Asset & Wealth Management, Private Wealth Management, Business Unit Manager, Vice President - C

Asset & Wealth Management, Private Wealth Management, Business Unit Manager, Vice President - Chicago Job Description

YOUR IMPACT

The Business Unit Manager, as a member of the Regional Management Team, plays a major role in managing the day to day operations of the office. This is a unique opportunity to work directly with the Region Head on all aspects of office management, including people development and business strategy. The Business Unit Manager will also work closely with Private Wealth’s Senior Management Team, along with key stakeholders and partners throughout the business.

The position requires good knowledge of the Private Wealth Management industry complemented by strong interpersonal and organizational skills.

OUR IMPACT

Wealth Management

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.

Private Wealth Management (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.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Core member of Regional Management Team involved in executing and developing strategy to achieve local goals
• Assist local Regional Head in the overall supervision, management and running of the office
• Manage, develop and recruit regional office employees, including Private Wealth Advisors, Financial Analysts, Wealth Management Professionals, Financial Investment Professionals, Business Development Professionals, Interns and Administrative Assistants
• Create annual strategy and performance targets for teams, and track business metrics for the office
• Ensure seamless daily business operations and client experience through close coordination with business partners in Operations, Compliance, Legal, Human Capital Management, Finance and Technology divisions
• Have a broad understanding of office’s clients and largest prospective client opportunities
• Perform regulatory supervisory functions for the business
• Oversee office marketing, branding, and client engagement strategy
• Facilitate cross‑functional efforts on a variety of national strategic initiatives and special projects related to business profitability, growth and operations
• Handle office budgeting process, expenses and procurement
• Manage personnel related issues, including employee training and development, performance reviews, compensation and promotion recommendations, and mentoring
• Ensure that all employees are in compliance with regulatory requirements, including registrations and series exams
• Resolve conflicts inter/intra‑office
• Assist teams with strategically optimizing effectiveness and efficiency through best practice sharing and business planning

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• Bachelor’s Degree Required
• Self‑starter who takes ownership and can lead/manage projects independently
• Exceptional communication and…