Asset & Wealth Management, Private Wealth Management, Goldman Sachs Family Office, Family Office Solutions (Reporting), Analyst - Albany

Goldman Sachs • Albany, NY

1d • $55,000 - $75,000 • Onsite

About The Position

Goldman Sachs Family Office (GSFO) is in search of an Analyst to work closely
with PWAs in delivering investment reporting solutions to clients and help with
business development initiatives. We are looking for a hard-working and
client-friendly individual with background in wealth management and / or family
office services.

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers
around the world to reach their financial goals. Our advisor-led wealth
management businesses provide financial planning, investment management, banking
and comprehensive advice to a wide range of clients, including ultra-high net
worth and high net worth individuals, as well as family offices, foundations and
endowments, and corporations and their employees. Our consumer business provides
digital solutions for customers to better spend, borrow, invest, and save.
Across Wealth Management, our growth is driven by a relentless focus on our
people, our clients and customers, and leading-edge technology, data and design.

Private Wealth Management (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.

Goldman Sachs Family Office (GSFO)
works in coordination with Private Wealth
Advisors to develop strong ties with clients to deliver a full suite of wealth
planning and family office services.

Requirements

• Bachelor's Degree Required, preferably in Accounting, Finance, or a related field.
• 1-3 years of relevant industry experience in a client facing role (Family office, wealth management, or other experience working with high-net-worth families, is preferred).
• Demonstrated ability to work cooperatively and collaboratively with all levels of employees to exceed clients’ expectations.
• Understanding of financial and performance reporting within wealth management
• Excellent writing and communication skills and a desire to work in a team-oriented environment.
• Outstanding analytical and problem-solving skills.
• Strong attention to detail; strong logical thinker and exceptional multi-tasking ability
• Demonstrate a high degree of personal accountability, going above and beyond to ensure that services are delivered on time with a high degree of quality.
• Commitment to excellence and a high level of integrity.
• Self-motivated with the ability to manage multiple projects simultaneously, delivering high quality work under tight deadlines.
• Deep interest in the financial markets and good investment sense/commercial instinct
• Resourceful, self-starter, attentive to detail with great organizational skills
• Ability to work in a fast-paced environment and think clearly under pressure.
• Securities Industry Essentials (SIE), Series 7 & Series 63 exams (must be obtained within first 3 months of employment)

Responsibilities

• Serve as day-to-day contact for the delivery of investment reporting solutions, building trust and rapport across PWA teams, clients and third-party partners. Identifying areas of opportunity, highlighting best practices, and ensuring the highest quality of services.
• Partner with PWM teams to manage the client lifecycle throughout their relationship with the consolidated reporting platform, from preliminary marketing, client demos, needs evaluation, onboarding, delivery of services and troubleshooting.
• Become the in-house subject matter expert for sophisticated investment reporting, acting as the go-to contact for all PWA team and client in-bounds.
• Act as a trusted thought partner to clients and advisors, helping them navigate the evolving investment reporting technology landscape and guiding them in selecting the best platform suited to their unique profile.
• Collaborate with Product Management on new product launches, ensuring flawless execution across every touchpoint for an exceptional advisor and client experience.
• Ensure PWA teams and clients obtain value quickly. You will gain hands-on experience of overseeing the client onboarding process and ongoing delivery of services, including ensuring stakeholders are properly educated to maximize value of the service. Build PWA and client loyalty by understanding client needs, cultivating trusted-advisor relationships with key stakeholders, and proactively minimizing churn
• Collaborate, problem-solve, and/or strategize with PWA teams to deliver tailored solutions to address complex client challenges.
• Bring an entrepreneurial mindset and a passion for innovation, proactively identifying opportunities to streamline processes
• Track, resolve, and act on client requests and feedback to drive continuous product improvement.
• Champion a client-centric culture that fosters collaboration, accountability, and service excellence across the team.

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 [https://www.goldmansachs.com/careers/discover/2022-Benefits-Summary-US.pdf].

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees