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- Tasks: Lead the Private Bank Deposits Team, managing client strategies and product development.
- Company: Goldman Sachs is a global leader in investment banking and asset management since 1869.
- Benefits: Enjoy diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Why this job: Join a dynamic team driving innovative banking solutions for high-net-worth clients.
- Qualifications: Extensive experience in deposits, leadership skills, and strong communication abilities required.
- Other info: Opportunity to work in a fast-paced, entrepreneurial environment with global impact.
The predicted salary is between 72000 - 108000 £ per year.
Opportunity Overview sitemap_outline CORPORATE TITLE Vice President language OFFICE LOCATION(S) London assignment JOB FUNCTION External Product Specialists account_balance DIVISION Asset & Wealth Management
OUR IMPACT
The Private Bank is a business unit of the Asset and Wealth Management Division (AWM) that provides tailored banking and lending products, such as deposits, bank loans, mortgages and margin financing, to high-net-worth clients of the firm’s global Wealth Management businesses.
This role is on the Private Bank’s Deposit Team will work cross-functionally with internal partners to drive business outcomes while solving for client needs. The team drives the Private Bank Deposit Strategy which includes pricing and risk management, product development, and client relationship management.
YOUR IMPACT
We are looking for a Vice President to join the Private Bank Deposits Team with responsibility for overseeing the international deposits team. The new joiner will be an integral part of the team responsible for daily management of the PB deposits business including risk and analytics, client and product strategy, and business management.
- Pricing and risk analytics to determine deposit pricing on an ongoing basis as well as transaction specific deposit product pricing
- Help define business strategy via business planning
- Develop and use dashboards to monitor performance against balance and revenue goals
- Run regular competitor analysis for deposit products and ranking across markets
Business Management:
- Developing and maintaining deposit policies, procedures and processes to operate the business effectively and in compliance with all relevant global regulations
- Support in the implementation of strategic initiatives and projects including new product or feature launches
Client Relationship Management:
- Active engagement with international private wealth advisor teams, WM leadership and clients where applicable to market and promote the international deposit offering
- Web site, marketing material and promotion development to achieve business goals
REQUIREMENTS
- Extensive experience within a similar Deposits business in a Private Bank
- Knowledge of working at a regional level across EMEA, with additional experience of Asia considered beneficial
- Prior experience working in a leadership role
- Ability to work in a fast-paced environment, be organized and think clearly under pressure
- Strong verbal and written communication skills
- Attention to detail with ability to operate independently
- Eager to work in an entrepreneurial environment
- Collaborative, energetic, enthusiastic, and a self-starter
- Foundational knowledge of deposit instruments, liquidity risk or treasury solutions is a plus
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.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Private Bank, Deposits, Vice President, London employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Bank, Deposits, Vice President, London
✨Tip Number 1
Network with professionals in the private banking sector, especially those who have experience in deposits. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in deposit products.
✨Tip Number 2
Familiarise yourself with the specific deposit products offered by leading private banks, particularly in the EMEA region. Understanding competitor offerings will help you articulate how you can contribute to the Private Bank's strategy.
✨Tip Number 3
Demonstrate your leadership skills by sharing examples of how you've successfully managed teams or projects in high-pressure environments. Highlight your ability to drive business outcomes through collaboration and strategic thinking.
✨Tip Number 4
Stay updated on regulatory changes affecting the private banking sector. Being knowledgeable about compliance and risk management will show that you are prepared to handle the responsibilities of the Vice President role effectively.
We think you need these skills to ace Private Bank, Deposits, Vice President, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in private banking and deposits. Focus on your leadership roles and any specific achievements that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Private Bank's Deposit Strategy. Mention your experience with risk management, product development, and client relationship management to demonstrate your fit for the role.
Highlight Relevant Skills: Emphasise your strong verbal and written communication skills, attention to detail, and ability to work under pressure. These are crucial for the Vice President role and should be evident in both your CV and cover letter.
Showcase Your Knowledge: Include any foundational knowledge of deposit instruments, liquidity risk, or treasury solutions in your application. This will help you stand out as a candidate who understands the complexities of the role.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations for the Vice President position in the Private Bank Deposits Team. Familiarise yourself with deposit products, risk management, and client relationship strategies to demonstrate your expertise.
✨Showcase Your Leadership Experience
As this role requires prior leadership experience, be prepared to discuss specific examples of how you've successfully led teams or projects in the past. Highlight your ability to work collaboratively and drive business outcomes, especially in a fast-paced environment.
✨Prepare for Technical Questions
Expect questions related to deposit pricing, risk analytics, and market analysis. Brush up on your foundational knowledge of deposit instruments and liquidity risk, as well as any relevant regulations that may impact the Private Bank's operations.
✨Demonstrate Your Communication Skills
Strong verbal and written communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, and be ready to discuss how you've effectively engaged with clients and stakeholders in previous positions.
