Asset & Wealth Management Operations-Dallas-Associate-Ongoing Client Readiness

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

YOUR IMPACT

Our Asset Management Alternatives Private KYC Group is seeking a professional to join our vibrant Dallas team. We support every deal team in the Alternatives Private space and work with the most senior members of the organization to facilitate an excellent client onboarding experience while mitigating risks associated with fulfilling the requirements associated with local regulations. The Ongoing Client Readiness team will consist of team members liaising with various internal business partners and external clients to ensure the timely and accurate account opening and maintenance of a variety of account types.  This includes partnering with Middle Office teams, Core Operational Areas, Financial Crimes Compliance, and on occasion with Legal and Compliance in support of the Equity, Fixed Income, and Direct Lending businesses. Team members also have the opportunity to contribute to various projects and efficiency initiatives in partnership with local and global internal collaborators, including our Technology teams.

OUR IMPACT 

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. 

Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.   

HOW YOU WILL FULFILL YOUR POTENTIAL 

• The Ongoing Client Readiness team supports Goldman Sachs Institutional account opening, maintenance and client data quality management
• The work performed is critical and must adhere to strict regulatory and policy requirements as this function has very material impact on downstream functions (trade processing, regulatory and tax reporting, Anti-Money Laundering monitoring among others)
• Key to the Ongoing Client Readiness team members’ success is the ability to use critical thinking to balance tight control requirements with the service demands of our internal clients
• New account opening and maintenance across business lines
• Support and execution of on-going projects initiatives including new regulatory requirements and new business markets
• Work closely with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Middle Office) in a fast-paced environment to ensure a seamless front to back onboarding and assist with the establishment of new client relationships to facilitate deal investments
• Communicate effectively with stakeholders to reduce back and forth which could result in delays for go-live
• Support the development of the team’s policies and procedures to reflect changing regulatory requirements
• Provide excellent client service in our responsiveness and accuracy of the requirements in scope depending on the nuances of a particular transaction
• Timely escalation of any questions or concerns around account creation and maintenance to fulfill our regulatory obligations 
• Assist with identifying, defining and implementing process efficiencies 
• Perform all necessary regulatory checks to facilitate the opening of new client accounts 
• Participate in ad hoc onboarding projects and strategic initiatives as required

BASIC QUALIFICATIONS

• Bachelor's degree required
• Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
• Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience.
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.
• Flexible and able to work well under pressure in a team environment.

PREFERRED QUALIFICATIONS 

• Knowledge of financial markets and products
• Knowledge of Customer Identification Progra