Asset & Wealth Management Operations-Associate-Chicago-Shareholder Services-Alternative Investment Client Services-Alternative Investment Administrator Oversight

The Goldman Sachs Group
$2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients
United States, Illinois, Chicago
Jan 02, 2025
At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities. A career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals. YOUR IMPACT We are seeking a highly motivated and detail-oriented candidate to join our Alternative Investment Client Services Administrator Oversight team. In this capacity, you will work closely with our fund administrators and portfolio managers and coordinate service related strategies with the goal of providing an optimal client experience. OUR IMPACT Goldman Sachs Asset Management delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. Goldman Sachs Asset Management is one of the pre-eminent investment management organizations globally. Critical to the success of Goldman Sachs Asset Management is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Within Goldman Sachs Asset Management, the Shareholder Services group is a global, sales aligned service organization that provides high quality service and solutions to shareholders. Through their client service model, Shareholder Services enables distribution of investment products, provides consultative services, scale and controls, all with a focus on being accretive financially to the business. Within Shareholder Services, Alternative Investment Client Services is a solutions oriented team seeking to enhance the client experience by developing and monitoring ongoing service related strategies and controls. The Administrator Oversight team is responsible for managing relationships with our fund administrators, reporting flows to fund portfolio managers, and processing all fund-related transactions. HOW YOU WILL FULFILL YOUR POTENTIAL PRIMARY RESPONSIBILITIES Oversee investor transactions in private equity or hedge fund vehicles to ensure accurate trade-flow reporting to portfolio managers Evaluate trade waiver and correction requests from sales teams Oversee the facilitation of investor trade settlement Assist in oversight of vendor relationships (e.g. fund administrators, transfer agents) Oversee and coordinate resolution of product servicing issues and errors Implement process improvements/enhancements Improve internal controls over accounting and operational processes Improve collection, dissemination and maintenance of product data attributes Lead ad hoc projects within the Shareholder Services group SKILLS & EXPERIENCE WE'RE LOOKING FOR Basic Qualifications Bachelor's degree Detail-oriented Ability to work effectively in a fast-paced environment and think clearly under pressure Strong organizational/multi-tasking skills Leadership - Exchanges information with appropriate people to complete work Problem Solving - Solves difficult problems with effective solutions; asks good questions and probes for answers; looks beyond the obvious and does not stop at the first answers Self-Development - Ability to recognize personal skills, abilities, limitations and strengths Strong Team Player - Creates strong morale and spirit in his/her team; shares wins and successes. Fosters the feeling of belonging in the team Proven ability to multi-task and prioritize team responsibilities accordingly Strong communication and interpersonal skills Preferred Qualifications 1-3 years financial services experience Knowledgeable about the alternative investment industry ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html Salary Range The expected base salary for this Chicago, Illinois, United States-based position is $65000-$120000. 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 our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.