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Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Fra[...]
Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Fra[...]Goldman Sachs Bank AG • San Francisco, CA, United States
Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Fra[...]

Asset & Wealth Management, Private Wealth Management, Capital Markets, Vice President - San Fra[...]

Goldman Sachs Bank AG • San Francisco, CA, United States
30+ 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.

YOUR IMPACT

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

OUR IMPACT

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 areas—including our equity structuring, markets coverage, cross markets, managed strategies and Apex teams—on 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.

    Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

    Salary Range

    The expected base salary for this San Francisco, California, United States‑based position is $85,000‑$270,000. 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. 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.

    Healthcare & Medical Insurance

    We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

    We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

    Financial Wellness & Retirement

    We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

    Health Services

    We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.

    Fitness

    To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

    Child Care & Family Care

    We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

    Benefits at Goldman Sachs

    Read more about the full suite of class‑leading benefits our firm has to offer.

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    Wealth Management • San Francisco, CA, United States

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