What are the responsibilities and job description for the Global Banking & Markets, RIA Custody, Trading Services, Trading Specialist, Associate - Dallas/Salt Lake City position at Goldman Sachs?
Job Description
Who we are:
The RIA Custody team at Goldman Sachs is responsible for delivering the firm’s trading, execution and product capabilities across asset classes to our RIA client base through our innovative digital custody platform. These digital tools help to transform and provide a holistic end user experience for both the advisor and their clients, while generating new revenue streams for Goldman Sachs’ Global Markets franchise. RIA Custody at Goldman Sachs is a product driven team, composed of talented and passionate product managers, designers, researchers, marketers, salespeople and engineers, all working together to develop new and innovative products that will disrupt the RIA marketplace.
Who We Are Looking For
We are looking for a junior sales-trading coverage person access all asset classes at GS’s RIA custody business. Responsibilities include working with RIA clients on the GS RIA custody platform to execute both high-touch and low-touch order flow, source liquidity from and coordinate with a number of GS internal trading desks to facilitate trading and best execution. Day-to-day responsibilities will also include covering RIA advisors and overseeing junior coverage people (analysts and associates). This will include the same relationship management responsibilities as a traditional sales trading desk as well as acting as an execution consultant to RIA custody clients in connection with Goldman’s equities and listed options capabilities.
Additional responsibilities include coordinating closely with relevant business, operation, legal and compliance teams throughout the equities and equity derivatives franchises within GS to expand the platform’s capabilities with the goal of bringing a best-in-class offering to the RIA custody client base. This is expected to include expanding the product set beyond a base product add additional features and capabilities to the platform over time such as FLEX options, OTC options and block trading. The successful candidate will be empowered to drive commercial results for the business through generating ideas and delivering creative solutions to our custody clients.
Qualifications And Requirements
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
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
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.
Who we are:
The RIA Custody team at Goldman Sachs is responsible for delivering the firm’s trading, execution and product capabilities across asset classes to our RIA client base through our innovative digital custody platform. These digital tools help to transform and provide a holistic end user experience for both the advisor and their clients, while generating new revenue streams for Goldman Sachs’ Global Markets franchise. RIA Custody at Goldman Sachs is a product driven team, composed of talented and passionate product managers, designers, researchers, marketers, salespeople and engineers, all working together to develop new and innovative products that will disrupt the RIA marketplace.
Who We Are Looking For
We are looking for a junior sales-trading coverage person access all asset classes at GS’s RIA custody business. Responsibilities include working with RIA clients on the GS RIA custody platform to execute both high-touch and low-touch order flow, source liquidity from and coordinate with a number of GS internal trading desks to facilitate trading and best execution. Day-to-day responsibilities will also include covering RIA advisors and overseeing junior coverage people (analysts and associates). This will include the same relationship management responsibilities as a traditional sales trading desk as well as acting as an execution consultant to RIA custody clients in connection with Goldman’s equities and listed options capabilities.
Additional responsibilities include coordinating closely with relevant business, operation, legal and compliance teams throughout the equities and equity derivatives franchises within GS to expand the platform’s capabilities with the goal of bringing a best-in-class offering to the RIA custody client base. This is expected to include expanding the product set beyond a base product add additional features and capabilities to the platform over time such as FLEX options, OTC options and block trading. The successful candidate will be empowered to drive commercial results for the business through generating ideas and delivering creative solutions to our custody clients.
Qualifications And Requirements
- 1 years relevant experience in equities, mutual funds and/or listed options sales and execution
- SIE, Series 7, Series 63, and Series 57 preferred, will need to be obtained for the role
- Experience in an execution role and knowledge of the listed equities/options trading landscape
- Experience covering Registered Investment Advisors and/or independent financial advisors directly and knowledge of RIA custody market is a plus but not a requirement
- Highly motivated with drive, determination and enthusiasm to excel in an advisor facing execution role and drive commercial results in a new business line
- Attention to detail, time management and organizational skills
- Strong communication and interpersonal skills
- Passion for excellence, integrity and collaboration
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
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
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.
