Global Banking & Markets, GS Select, Transition Associate, Salt Lake City

Job description

The Goldman Sachs Select ("GS Select") Transition Associate is a critical role within the firm's growing 3rd Party Wealth securities-based lines of credit (“LOC”) business. This position is critical for managing the high-stakes movement of collateralized assets and refinancing processes for advisors at partner firms. Role Overview: As a Transition Associate, you act as the one of the primary team members for the onboarding and refinancing lifecycle of LOCs. The role is inherently cross-functional, requiring a blend of technical Private Banking financial expertise, project management, high-touch client relationship skills, and risk management. Core Responsibilities: - LOC Specialization: Coordinating the end-to-end refinancing of LOCs and the transfer of corresponding collateralized assets, including adherence to robust risk management procedures. - Client Relationship Management: Maintaining relationships with transitioning advisors and institutional contacts, providing best in class client service and communication. - Pipeline & Project Management: Leveraging project management tools to track transitions and provide real-time reporting to internal and external stakeholders. - Data...