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CWM, PWM, Goldman Sachs Trust Company, Trust Officer, Vice President – Delaware

goldmansachs Goldman Sachs

Like most financial institutions, Goldman Sachs specializes in several key areas, including mergers and acquisitions, investment research, securities and risk management, and technological innovation.

YOUR IMPACT

Are you an experienced wealth management professional with a passion for working with families to achieve their long-term financial and estate planning goals, seek to work closely with top fiduciary, tax and wealth management professionals, and are a solutions-oriented? Our Trust Officers (TO) are trust and relationships experts that partner with Goldman Sachs Private Wealth Advisors (PWAs) serving Goldman Sachs Private Wealth Management clients. TOs proactively engage with clients, PWAs and their external advisors to implement estate plans to achieve client goals. We are seeking professionals who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business.

OUR IMPACT

Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world 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 consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

PWM

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.
GOLDMAN SACHS TRUST COMPANY

An integrated part of PWM is The Goldman Sachs Trust Company (GSTC), N.A. a limited-purpose national bank offering world-class, sophisticated trust and estate administration services to ultra-high-net-worth clients. The GSTC Delaware office has an opening for a Trust Officer who will work directly with our Private Wealth Advisors to deliver a superior experience for our clients, while adhering to our responsibilities as a professional fiduciary.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • 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
  • Perform responsibilities consistent with best fiduciary and risk management practices • 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

SKILLS & EXPERIENCE WE’RE LOOKING FOR

  • Bachelor’s Degree Required
  • 5+ 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

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: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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CWM, PWM, Goldman Sachs Trust Company, Trust Officer, Vice President – Delaware

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Goldman Sachs

Like most financial institutions, Goldman Sachs specializes in several key areas, including mergers and acquisitions, investment research, securities and risk management, and technological innovation.

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