Job description


  • Entry level
  • No Education
  • Salary to negotiate
  • London



Private Wealth Management (PWM) Operations team is seeking an Analyst/Associate to join the Client Onboarding and Asset Transfer 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 and asset transfers for PWM Clients while monitoring for risk, identifying fraud and ensuring compliance to Firmwide and 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. 


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 agreed, every new product launched or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow.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. The Asset Transfer function works with PWM business teams to monitor and approve asset transfers. The team authenticates client transfer requests in accordance with the Firmwide and regulatory policies as well as ensuring the proper client approvals and documentation have been received while constantly monitoring for potential fraudulent activity.HOW YOU WILL FULFILL YOUR POTENTIAL

- 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

- 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

- Authenticate and approve asset transfer requests leaving client accounts by liaising directly and indirectly with PWM Clients

- 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


- Bachelor's degree 

- Knowledge of MS Office (Word, Excel, etc.) as well as proficiency with web-based applications

- Good understanding of the financial industry including active interest in financial services and Operations

- Strong interpersonal skills with ability to build the trust and confidence in capabilities, work well with others internally to accomplish client objectives

- Must be a team player, hard working, resourceful and eager to learn

- Must be able to multi-task, prioritize work, and work well under pressure from multiple clients/constituents to respond to inquiries quickly

- Highly organized, attention to detail and excellent follow through skills

- Proactive, self-starting individual with high levels of ownership and ability to work independently, to gather information, make decisions and drive results

- Highly motivated with enthusiasm to learn the business and the clients we support


- 2+ years financial industry experience (AML or other Client On-boarding Regulatory experience a plus)

- Knowledge of legal documentation (e.g. trust agreements, partnership agreements and corporate resolutions)

- Foreign language skills a plus (especially German)

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes cor

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