Asset & Wealth Management, Private Wealth Management, Goldman Sachs Trust Company, Trust Analyst - New York

Goldman Sachs • New York, NY

10h • $70,000 - $120,000 • Onsite

About The Position

The Trust Analyst is part of the Investment Team at the Goldman Sachs Trust Company (GSTC), an integrated part of Private Wealth Management that provides trust and estate administration services to ultra-high-net-worth clients. The role supports the ongoing investment experience for GSTC clients by working with Investment Officers to oversee discretionary trust assets, develop rebalancing proposals, coordinate investment implementation, and execute and reconcile transactions. The analyst also analyzes portfolios, researches investment vehicles, monitors financial markets and Goldman Sachs research, prepares management and regulatory reports, and assists with onboarding new discretionary relationships.

Requirements

• Bachelor’s degree.
• 0–3 years of prior work experience in a relevant field.
• Proficient to advanced skills with MS Office, including Excel, PowerPoint, Word, and Outlook.
• Highly organized, with exceptional attention to detail and follow-through.
• Ability to manage multiple projects with competing deadlines.
• Team player with a positive attitude and strong work ethic.
• Strong written and verbal communication skills.
• Ability to work in a fast-paced environment.
• Strong analytical ability.
• Commercially savvy, with the ability to exercise discretion with highly confidential or sensitive information.
• Series 7 and 66 licenses required; must be obtained within three months of employment.

Responsibilities

• Work closely with the Investment Officer in overseeing management of discretionary trust assets for GSTC clients.
• Create portfolio rebalancing proposals for GSTC discretionary trusts.
• Coordinate investment implementation and rebalancing, including trade entry and opening separately managed accounts.
• Execute, process, and reconcile trading and other investment-related transactions.
• Analyze equity, fixed income, and alternative investment portfolios for risk and return characteristics.
• Research internal and external investment vehicles for client asset allocations.
• Work with product groups within Asset & Wealth Management to respond to client needs.
• Keep abreast of financial market events and Goldman Sachs research, and relay relevant information to the Investment Officer and other team members.
• Participate in ad-hoc projects for the Investment Team and GSTC.
• Prepare weekly and monthly management reports and regulatory reports.
• Assist with onboarding and transition of new GSTC discretionary relationships.

Benefits

• Competitive benefits and wellness offerings, including training and development opportunities, firmwide networks, and personal finance and mindfulness programs.
• Eligible employees may receive a discretionary bonus if active at fiscal year-end.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level