The Goldman Sachs Group, Inc

Asset & Wealth Management, Wealth Strategies Group, Vice President - Newport Beach, CA (SWR)

The Goldman Sachs Group, Inc$150K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • Advanced degree or CFP designation preferred
  • Series 7 or Series 6 required
  • Life and health insurance license required
  • Minimum three years of life insurance sales experience

Responsibilities

  • Educate and support Wealth Advisors in sophisticated wealth transfer strategies
  • Work directly with client relationships to identify planning opportunities
  • Conduct presentations on wealth transfer and tax-advantaged strategies
  • Drive prioritization of planning among Wealth Advisors
  • Liaise between Wealth Advisor Teams and underwriting for implementation of planning
  • Enhance product and strategy portfolio with the Product Analysis Team
  • Responsible for meeting specific goals contributing to overall unit objectives

Benefits

  • Training and development opportunities
  • Diversity and inclusion initiatives
  • Wellness and personal finance offerings
  • Mindfulness programs
  • Flexible work arrangements
Full Job Description
Job Description

YOUR IMPACT

Are you a quick-thinking self-starter with a passion for the all facets of personal financial, have the desire to work closely with high net worth individuals and the ability to think outside the box? Our executive financial counseling professionals provide proactive financial counseling, full-service implementation, including tax preparation and investments, to address complexities of executives, entrepreneurs and high net worth individuals? We are seeking professionals with an understanding of the markets who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business.

HOW YOU WILL FULFILL YOUR POTENTIAL
  • Educate and support Wealth Advisors and their teams in the planning, design and implementation of sophisticated wealth transfer and tax-advantaged life insurance strategies. This will include knowledge of diverse insurance policy structures, trust structures such as Revocable Living Trusts, Irrevocable Life Insurance Trusts (ILITs), Intentionally Defective Grantor Trusts (IDGTs) and funding strategies including gifting and loans, both intra-family and third party.
  • Knowledge of alternative and complementary non-insurance planning will be essential to compare and contrast planning opportunities. Experience with Grantor Retained Annuity Trusts, (GRATs), Qualified Personal Residence Trusts (QPRTs), Irrevocable Gift Trusts (IGTs), Family Limited Partnerships (FLPs) and other sophisticated planning techniques allows for a consultative approach to planning.
  • Work directly with Wealth Advisor teams in existing and prospective client relationships to identify planning opportunities.
  • Conduct client presentations regarding wealth transfer and tax-advantaged accumulation strategies including recommending suitable implementation.
  • Drive Wealth Advisors to prioritize identification, presentation and implementation of suitable planning.
  • Liaise between Wealth Advisor Teams and internal Underwriting and Implementation Teams to implement planning including the drafting, review and execution of trusts for trust owned policies. Engage in direct and indirect work with third party estate planning attorneys and institutional trustee services.
  • Partner with Product Analysis Team to enhance product and strategy portfolio based on changes in the product landscape, market conditions or applicable tax law.
  • Identify new or alternative planning opportunities via understanding changing client dynamics including wealth demographics, client tenure, multi-generational engagement and building on existing planning.
  • Responsible for meeting goals set for your specific Wealth Advisors which contribute to the overall unit goals
  • Enhance the client experience through exemplary client service standards
  • Demonstrate strong leadership skills, acting as a role model for other associates. Partner with senior management on key initiatives and the growth and development of our team.


SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Bachelor's degree required
  • Advanced degree or designation such as CFP
  • Series 7 or Series 6 required
  • Life and health insurance license required
  • Minimum three years' experience in life insurance sales is required
  • Demonstrated excellent verbal and written communication and presentation skills.
  • Direct client facing experience and demonstrated ability to build and foster strong network of relationships.
  • Must have demonstrated the ability to be detail-oriented, self-motivated and capable of working in a team environment
  • Demonstrated ability to multi-task in a fast-paced environment.
  • Proficiency in Microsoft Office programs (ex. Outlook, Excel and Word)
  • Personal commitment to accuracy, attention to detail and meeting tight deadlines

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.

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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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