Asset & Wealth Management Operations - Client Onboarding & Configuration - Vice President - Bengaluru

5 days ago


Bengaluru, India Goldman Sachs Full time

WEALTH MANAGEMENT 

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

OPERATIONS 

Operations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

Within Operations, Asset Wealth Management (AWM) delivers asset management and wealth management capabilities to clients around the world. We are a multi-faceted group that partners with all areas of the Investment Management Segment to support evolving markets and business requirements. Alongside that vital service delivery role, AWM Operations provides essential risk management and control.

YOUR IMPACT

Private Wealth Management (PWM) Operations team is seeking a Vice President to join the Client Onboarding team. The professional will collaborate with our Clients, PWM Sales and Business teams, as well as Legal, Compliance, Anti Money Laundering and other Federations teams, to facilitate account onboarding for PWM Clients while monitoring for risk, identifying fraud, External Regulatory engagement and ensuring compliance to Firmwide and internal regulatory policies. There will be a strong focus on providing best in class client service and subject matter expertise to our business partners and clients directly. The professional will also have the opportunity to be innovative by improving processes, reducing risk and increasing efficiency. 

OUR IMPACT

Client Onboarding is a highly regulated function that focuses on account documentation, data integrity, risk management and regulatory requirements. Client Onboarding is responsible for capturing all necessary information for regulatory and firm policies and perform due diligence on all new accounts and works closely with PWM business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure a positive client experience during the onboarding process.

JOB SUMMARY & RESPONSIBILITIES  

Develop relationships with PWM business teams, PWM Compliance, PWM Legal, and other Operations groups to ensure that PWM Operations is providing the highest quality introductory experience throughout the on boarding process Demonstrate the ability to constantly apply sound business judgment in order to identify unusual or suspicious documentation or activity. Ensure that all client documentation required by the Firm’s Customer Identification Program (CIP) is received, reviewed and approved within the appropriate timeframes in line with AML and Know Your Client requirements Ensure downstream systems correctly recognize approved clients, products and services, including Cash products, Client Statement and Performance reporting  Review relevant client and Legal documentation, verify client signatures and perform regulatory and risk related exception processing Process and control analysis to ensure effective oversight and risk management including the adherence to and enforcement of Firmwide policy and relevant regulations Resolve issues through coordination with PWM business, PWM Compliance, PWM Legal and other Operations teams Work with various teams, including the PWM business and Operations, on process improvement and strategic projects

BASIC QUALIFICATIONS 

Bachelor’s degree   6 – 7 years of relevant AML/KYC experience with Financial Services Experience in managing a team and driving people strategy Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail. Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience. Self-motivated and proactive team player who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.  Flexible and able to work well under pressure, manage high volumes, and collaborate with a global team while maintaining a positive attitude. Proficiency using the Microsoft Office Suite in particular Excel, PowerPoint and Microsoft Word

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 /careers. 

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



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