The Goldman Sachs Group, Inc

Global Banking & Markets-Salt Lake City-Associate, Client Onboarding & Configuration-10332060

The Goldman Sachs Group, Inc$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Business Analytics, Information Systems Management, or related field
  • 2+ years of experience in client onboarding or related roles
  • Experience in building relationships with clients to understand trading strategies
  • Proficiency in analyzing large data sets (10,000+ lines)
  • Familiarity with tools like Alteryx, Tableau, SQL, Data Warehousing, and RPA robotics
  • Experience managing multiple time-sensitive projects globally
  • Knowledge of regulatory requirements, including 'Know Your Customer' compliance

Responsibilities

  • Engage in client service and support relationship management
  • Oversee operational risk management in account opening processes
  • Collaborate with Compliance to implement policies minimizing risks
  • Design procedures to adapt to changing regulatory requirements
  • Create new client trading accounts and maintain existing accounts
  • Coordinate trading relationships and escalate issues effectively
  • Conduct due diligence to comply with anti-money laundering regulations

Benefits

  • Comprehensive health insurance plans
  • 401(k) retirement savings plan with company match
  • Generous paid time off and holiday policies
  • Access to professional development and training programs
  • Opportunities for career advancement in a reputable firm
Full Job Description
Job Duties: Associate, Client Onboarding & Configuration with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Engage in client service and relationship support, risk management, regulatory adherence, and other related tasks. Provide operational risk management and oversight for the Firm's account opening workflow and processes, including identifying and managing potential risks in the daily business operations, implementing controls to mitigate risk and working with cross-function teams to enable accurate reporting. Work with Compliance to define and implement firm policies and controls that minimize market or earnings risk to the firm and closely work with engineering teams to design new system enhancements to improve efficiencies, ranging from small enhancements to large-scale, global initiatives. Design procedures to reflect changing regulatory requirements and limit risk, review legal structures of various entities, collect, and prepare due diligence documents, and complete other administrative tasks to ensure client expectations are met. Create all new client trading accounts and coordinate additional trading features and account types for existing clients, including client maintenance and data quality management. Maintain and establish relationships with institutional clients, help facilitate the front-to-back coordination, facilitate setup of trading relationships, and timely and effectively escalate potential relationship issues that threaten the firm's market position and devise possible resolutions. Ensure that due diligence is performed to protect the firm's assets by complying with "Know Your Customer" regulations to prevent and detect money laundering, corruption, and other financial crimes. Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Finance, Economics, Business Analytics, Information Systems Management, or a related field and two (2) years of experience in the job offered or in a related role. Prior experience must include two (2) years with: building relationships with both external and internal clients to understand specific trading strategies and determine individual needs; analyzing large data sets of 10,000+ lines and synthesizing into key themes or action items; analyzing data and configuring operational metrics through one of the following self-service tools: Alteryx, Tableau, SQL, Data Warehousing, Defensive Design Methods and RPA robotics; working on multiple, time-sensitive projects in partnership with global teams and cross-functions; and ensuring timely delivery with high quality to meet client or business expectations.

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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