Job description


  • Entry level
  • No Education
  • Salary to negotiate
  • San Francisco


Private Wealth Management (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client’s particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
GS Family Office (GSFO) works in coordination with Private Wealth Advisors to develop strong ties with clients to deliver a full suite of family office services. GSFO is in search of a Vice President to lead a team in providing customized services to new and existing high net worth clients. We are looking for a hard-working and client-friendly individual with a strong interest in coordinating all financial aspects for our most strategic clients.HOW YOU WILL FULFILL YOUR POTENTIAL
Act as the primary client contact for all Family Office services across a dedicated book for PWMs most strategic clients
Be a primary source of technical expertise in income and transfer tax planning for private taxable individuals, their entities and certain tax-exempt charitable entities
Oversee and manage all non-investment related aspects of the client, including, but not limited to estates and trusts, artwork, real estate, financial holdings
Formalize financial goals and put into action a plan to achieve those goals.
Ongoing monitoring and management of regular events and implications for GS Family Office (e.g., capital call monitoring, GRAT tracking, interest tracing)
Quarterly and ad-hoc custom reporting (e.g., cash flow, balance sheets, tax projections, etc.)
Develop philanthropic goals and implement related structures (e.g., DAF, private foundations)
Coordinate and oversee the delivery of services for third party providers, including insurance, cyber & physical security, bill pay, private foundation administration, household employee payroll and benefits
Supporting all client queries and coordinating across family office team
Review and make insurance coverage recommendations across all aspects of a client’s assets
Preparing ad hoc analyses with detailed assumptions to forecast future liquidity needs
Presentation of internal educational seminars to Private Wealth Management teams
Our Private Wealth Management business spans the globe; this role will be primary placed in New York City but may cover clients across the United States
Extensive experience working with clients in structuring multi-generational wealth and estate planning strategies
A strong background in advising with the implementation of asset protection techniques
Technical expertise in US tax legislation and tax implications of investment portfolios, estate planning entities, philanthropic entities, and other business activities, including impact of the Alternative Minimum Tax
Experience in making recommendations on the philanthropic approaches
Experience in interfacing with Trustees, Accountants, and other advisors and professional bodies in respect to private clients wealth planning
Well versed on insurance products and ability to summarize and make coverage recommendations
Deep interest in the financial markets and good investment sense/commercial instinct
Excellent interpersonal skills and a desire to work in a team oriented environment
Resourceful, energetic, attentive to detail and capable of multi-tasking in a fast-paced environment
Extensive experience of presenting to internal and external audiences
Ability to build consensus and facilitate decision-making among families
Experienced in the management and coordination of outsourced family office services
A minimum of five years of experience as an accountant, attorney or wealth professional
Bachelor’s Degree required; MBA, CPA, CFA or JD strongly Preferred
Series 7, 63 (must be obtained within first 3 months of employment)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 corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in

About the company

Goldman Sachs brings people, capital and ideas together to help our clients and the communities we serve. Learn more about our firm.

We provide a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Learn more about our businesses.

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