Wealth Management-Private Wealth Management-Margin Lending-Salt Lake City-Vice President

About the role

The Margin Lending team is seeking an experienced operations manager to oversee our day-to-day operations at Goldman Sachs. The PWM Margin Lending team's primary responsibility is margin risk monitoring supporting the Private Wealth Management (PWM) business by ensuring clients' accounts remain within exposure limits, and to the extent clients' have exceeded their available borrowing capacity, ensuring that actions are taken to bring the client's account back within their limit.

Responsibilities

• Partner with the entire management team to ensure that processes are established and maintained to achieve business objectives
• Work closely with senior leadership to challenge the status quo and inspire innovative thinking
• Manage operational procedures, perform complex analyses, develop action plans, and implement new systems and processes to improve the existing operations
• Provide approval for margin calls, wires, and account transfer workflows
• Provide subject matter expertise and testing support for ongoing system enhancements and regulatory initiatives
• Maintain and foster business relationships with Private Wealth Management Sales Teams, Engineering and other Operations teams

Requirements

• Bachelor’s degree
• 5+ years of experience in operations management
• Proven track record of effectively managing teams
• Deep understanding of operations functions and processes
• Excellent communication and leadership skills
• Possess AI experience and demonstrates a transformation mindset
• Examples of successful project management experience

Qualifications

• Understanding of the securities industry; experience with Margin Lending business, product flows and systems, including OTC derivatives and intercompany processes (not required)

Skills

• Good attention to detail and passion for executing to the highest standards of the company

Benefits

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.