The Goldman Sachs Group, Inc

Wealth Management-Private Wealth Management-Margin Lending-Salt Lake City-Vice President

The Goldman Sachs Group, Inc$130K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field
  • 5+ years of operations management experience
  • Demonstrated ability to effectively manage teams
  • Strong understanding of operations functions and processes
  • Excellent communication and leadership skills
  • Ability to thrive under pressure and meet tight deadlines
  • Experience in AI and a transformational mindset
  • Proven project management skills
  • Meticulous attention to detail and commitment to company standards

Responsibilities

  • Partner with management to establish and maintain business processes
  • Collaborate with senior leadership to drive innovative thinking
  • Manage operational procedures, perform complex analyses, and implement improvements
  • Work with Technology and Business stakeholders to address complex trading issues
  • Approve margin calls, wires, and account transfers
  • Provide subject matter expertise for system enhancements and regulatory initiatives
  • Strengthen relationships with PWM sales teams and engineering departments

Benefits

  • Dynamic and energetic team environment
  • Opportunities for professional development and innovation
  • Involvement in high-impact projects within the financial markets
  • Fostering of strong collaborations across teams
  • Focus on continuous system and process enhancements
Full Job Description
Job Description

YOUR IMPACT

Do you like working on a fun and energetic team? Are you interested in how trading systems work and being close to the financial markets? The Margin Lending team is seeking an experienced operations manager to oversee our day-to-day operations at Goldman Sachs.

The PWM Margin Lending team's primary responsibility is margin risk monitoring supporting the Private Wealth Management (PWM) business by ensuring clients' accounts remain within exposure limits, and to the extent clients' have exceeded their available borrowing capacity, ensuring that actions are taken to bring the client's account back within their limit. The team focuses on a combination of day to day operational functions and value added projects and initiatives. One key function is validating and ensuring all margin calls are issued on a timely basis, working closely with Business Partners to ensure all calls are met in a timely manner. There are also regulatory reporting obligations that are performed by the team daily, across businesses. Separately, the team works on a variety of different projects that focus on enhancements to manual processes, system uplift to increase scale, and inquiry processing on the back of client requests.

HOW YOU WILL FULFILL YOUR POTENTIAL
  • Partner with the entire management team to ensure that processes are established and maintained to achieve business objectives
  • Work closely with senior leadership to challenge the status quo and inspire innovative thinking
  • Manage operational procedures, perform complex analyses, develop action plans, and implement new systems and processes to improve the existing operations
  • Partner with Technology and Business stakeholders to troubleshoot and resolve complex trading issues
  • Provide approval for margin calls, wires, and account transfer workflows
  • Provide subject matter expertise and testing support for ongoing system enhancements and regulatory initiatives
  • Maintain and foster business relationships with Private Wealth Management Sales Teams, Engineering and other Operations teams

SKILLS & EXPERIENCE WE'RE LOOKING FOR

BASIC QUALIFICATIONS
  • Bachelor's degree
  • 5+ years of experience in operations management
  • Proven track record of effectively managing teams
  • Deep understanding of operations functions and processes
  • Excellent communication and leadership skills
  • Ability to work under pressure and meet tight deadlines
  • Possess AI experience and demonstrates a transformation mindset
  • Examples of successful project management experience
  • Good attention to detail and passion for executing to the highest standards of the company

PREFERED QUALIFICATIONS
  • Understanding of the securities industry; experience with Margin Lending business, product flows and systems, including OTC derivatives and intercompany processes. (not required)

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

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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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