IMD, PWM, Investment Rules Team – Associate/Vice President, New York

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 17 Oct 18

IMD, PWM, Investment Rules Team – Associate/Vice President, New York

MORE ABOUT THIS JOB PWM
Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

RESPONSIBILITIES AND QUALIFICATIONS YOUR IMPACT
Are you a quick-thinking self-starter with a passion for the financial markets and a desire to work with technology? We have a brand new team within Private Wealth Management that is seeking an Associate/Vice President to maintain appropriate systemic controls and support our business.

OUR IMPACT
PWM secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client's particular risk tolerance, and by providing access to innovative investment ideas and opportunities. By combining our market expertise with a client's investment objectives, the group delivers industry-leading advice and access to the derivatives and securities markets.

The Private Wealth Management ("PWM") Investment Rules Team is responsible for implementing and maintaining appropriate systemic controls in a centralized rules engine coding, including the coding of rules related to trading, portfolio management and asset allocation.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Interpret, code, test and maintain rules to manage and mitigate business, regulatory and operational risk in the PWM rules engine
  • Work with subject matter experts to develop an independent understanding of and expertise in the regulatory and risk framework underpinning the PWM business to ensure that business rules are accurate and up to date with current business needs and regulatory developments
  • Assist with resolution of pre- and post-trade inquiries regarding applicable rules
  • Work with Strategists and Technologists to test and implement new software and systems, and source data to improve controls
  • Define and lead projects related to the coding and implementation of rules related to new business initiatives or regulatory developments

QUALIFICATIONS

SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Minimum of 4 years of work experience in the Financial Services sector, ideally in control-oriented roles (i.e., Internal Audit, Compliance, Risk)
  • Good technical skills (previous experience of using Sentinel, Charles River or Thinkfolio would be ideal)
  • Outstanding analytical and problem-solving skills; ability to work with detailed financial or other data and understand and communicate commercial implications
  • Excellent attention to detail; strong logical thinker
  • Ability to make sound decisions in a fast paced environment, multi-task and work to deadlines under senior pressure
  • Excellent interpersonal and communication skills and a desire to work in a team-oriented environment
  • Commitment to excellence and a high level of integrity


ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.