Asset & Wealth Management, Private Wealth Management, Goldman Sachs Trust Company, Senior Trust Officer, Vice President - Wilmington, DE

Senior Trust Officer

Are you ready to help families protect, grow, and shape their legacies across generations? As a Senior Trust Officer (STO) within Goldman Sachs Private Wealth Management, you will serve as a trusted advisor to high-net-worth clients, navigating complex fiduciary landscapes alongside our top tax, estate, and wealth management experts. If you are an analytical thinker who thrives on solving sophisticated financial puzzles and delivering bespoke client solutions, we invite you to build your career with a team that values precision, collaboration, and intellectual curiosity.

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.

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high-net-worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

An essential component of Goldman Sachs' private wealth management offering, The Goldman Sachs Trust Company, N.A. ("GSTC") is a limited-purpose national bank providing world-class trust, estate, and charitable administration services to ultra-high-net-worth clients across the United States.

GSTC leverages the global resources of Goldman Sachs to deliver integrated fiduciary management and administration, as well as comprehensive best-in-class investment management. Our team of dedicated fiduciary professionals collaborate closely with Goldman Sachs' Private Wealth Advisors ("PWAs") to provide our clients with superior service, while observing our responsibilities as an independent, professional fiduciary.

Serve as primary officer responsible for the management and administration of key trust company client relationships and fiduciary accounts

Manage a book of trust company accounts among a team of professionals, including one or more junior trust officers and a wealth management professional.

Work closely with PWA Teams to develop long-term relationships with clients, families and beneficiaries

Coordinate client management with PWAs, engaging regularly with clients, family members and their attorneys and advisors

Interpret and understand estate planning instruments including, trusts, wills, tax filings and other related documents governing each account

Understand and apply fiduciary laws and practices in a proactive manner, implementing estate and trust planning strategies

Understand investment goals and objectives and coordinate the investment process with GSTC investment officers and PWAs

Contribute to new business development efforts, representing the GSTC in meetings with prospects, attorneys, and other professional advisors

Perform responsibilities consistent with best fiduciary and risk management practices

Handle complex trust and relationship matters

Manage regulatory reviews and discretionary distribution requests

Coordinate and oversee tax preparation on accounts with our tax compliance service provider

Participate in internal and external marketing efforts and thought leadership

Keep current on federal and applicable state fiduciary and tax laws

Our Private Wealth Management business spans the globe, with the following locations in the United States: Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Miami (Florida and Latin America coverage), Philadelphia, San Francisco, Seattle, Washington, D.C. and West Palm Beach

The Trust Company has offices in New York and Wilmington, Delaware. The STO position is for our Wilmington, Delaware office.

Bachelor's degree required

7+ years of experience administering trusts and/or estates

Law degree a strong plus

CTFA designation a plus

Accounting background and/or fiduciary tax expertise a plus

Understanding of "Regulation 9" requirements and core concepts affecting fiduciary administration

Expertise in trust, estate, and tax administration and/or planning

Understanding of financial markets and prudent investor standards

Strong team orientation

Ability to work in a fast-paced environment and think clearly under pressure

Self-motivated and able to work in an autonomous, yet collaborative environment

Strong verbal and written communication skills, as well as strong organizational and interpersonal skills

Commitment to excellence and a high level of integrity