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Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Francisco

Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Francisco

Goldman SachsSan Francisco, CA, US
29 days ago
Job type
  • Full-time
Job description

AWM, PWM, Capital Markets Vice President

Private Wealth Management (PWM) is seeking a Vice President to join their team in San Francisco.

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. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.

Significant wealth creation in the San Francisco Bay Area has resulted in a region densely populated with ultra-high net worth individuals and families. Bay Area clients frequently have complex balance sheets with highly concentrated equity positions, and they oftentimes have a strong desire for private investment opportunities. We advise and act on behalf of these families in a wide variety of complex risk management and capital markets-related activities.

How You Will Fulfill Your Potential

  • Represent Goldman Sachs PWM's investment offering and suite of investment solutions in meetings with prospective and current clients, focusing on our risk management (especially single stock risk management) and capital markets capabilities.
  • Liaise with a number of business areasincluding our equity structuring, markets coverage, cross markets, managed strategies and Apex teamson specific client situations and transactions.
  • Advise clients and assist them in carefully considering the benefits and tradeoffs of maintaining, selling, hedging and / or creating yield on concentrated equity positions.
  • In addition to single stock risk management, advise clients on broader risk management considerations around overall equity, credit, interest rate and currency risk in a clear and digestible manner.
  • Remain abreast of current and pending private and public market transactions and the potential resulting diversification needs of various constituencies.
  • Contribute to the formulation of and be knowledgeable about new capital markets and risk management capabilities.
  • Act as a liaison with Sales & Trading in Goldman Sachs Global Banking and Markets in order to provide real time information in a clear and concise way to clients and Private Wealth Advisors on developments in the tech sector and the broader equity market.
  • Be conversant in Goldman Sachs' full PWM offering and services, assist in representing the Goldman Sachs PWM brand in various forums and capacities in and around the Bay Area, as well as the broader West Coast.
  • Collaborate with San Francisco Regional Management, Private Wealth Advisors and other Wealth Solutions teams to identify new ways of serving clients in the region.

Skills & Experience We're Looking For

  • Bachelors Degree or Higher
  • 7+ years' experience in capital markets, wealth management, asset management, investment banking, or private equity
  • Deep understanding of financial markets and experience working with publicly traded equities, derivatives background preferred
  • Ability to resonate with a wide variety of investor backgrounds, from those new to investing following a liquidity event to highly sophisticated family offices
  • Strong quantitative, analytical and problem-solving skills
  • Team player, with excellent communication, presentation and interpersonal skills
  • Strong ability to multi-task, with an ability to manage multiple projects with different deadlines
  • Self-starter, with ability to work both independently and in a team-oriented environment and across group functions
  • Solid work ethic, motivation level, and strong attention to detail
  • SIE, Series 7, and Series 63 (must be obtained within 3 months)
  • About Goldman Sachs

    At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

    We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com / careers.

    We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

    Salary Range The expected base salary for this San Francisco, California, United States-based position is $85000-$270000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

    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.

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