Specialists

Goldman Sachs Bank AG; Dallas (TX); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Comprehensive health and welfare programs

Financial wellness and retirement assistance

On-site fitness centers

Job summary

A leading financial services firm in Dallas is seeking an Associate for their Family Office division. The role involves developing a Digital Estate Planning solution, providing expert advice on estate planning, and supporting ultra-high-net-worth clients. Candidates should have at least four years of experience in U.S. tax law, trust, or estate advisory roles. A Bachelor's degree is required, with CPA or JD being a plus. Excellent interpersonal skills and a client-friendly approach are essential for success.

Qualifications

• Four or more years of experience in estate planning, tax, or legal fields focusing on UHNW clients.
• Experience with generational wealth transfer and tax-efficient strategies.
• Excellent communication and team-oriented skills.

Responsibilities

• Serve as the day-to-day contact for the Digital Estate Planning solution.
• Review and interpret complex estate documents.
• Partner with PWM teams to manage the client lifecycle.

Skills

Client-friendly attitude

Understanding intricate estate plans

Knowledge of U.S. tax and trust law

Experience with legal automation

Interpersonal skills

Education

Bachelor's Degree

CPA or JD (a plus)

Job description

YOUR IMPACT

Goldman Sachs Family Office (GSFO) is in search of an Associate to support an innovative, technology driven estate planning offering for our UHNW clients. We are looking for a client-friendly individual with four or more years of experience in any of the following: U.S. tax, trust and/or estate advisory, law or pre-law, paralegal studies, estate settlement, or trust administration (trust officers); Legal AI, LLM, or automation work experience, and importantly, who has a passion for understanding and accurately interpreting intricate estate plans and models.

OUR IMPACT

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 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.

Goldman Sachs Family Office (GSFO) works in coordination with Private Wealth Advisors to develop strong ties with clients to deliver a full suite of wealth planning and family office services.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Serve as the day-to-day contact for publishing and scaling our Digital Estate Planning solution. You will sit at the intersection of Wealth Strategy, Artificial Intelligence, and Client Service, leveraging artificial intelligence and professional expertise to accurately summarize and reflect client estates into published reports.
• Demonstrate subject matter expertise in estate document reviews, extracting and interpreting key trust provisions and fiduciary law, assessing tax implications, and modeling multi-generational wealth strategies.
• Ability to take highly complex estate plans and balance sheets and distill information down to key components and visualizations.
• Working knowledge of the transfer of generational wealth, including tax-efficient estate planning structures, sophisticated lifetime gifting strategies, the transfer of closely held entities, charitable structures, and the administration and restructuring of trusts is expected.
• Experience with recent developments in AI and LLM legal document extraction is considered a plus.
• Partner with PWM teams to manage the client lifecycle, from preliminary marketing, client onboarding, draft reports, scenario analysis and final client reports.
• Become a subject matter expert for all related GSFO offerings, acting as the go-to
  contact for PWA teams and client in-bounds.
• Facilitate interaction and workflow among PWA teams, wealth strategists, clients, and third-party tax and legal advisors, to ensure timely deliverables.
• Ensure PWA teams and clients obtain value quickly. Managing efficient onboardings and ongoing delivery of services, including ensuring stakeholders are properly educated to maximize value of the service.
• Ability to interface with Trustees, Attorneys, Accountants, and other advisors and professional bodies related to private clients’ wealth planning.
• Taking ownership for quality assurance, deadlines, and key performance indicators being met and completed in a timely manner.
• Collaboration with internal colleagues across Product, Engineering, Compliance, Legal, and third-party vendors to continuously evolve the product offering.
• Foster a positive, collaborative, and productive team culture.
• Bachelor's Degree Required; CPA, and/or JD is a plus
• A minimum of four years of experience in accounting or legal field with a focus on serving UHNW clients
• Experience working with high-net-worth clients in multi-generational wealth and estate planning strategies, including reviewing and diagramming estate planning documents, or as a tax advisor
• Some technical expertise or experience in US estate and transfer tax, or trust tax laws and tax implications on estate planning
• Experience or background with state and local tax matters
• Comfortable with learning, adopting, and utilizing new technologies and programs
• Experience in professional communication with Trustees, Attorneys, Accountants, and other advisors and professional bodies in respect to private client’s wealth planning
• Interest in the financial markets and good investment sense/commercial instinct
• Excellent interpersonal skills and a desire to work in a team-oriented environment
• Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment
• Define success criteria and core metrics with our vendor partner, including leading indicators which will be used to evaluate overall business performance
• Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within first 3 months of employment)

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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

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.

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 provide 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.