The Goldman Sachs Group, Inc

Asset & Wealth Management - Salt Lake City - Senior Associate, Client Services - Operations - 10171556

The Goldman Sachs Group, Inc$88K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Business Administration, Management Information Systems, Finance, Business Analytics, or related field with 1 year experience or Bachelor's degree with 3 years experience.
  • Experience extracting client investment data and performing financial analysis across multiple systems.
  • Demonstrated ability to manage time-sensitive projects with consistent quality delivery.
  • Proficient in identifying and implementing work automation opportunities using platforms like Alteryx and Tableau.
  • Experience building ETL data flows for data visualization tools such as Excel and Tableau.
  • Ability to ensure execution of supervisory controls and manage Close-of-Day processes effectively.

Responsibilities

  • Oversee client accounts and coordinate client issues across operations teams.
  • Assess and improve existing operational workflows for scalability and efficiency.
  • Ensure accuracy in accounting data and maintain a controlled environment for investment management.
  • Support team members in maintaining the integrity of internal records.
  • Coordinate tasks across various teams to prepare for account trading activities.
  • Provide timely support for trading desk queries and cash management tasks.
  • Engage with teams to develop tactical and strategic solutions for operational challenges.

Benefits

  • Access to a comprehensive benefits package including health, dental, and vision insurance.
  • Opportunity for professional development and career growth.
  • Participation in a dynamic, collaborative work environment.
  • Flexible working arrangements and a supportive work culture.
Full Job Description
Job Description

Job Duties: Senior Associate, Client Services - Operations with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Holistic ownership and understanding of client accounts from a Goldman Sachs Asset & Wealth Management Operations perspective by coordinating client issues across all operations teams supporting Retail Separately Managed Accounts. Act as a point of contact for Asset & Wealth Management Operations. Assess existing processes and provide functional inputs to improve workflows to support business scale, while ensuring progress on ongoing project deliverables. Ensure accounting data accuracy and provide oversight in order to create controlled environment for investment management process. Support the team of Portfolio Administrators in ensuring integrity of internal books and records. Coordinate and track tasks across a multi-disciplined team (e.g. Engineering, Portfolio Management, Business Intelligence) to ensure all operational information relating to an account event is received and systems are set up prior to account trading activity. Provide timely trading desk support inclusive of cash management, position levels and other ad-hoc queries as well as ongoing business initiatives. Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact. Engage with cross functional teams to drive and push tactical and strategic solutions. Review account level metrics (i.e. reconciling items on cash/position/tax lot reconciliations, corporate actions, failing trades and standard/non-standard exception management) as defined by operating standards and research, escalate, remediate exceptions as appropriate. Provide effective thought leadership in navigating day-to-day Operational support concerns and supporting broad initiatives of New System/Workflow rollouts and/or New Investment Product Launches. Scalability analysis of workflow cost drivers and trends to help drive process improvements and efficiency, budgeting and cost allocation to various revenue producing desks using automation tools and engineering builds.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Business Administration, Management Information Systems, Finance, Business Analytics or a related field and one (1) year of experience in job offered or a related role OR Bachelor's degree (U.S. or foreign equivalent) in Business Administration, Management Information Systems, Finance, Business Analytics or a related field and three (3) year of experience in job offered or a related role. Prior work experience must include one (1) year of experience (with a Master's) or three (3) years of experience (with a Bachelor's) with each of the following: extracting client investment data and running financial analysis across multiple systems, applying appropriate analytical methods to identify key drivers, validate results, and maintain financial ledger accuracy; managing time-sensitive projects with consistent delivery quality, track requirements, document progress, and ensure adherence to established deliverable timelines; identifying and implementing work automation opportunities using low code platforms (such as Alteryx, Tableau, SQL etc.) to reduce manual processes and mitigate operational risk; identify and evaluate opportunities to improve efficiency and streamline operational workflows, and building ETL (Extract, Transform, Load) data flows to ingest data into data visualization tools (Excel, Tableau etc.); utilize MS Office tools, including Outlook, to effectively communicate and manage Portfolio Management/Sales queries; ensure execution of supervisory controls and accurate completion of Close-of-Day processes, conducting detailed reviews of workflows completion, reconciliation outputs, and risk-based scenarios to maintain process integrity; and triaging live portfolio administration and trade support scenarios ensuring accurate and timely middle-office processing.

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.

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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.

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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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