Global Banking & Markets, RIA Custody, Managed Accounts & Alternative Assets Platform, Vice President - New York
About the Role
Goldman Sachs Custody Solutions is seeking a seasoned Vice President (VP) to lead the strategic vision, commercialization, and end-to-end execution of our Registered Investment Advisor (RIA) Custody Product, Managed Accounts Platform (including Separately Managed Accounts/SMAs and Unified Managed Accounts/UMAs), and Alternative Assets Custody offering. This senior leader will have comprehensive ownership of the platform’s growth, commercial strategy, and operating infrastructure, driving the product roadmap and leading high-value relationships with third-party SMA managers, Turnkey Asset Management Programs (TAMPs), third-party alternative investment platforms, and elite RIA firms. The role will oversee the onboarding, custody, and operational lifecycle of alternative assets (including private equity, private credit, hedge funds, and real estate), ensuring a seamless, institutional-grade experience for clients.
Responsibilities
- Strategic Leadership & Platform Vision
- Define and execute the long-term strategic vision for the RIA custody platform, managed accounts (SMA/UMA) ecosystem, and alternative assets custody framework to maintain market competitiveness and drive asset growth.
- Design and implement strategies to increase platform adoption, deepen RIA relationships, and generate incremental revenue through new products, pricing models, lending against alternative assets, and strategic partnerships.
- Lead financial analyses, market sizing, and competitive benchmarking to evaluate strategic investments and build robust business cases for platform expansion.
- Key Relationship Management & Client Transitions
- Serve as the senior relationship owner for a portfolio of strategic SMA managers, TAMP partners, and alternative asset managers.
- Oversee the end-to-end onboarding of new managers, complex RIA transitions, and alternative asset fund structures, ensuring seamless operational readiness, model delivery setup, and go-live execution.
- Act as the primary executive product voice in front of key clients, prospects, and industry forums—leading platform overviews, alternative asset capabilities, manager deep-dives, and high-level sales presentations.
- Product Development & Roadmap Ownership
- Own the comprehensive product roadmap for RIA Custody, Managed Accounts, and Alternative Assets, prioritizing capabilities such as model delivery, custom fee structures, tax management, and third-party alternative platform integrations.
- Drive the development of digital-first alternative asset custody capabilities, including automated subscription document processing, AML/KYC workflows, capital call/distribution tracking, and consolidated reporting.
- Translate complex advisor feedback and market trends into scalable platform capabilities, partnering closely with Engineering and Technology to ensure precise execution.
- Oversee cross-functional project plans, manage dependencies, and direct the prioritization of product enhancements and technology development.
- Operational Excellence & Cross-Functional Governance
- Align and coordinate operations, trading, and client service teams to ensure accounts, managed platforms, and alternative asset custody processes run to institutional standards.
- Establish robust, scalable operational and due diligence workflows for alternative asset custody, including streamlined asset onboarding, valuation updates, and position reconciliation.
- Serve as the ultimate escalation point for platform and alternative asset operational issues, driving root-cause analysis and implementing scalable process improvements.
- Partner with Legal, Compliance, and Risk to manage contracting, ongoing oversight obligations, and platform policies, ensuring full alignment with regulatory frameworks and qualified custodian rules.
- Establish and monitor key performance indicators (AUM, net flows, model delivery timeliness, alternative asset onboarding cycle times, error rates) to measure platform health and drive partner remediation when necessary.
Requirements
- Industry Experience: 10+ years of experience in RIA custody, asset management, or wealth technology, with direct expertise in SMAs, UMAs, model delivery, or alternative asset custody infrastructure (private equity, private credit, hedge funds, real estate).
- Leadership Track Record: Proven experience leading cross-functional teams and managing complex, multi-stakeholder initiatives in a highly matrixed financial services environment.
- Commercial Acumen: Strong understanding of the economics of custody, managed accounts, and alternative investments, with a demonstrated ability to drive platform monetization and business growth.
- Executive Presence: Exceptional communication and presentation skills, with the credibility to influence C-suite executives, sophisticated advisors, and external partners.
- Strategic & Analytical Mindset: Ability to balance high-level strategic planning with a hands-on approach to operational execution, risk management, and platform governance.
Qualifications
- Bachelor’s degree required; MBA, CFA, or equivalent advanced credentials preferred.
Pay
The expected base salary for this New York, NY, United States-based position is $100,000–$235,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing competitive benefits and wellness offerings, including:
- Comprehensive benefits package (details available for active, non-temporary, full-time and part-time US employees working at least 20 hours per week).