The Goldman Sachs Group, Inc

Global Banking & Markets, RIA Custody, Managed Accounts & Alternative Assets Platform, Associate - New York

The Goldman Sachs Group, Inc$80K — $135K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-6 years of experience in asset management or RIA custody, especially with SMAs or managed account platforms.
  • Strong client-facing communication skills to engage with advisors and external partners.
  • Exceptional organizational skills for managing multiple projects and stakeholders simultaneously.
  • Ability to collaborate cross-functionally without direct authority to achieve results.
  • Ownership mentality to drive projects independently and see them through to completion.

Responsibilities

  • Execute onboarding processes for new SMA managers and TAMPs, including due diligence and operational readiness.
  • Serve as the main contact for a portfolio of partners, conducting business reviews on performance metrics.
  • Collaborate with Legal, Compliance, and Risk for agreement progress and oversight requirements.
  • Act as a product specialist for advisors, assisting with platform education and sales presentations.
  • Contribute to the product roadmap by proposing new strategies and enhancements based on market analysis.
  • Coordinate efforts across operations and trading to maintain account standards and drive issue resolution.
  • Document and maintain platform procedures, supporting regulatory reviews and process improvements.

Benefits

  • Comprehensive and competitive employee benefits package.
  • Wellness offerings that enhance overall employee experience.
  • Access to resources for professional development and career advancement opportunities.
Full Job Description
Job Description

About the Role

The Custody Solutions Managed Accounts Platform team owns our separately managed account (SMA) platform - the managers on it, the advisors and clients who use it, and the operating infrastructure behind it.

We're hiring an Associate to help run that ecosystem: supporting relationships with third-party SMA managers and TAMPs, acting as a product specialist for advisors, contributing to the product roadmap, and coordinating with the operations, trading, and service functions that keep the platform running.

It suits someone early-to-mid career who is equally comfortable in front of an advisor and in the detail of an operational workflow - and who wants exposure across the full product lifecycle rather than a single narrow function.

Key Responsibilities

Manager & TAMP Relationship Management and Onboarding
  • Execute onboarding of new SMA managers and TAMPs - coordinating due diligence, contracting, model delivery setup, operational readiness, and go-live.
  • Serve as a day-to-day point of contact for a portfolio of managers and TAMP partners; prepare and support periodic business reviews on flows, performance, and service quality.
  • Work with Legal, Compliance, and Risk to progress agreements and ongoing oversight requirements.
  • Track and report partner KPIs (assets, net flows, model delivery timeliness, error rates) and flag issues for remediation.


Client Engagement / Product Specialist
  • Act as a product specialist for investment advisors and prospects - supporting platform overviews, manager deep-dives, and sales presentations.
  • Support sales and relationship teams with training materials, competitive positioning, and responses to escalated client questions.


Product Development
  • Contribute to the SMA/UMA roadmap - new manager and strategy additions, new capabilities, fee structures, and platform enhancements.
  • Support business cases with market sizing, competitive benchmarking, economics, and operational feasibility analysis.
  • Partner with Technology and Operations on requirements gathering, testing, and rollout.


Internal Coordination Across Operations, Trading, and Service
  • Coordinate across operations, trading, and service to ensure accounts run to standard.
  • Triage platform issues, drive root-cause resolution with the relevant teams, and identify process improvements.
  • Maintain platform documentation, procedures, and controls; support audit, risk, and regulatory reviews.
  • Balance project work against recurring day-to-day operating requirements.


Required Qualifications
  • Background in asset management and/or RIA custody - exposure to SMAs, UMAs, model delivery, or managed account platforms at an asset manager, TAMP, broker-dealer, RIA, or custodian. [3-6] years of relevant experience.
  • Client-facing capability - clear and credible communicator with advisors, clients, and external partners, with the ability to grow into senior-level settings.
  • Exceptional organizational skills - manages multiple concurrent workstreams, deadlines, and stakeholders without losing detail.
  • Cross-functional collaboration - gets outcomes through operations, trading, technology, legal, and sales without direct authority.
  • Ownership mentality - picks up projects and unresolved needs and runs with them to completion with limited oversight.


Salary Range
The expected base salary for this New York, NY, United States-based position is $80000-$135000. 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.

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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.

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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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