The Goldman Sachs Group, Inc

Asset & Wealth Management, Private Wealth Management, Business Unit Manager, Vice President - Chicago

The Goldman Sachs Group, Inc$85K — $240K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree Required
  • Self-starter with the ability to independently lead/manage projects
  • Exceptional communication and interpersonal skills for relationship building
  • Strong analytical skills with a strategic thinking mindset
  • Highly organized and process-oriented with attention to detail
  • Ability to manage multiple time-sensitive projects while ensuring quality
  • Good judgment for handling sensitive information discreetly

Responsibilities

  • Execute and develop strategy as part of the Regional Management Team
  • Assist the Regional Head in daily office management
  • Oversee recruitment, development, and management of office employees
  • Create annual strategy and performance targets, tracking business metrics
  • Ensure seamless operations and client experience by coordinating with business partners
  • Perform regulatory supervisory functions for the business
  • Oversee office marketing, branding, and client engagement strategies
  • Manage office budgeting, expenses, and procurement

Benefits

  • Valuable and competitive benefits and wellness offerings
  • Strong overall employee experience
  • Eligibility for a discretionary bonus for active employees at fiscal year-end
  • General offerings for full-time and part-time employees working at least 20 hours per week
Full Job Description
Job Description

YOUR IMPACT

The Business Unit Manager, as a member of the Regional Management Team, plays a major role in managing the day to day operations of the office. This is a unique opportunity to work directly with the Region Head on all aspects of office management, including people development and business strategy. The Business Unit Manager will also work closely with Private Wealth's Senior Management Team, along with key stakeholders and partners throughout the business. The position requires good knowledge of the Private Wealth Management industry complemented by strong interpersonal and organizational skills.

HOW YOU WILL FULFILL YOUR POTENTIAL
  • Core member of Regional Management Team involved in executing and developing strategy to achieve local goals
  • Assist local Regional Head in the overall supervision, management and running of the office
  • Manage, develop and recruit regional office employees, including Private Wealth Advisors, Financial Analysts, Wealth Management Professionals, Financial Investment Professionals, Business Development Professionals, Interns and Administrative Assistants
  • Create annual strategy and performance targets for teams, and track business metrics for the office
  • Ensure seamless daily business operations and client experience through close coordination with business partners in Operations, Compliance, Legal, Human Capital Management, Finance and Technology divisions
  • Have a broad understanding of office's clients and largest prospective client opportunities
  • Perform regulatory supervisory functions for the business
  • Oversee office marketing, branding, and client engagement strategy
  • Facilitate cross-functional efforts on a variety of national strategic initiatives and special projects related to business profitability, growth and operations
  • Handle office budgeting process, expenses and procurement
  • Manage personnel related issues, including employee training and development, performance reviews, compensation and promotion recommendations, and mentoring
  • Ensure that all employees are in compliance with regulatory requirements, include registrations and series exams
  • Resolve conflicts inter/intra-office
  • Assist teams with strategically optimizing effectiveness and efficiency through best practice sharing and business planning
  • Manage resource allocation decisions across teams

SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Bachelor's Degree Required
  • Self-starter who takes ownership and can lead/manage projects independently
  • Exceptional communication and interpersonal skills and ability to build and foster a strong network of relationships; confidence to work closely with senior management
  • Strategic thinker with strong analytical skills
  • Highly organized and process oriented with strong attention to detail and excellent follow-through
  • Results-oriented: ability to thrive in a fast paced environment, handling multiple, time-sensitive projects while focusing on the quality of work delivered
  • Good judgment and discretion, with ability to handle sensitive and confidential information with the utmost discretion and care
  • Commitment to excellence and a high level of integrity
  • Teamwork orientation
  • People and Project Management experience a plus
  • Financial industry experience a plus
  • SIE and Series 7, 9, 63 and 10 (must be obtained within first 3 months of employment)

Salary Range
The expected base salary for this Chicago, Illinois, United States-based position is $85000-$240000. 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.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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