Asset & Wealth Management, Executive Wealth Client Analyst - Morristown, NJ

Goldman Sachs • Parsippany-Troy Hills, NJ

396d

About The Position

The Executive Wealth Client Analyst role at Goldman Sachs Ayco involves providing exceptional client service and operational support to high-net-worth individuals. The position serves as a primary point of contact for clients, managing the onboarding process, implementing investment strategies, facilitating trades, and ensuring ongoing relationship management. This role is integral to enhancing the client experience and requires a proactive approach to financial counseling and operational tasks.

Requirements

• Bachelor's degree required
• FINRA SIE, Series 7 and Series 66 preferred; required within 4 months of hire
• Interested in Financial Services Industry
• Working knowledge of Microsoft products such as Excel, Word, PowerPoint, and Outlook
• Strong organizational and multitasking skills
• Excellent written and verbal communication skills
• Ability to maintain a high level of confidentiality
• Enthusiastic and positive approach to problem-solving and client service
• Proven track record with cross-training, task-sharing and mutually supportive teamwork
• Must be able to be innovative, pro-actively manage time and follow through to complete tasks

Responsibilities

• Onboard clients to the platform's website and assist with the creation of the client web login
• Manage client prospecting and business pipeline opportunities in Salesforce
• Prepare, submit and track new accounts through to funding
• Complete required paperwork and/or generate Docusign requests for asset transfer and account service requests
• Facilitate securities trades with a centralized Client Service Group
• Account maintenance and servicing, including setting up banking services such as ACH
• Cash management responsibilities including private equity capital calls
• Prepare authorizations for 3rd party investment accounts, interfacing with the Data Integration team to resolve issues
• Complete various investment and operational tasks, including cost basis updates, margin document generation and tax document generation
• Fraud prevention and risk management, including conducting verbal call backs and knowledge-based authentication as required
• Monitor client investment objectives, remediate client profile form exceptions and complete source of wealth research
• Creating and updating performance reports
• Oversee tax loss realization process, obtain and track client consent and facilitate instructions with Client Service Group
• Monitor client tax payment obligations and facilitate payments to taxing authorities
• Regional subject matter expert for roll out of new policies/procedures or initiatives from Private Wealth Management or Operations
• Assist clients in enrolling in Donor Advisor Funds and managing charitable contributions
• Assist with scheduling and coordinating client meetings as needed
• Interface with operational support teams to delegate and review functions related to Client Data Management, Client Contracts and Billing Status, Tax Return Preparation, Document Management

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree