Private Wealth Management, Family Office Wealth Strategist, Vice President, London London · Uni[...]

Private Wealth Management, Family Office Wealth Strategist, Vice President, London location_on London, Greater London, England, United Kingdom

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

Private Wealth Management (PWM) secures, develops and manages relationships with ultra-high-net-worth individuals (UHNWI), their families, family offices and foundations across the globe. PWM assists clients with building and preserving their financial wealth by working with them to develop comprehensive financial plans, creating and implementing customized investment portfolios within the context of each client\’s particular risk tolerance, and providing access to innovative investment ideas and opportunities.

PWM professionals also offer a full array of additional wealth management services, including trade structuring and execution, private banking and liability management advice, fiduciary trust services (US only), administrative support typically provided by family offices and access to a curated network of specialty service providers.

The GS Family Office (GSFO) works in coordination with private wealth advisors (PWAs) to develop strong relationships with clients, prospective clients and family offices to deliver a full suite of wealth planning and structuring, including succession and trust planning; family governance; art and collectible advisory; and philanthropy advisory.

GSFO is in search of an individual to support PWAs business development in client acquisition and client retention, responsible for delivering wealth planning and wealth structuring to our UK-based clients. Given the international client base, tax and legal cross border expertise is key to this role.

YOUR IMPACT

We are looking for a talented senior executive with significant UK and cross-border tax, trust and estate law expertise, who has successfully worked with UHNWI and provided support to strategize wealth (planning solutions. This role will be based in London with potentially some level of travel.

Role includes, but is not limited to:

• Delivering on the wealth planning and family office strategy as part of a fully integrated wealth advisory service for current and prospective PWM clients in the UK
• Acting as a senior subject matter expert to advise individuals and families on all aspects of tax planning and wealth transmission, including tax-efficient estate planning structures, lifetime gifting strategies, the transfer of closely held businesses and charitable giving
• Enhancing the value proposition of Private Wealth Management by helping private clients understand, navigate and position themselves in relation to estate planning, life insurance, immigration, asset protection, family governance and philanthropic aspects of wealth
• Providing clients with integrated wealth planning solutions by working closely with other groups in Goldman Sachs, including Private Wealth Advisors, Investment Strategy Group, Market Solution Group, Lending and other key internal constituencies
• Collaborating with private wealth management teams, trustees, attorneys, accountants, and other advisors and professional service providers in order to deliver on clients\’ wealth planning objectives
• Contributing to GSFO thought leadership initiative and producing relevant content material, presenting at internal educational sessions, participating/hosting client events

REQUIREMENTS

• An extensive experience background in assisting high net worth clients from an asset protection, life insurance, trust and estate and cross-border planning perspective
• A strong background (preferably 8-10 years +) working in tax, legal firms in the private client space or in private banking/private wealth management institutions with ultra-high net worth clients, structuring wealth and multi-generational estate planning solutions in a multi-jurisdictional environment
• UK related technical expertise in trust and estate legislation and tax implications of investment portfolios, estate planning entities, philanthropic entities, and other business activities as well as cross border expertise is a must
• Additional jurisdictional tax/legal technical expertise would be helpful
• Track record of successfully managing client relationships with individuals and families
• Experience interfacing with trustees, attorneys, accountants, and other advisors and professional organizations in respect to private clients\’ wealth planning needs
• Experience interfacing with trustees, accountants, lawyers, insurance brokers and other advisors in respect of private client wealth planning
• Excellent interpersonal skills and a desire to work in a team-oriented environment
• Resourceful, self-starter, attentive to detail and capable of multi-tasking in a fast-paced environment
• Experience presenting to internal and external audiences
• Commitment to excellence and a high level of integrity

Preferred Qualifications:

• Familiarity with US cross-border wealth planning would be advantageous
• Qualified UK solicitor/lawyer or CPA/chartered accountant preferred
• Expertise in insurance planning is preferred but not required

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:

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

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