Wealth Management -Operations - Private Lending Services - Client Onborading​/KYC - Dallas - V

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.

Goldman Sachs Private Bank provides competitive borrowing and cash management solutions from Goldman Sachs Bank USA that are strategically integrated with our client's wealth management goals. Our experienced team partners with PWAs to advise clients on new loans, refinancing and restructuring of existing loans along with overall liability management. Our lenders and mortgage specialists provide a wide range of creative borrowing solutions against asset classes ranging from marketable securities and alternative investments, residential and commercial real estate to more tailored solutions against private assets such as aviation, fine art, or vineyards.

All team members are employees of Goldman Sachs Bank, USA

The Private Lending Services (PLS) team is a key middle office control function supporting the Private Wealth Management (PWM) Private Lending organization. PLS originates new loans through GS BANK USA and GS International Bank for PWM clients and private equity firms across the Americas, EMEA, and Asia. The loans underwritten cover a diverse range of assets, including commercial real estate, GS, and third-party private equity/hedge funds (including co-invest facilities), aircraft, fine art, hobby properties, private company stock, and marketable securities.

The PLS team ensures client compliance with federal regulations throughout the loan lifecycle, from origination and funding to ongoing maintenance. Additionally, PLS actively contributes to business-related initiatives, such as new product development and system/operational enhancements.

PLS collaborates with underwriters and lenders to deliver customized solutions and exceptional service to clients.

• Acquire and maintain comprehensive expertise in Private Lending's product suite.
• Develop and implement the overall KYC strategy and framework for the organization, aligning with regulatory requirements and business objectives
• Oversee and optimize KYC workflows across various platforms, ensuring seamless data integration and efficient processing. This includes identifying and resolving bottlenecks, implementing automation where possible, and maintaining data integrity across systems.
• Effectively manage multiple tasks, including escalations, and project work. This requires the ability to prioritize tasks based on risk and regulatory requirements, and to adapt to changing priorities as needed.
• Identify opportunities to improve KYC processes and procedures and implement enhancements to increase efficiency and effectiveness.
• Provide accurate and timely secondary reviews and approvals of customer due diligence (KYC) during escalations or specific manager review .
• Work closely with compliance and risk departments to ensure that KYC processes align with Goldman Sachs and general regulatory requirements. This involves building strong relationships with key stakeholders, communicating effectively, and escalating issues as needed.
• Lead and manage a team of KYC professionals, providing guidance, training, and support to ensure effective execution of KYC/Customer due diligence processes. This includes setting performance goals, conducting performance evaluations, and fostering a culture of continuous improvement.
• Bachelor's degree required.
• Minimum 7 years of relevant professional experience.
• Demonstrated client service abilities, strong teamwork skills, and a proactive…