Global Banking & Markets, GS Select, Transition Associate, Salt Lake City

Goldman Sachs•Salt Lake, UT

11h•Onsite

About The Position

The Goldman Sachs Select ("GS Select") Transition Associate is a critical role within the firm's growing 3rd Party Wealth securities-based lines of credit (“LOC”) business. This position is critical for managing the high-stakes movement of collateralized assets and refinancing processes for advisors at partner firms. Role Overview: As a Transition Associate, you act as the one of the primary team members for the onboarding and refinancing lifecycle of LOCs. The role is inherently cross-functional, requiring a blend of technical Private Banking financial expertise, project management, high-touch client relationship skills, and risk management.

Requirements

2-3 years in financial services, specifically in client-facing or servicing roles.
Familiarity with Private Banking and LOCs is preferred.
Proven track record in project management.
Bachelor’s degree.
Proficiency in analytical tools (including Excel), technical system functions, and the ability to master new platforms quickly.
Exceptional written and verbal communication; ability to manage time-sensitive tasks in a fast-paced environment.

Responsibilities

Coordinating the end-to-end refinancing of LOCs and the transfer of corresponding collateralized assets, including adherence to robust risk management procedures.
Maintaining relationships with transitioning advisors and institutional contacts, providing best in class client service and communication.
Leveraging project management tools to track transitions and provide real-time reporting to internal and external stakeholders.
Handling sensitive client data to prepare comprehensive data packages, ensuring accuracy and compliance with operational policies.
Demonstrating the GS Select platform to advisors, highlighting functionality and best practices to optimize their experience.
Partnering with territory-based Regional Banking Directors and project management teams to support firms during complex transition phases.