AWM, Private Bank, Head of US Deposits, Vice President- New York

Goldman Sachs•New York, NY

1d•$115,000 - $270,000•Onsite

About The Position

The Private Bank, within Asset & Wealth Management, delivers integrated lending and banking solutions—including deposits, loans, and liquidity products—to high-net-worth and ultra-high-net-worth clients. The U.S. Deposits platform is a critical driver of firmwide balance sheet strength, funding strategy, and client engagement. We are seeking a senior leader to serve as Head of U.S. Deposits, responsible for setting and executing the national strategy for the Private Bank’s deposit business. This individual will lead a high-performing team and partner closely with Investing, Lending, Treasury, and Wealth Management leadership to drive balance growth, optimize pricing, and enhance client outcomes. This role combines P&L ownership, strategic leadership, and team management, with direct accountability for deposit balances, revenue, and franchise expansion.

Requirements

Significant experience in deposits, treasury, banking products, or balance sheet management, ideally within Private Banking or Wealth Management
Proven track record of leading teams and managing complex financial businesses
Deep understanding of deposit pricing, liquidity management, and regulatory environment
Strong strategic mindset with execution rigor
Exceptional stakeholder management and communication skills, with ability to influence senior leaders
Analytical orientation with ability to translate data into business strategy

Responsibilities

Own and drive the U.S. deposit strategy, including product positioning, growth initiatives, and market expansion
Set pricing strategy and balance sheet optimization approach, balancing growth, profitability, and liquidity objectives
Lead annual planning, forecasting, and business performance management against balance and revenue targets
Identify and execute new product development opportunities and strategic initiatives
Lead, develop, and scale a national deposits team across functions (pricing, analytics, product, and coverage)
Establish clear roles, accountability, and performance management frameworks
Coach and mentor team members, building a high-performance, collaborative culture
Partner with senior leadership to evolve org structure aligned to business priorities
Oversee deposit pricing strategy and governance, including standard and exception pricing frameworks
Ensure robust analytics, forecasting, and performance tracking infrastructure
Maintain oversight of liquidity, interest rate, and market risk exposures, ensuring alignment with firm limits
Leverage competitive intelligence to inform pricing and positioning strategy
Define and evolve the deposit product suite, including term deposits, sweep products, and structured solutions
Drive enhancements to platform capabilities, processes, and operational efficiency
Ensure strong controls, policies, and regulatory compliance across the business
Partner with regional leadership, advisors, and bankers to drive deposit adoption and wallet share growth
Act as a senior point of contact for key client opportunities, supporting complex or strategic situations
Lead go-to-market strategy, including marketing campaigns, advisor education, and client communication
Collaborate with Treasury, Risk, Finance, Technology, and Legal/Compliance to align on funding strategy, governance, and execution
Represent the U.S. deposits business in senior forums and strategic decision-making discussions