Salt Lake City · · Vice President

Wealth Management-Private Wealth Management-Margin Lending-Salt Lake City-Vice President location_on Salt Lake City, UT, United States

YOUR IMPACT

Do you like working on a fun and energetic team? Are you interested in how trading systems work and being close to the financial markets? The Margin Lending team is seeking an experienced operations manager to oversee our day-to-day operations at Goldman Sachs.

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade executed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.

The PWM Margin Lending team’s primary responsibility is margin risk monitoring supporting the Private Wealth Management (PWM) business by ensuring clients’ accounts remain within exposure limits, and to the extent clients’ have exceeded their available borrowing capacity, ensuring that actions are taken to bring the client’s account back within their limit. The team focuses on a combination of day to day operational functions and value added projects and initiatives. One key function is validating and ensuring all margin calls are issued on a timely basis, working closely with Business Partners to ensure all calls are met in a timely manner. There are also regulatory reporting obligations that are performed by the team daily, across businesses. Separately, the team works on a variety of different projects that focus on enhancements to manual processes, system uplift to increase scale, and inquiry processing on the back of client requests.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Partner with the entire management team to ensure that processes are established and maintained to achieve business objectives
• Work closely with senior leadership to challenge the status quo and inspire innovative thinking
• Manage operational procedures, perform complex analyses, develop action plans, and implement new systems and processes to improve the existing operations
• Partner with Technology and Business stakeholders to troubleshoot and resolve complex trading issues
• Provide approval for margin calls, wires, and account transfer workflows
• Provide subject matter expertise and testing support for ongoing system enhancements and regulatory initiatives
• Maintain and foster business relationships with Private Wealth Management Sales Teams, Engineering and other Operations teams

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

• 5+ years of experience in operations management
• Proven track record of effectively managing teams
• Deep understanding of operations functions and processes
• Excellent communication and leadership skills
• Ability to work under pressure and meet tight deadlines
• Possess AI experience and demonstrates a transformation mindset
• Examples of successful project management experience
• Good attention to detail and passion for executing to the highest standards of the company

PREFERED QUALIFICATIONS

• Understanding of the securities industry; experience with Margin Lending business, product flows and systems, including OTC derivatives and intercompany processes. (not required)

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. Learn more:

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.

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

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