​​Welcome to PWM Pathway's job description deep dive for summer and full-time analyst roles. In this post, we'll explore detailed descriptions of various positions at top private banks and wealth management firms. You'll find essential information, including salary ranges, qualification requirements, and key analyst responsibilities. All details have been directly sourced from the JPMorgan job directory, ensuring you have accurate and up-to-date insights. For more information, click here. 

Goldman Sachs Private Wealth Management, Wealth Management Professional 

Key Information:

• Job Category: Lateral/Experienced Hire (Not for Summer Interns or New Analysts)
• Business Unit: Wealth Management, Private Wealth Management (PWM)
• Location: New York, NY, United States
• Base Pay/Salary: $75,000 - $125,000

About the Division

Wealth Management at Goldman Sachs is dedicated to empowering clients and customers worldwide to achieve their financial goals. Through advisor-led wealth management services, Goldman Sachs offers financial planning, investment management, banking, and comprehensive advisory solutions to a diverse range of clients, including ultra-high net worth individuals, family offices, foundations, endowments, and corporations. The division is driven by a commitment to its people, clients, and the integration of leading-edge technology, data, and design.

Goldman Sachs Private Wealth Management (PWM) specializes in developing comprehensive wealth management strategies for high net worth individuals and families, as well as select institutions. The PWM teams work closely with clients to provide tailored solutions that leverage Goldman Sachs’ deep investment experience and global resources. The services offered may include tax and estate planning, philanthropic planning, and private banking and lending solutions. This close, personalized relationship allows PWM teams to continuously adapt and offer new opportunities as client needs evolve.

About the Role: Wealth Management Professional

Program Overview:

The Wealth Management Professional role at Goldman Sachs is specifically designed for experienced professionals who have a strong background in client service, operational management, and relationship management. This role is not open to summer interns or new analysts but is intended for those with previous experience in financial services who are ready to contribute to a fast-paced, client-focused environment.

Your Impact

As a Wealth Management Professional within Goldman Sachs Private Wealth Management, you will serve as a key point of contact for clients, providing exceptional service and ensuring that all aspects of the client experience are managed with precision. This role requires strong operational skills, attention to detail, and the ability to think creatively to solve problems and meet client needs. You will work closely with Private Wealth Advisors to support their clients, manage the onboarding process, execute trades, oversee liquidity management, and coordinate wealth advisory services.

Our Impact

Goldman Sachs Wealth Management division empowers clients to reach their financial goals by offering a comprehensive range of services that include investment management, financial planning, and banking. The division’s success is driven by a focus on delivering exceptional client service, leveraging cutting-edge technology, and maintaining a commitment to excellence and integrity.

Wealth Management Professionals are integral to this success. They manage the operational aspects of client relationships, ensuring that client objectives are met, risks are managed, and transactions are executed efficiently. Their work is essential in maintaining the high standards of client service that Goldman Sachs is known for.

How You Will Fulfill Your Potential

• Operational Expertise: Leverage your experience to contribute to the growth and efficiency of the PWM business.
• Client Support: Collaborate closely with Private Wealth Advisors to support high net worth clients, ensuring their needs are met through personalized service.
• Advisory Coordination: Identify opportunities for wealth advisory services and coordinate these offerings within the client base.
• Portfolio Management: Manage advisory business implementation, portfolio rebalancing, and cash balances.
• New Account Onboarding: Oversee the onboarding process for new accounts, ensuring a smooth and efficient transition.
• Client Reporting: Provide potential new clients with an overview of reporting and web capabilities.
• Transaction Execution: Execute, process, and reconcile trading and other investment-related transactions, ensuring accuracy and compliance.

Skills & Experience We’re Looking For

• Bachelor’s Degree: Required.
• Industry Experience: Prior experience in financial services with a strong focus on client service and operational management.
• Client Service Orientation: A strong interest in providing exceptional client service in a fast-paced environment.
• Autonomous & Collaborative Work: Self-motivated with the ability to work both independently and as part of a team.
• Communication Skills: Strong verbal and written communication skills, along with excellent organizational and interpersonal abilities.
• Integrity & Excellence: A commitment to high standards of integrity and excellence.
• Financial Services Interest: A genuine interest in the financial services industry.
• Certifications: SIE, Series 7, and Series 63 required (must be obtained within three months of employment).

About Goldman Sachs

Goldman Sachs, established in 1869, is a leading global investment banking, securities, and investment management firm. With headquarters in New York and offices around the world, Goldman Sachs is dedicated to helping clients, shareholders, and communities grow. The firm emphasizes diversity and inclusion, providing numerous opportunities for professional and personal growth through extensive training programs, firmwide networks, and a range of benefits that support employees’ well-being and financial security. Discover more about the culture, benefits, and career opportunities at Goldman Sachs by visiting GS.com/careers.