Global Banking & Markets, Private Bank Select, Lending Associate - Salt Lake City

MORE ABOUT THIS JOB

GS SELECT

Goldman Sachs Private Bank Select ("GS Select") is a market-leading high-tech/high-touch solution that allows third-party financial advisors to quickly and seamlessly offer digital banking products to their end clients. The business currently offers Securities Based Lines of Credit ("SBLOCs") and high-yield savings accounts through a large network of these independent financial advisors, targeting affluent and High Net Worth clients.

GS Select is part of Global Banking and Markets (GBM). Leveraging the firm's expertise in banking solutions for high net-work clients, GS Select has built a "high-tech, high-touch" business that is supported by Regional Banking directors and a state-of-the-art platform where advisors and clients can manage their banking relationship.

YOUR IMPACT

Are you a quick-thinking self-starter with an entrepreneurial spirit who has a desire to work with our clients? We are seeking a team player who can help support the growth of GS Select. The ideal candidate will have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and a desire to be part of a team-oriented mission are essential.

GS Select Lending Associates are SBLOC origination specialists. In this role, you will partner with Regional Banking Directors to drive origination processes, oversee the portfolio of prospective opportunities and manage oversight of the existing book of business. You will review deal pricing, manage the loan pipeline through underwriting and documentation, and provide world-class service to our financial advisor clients. You will apply your knowledge of the GS Select loan origination platform, financial products, and lending facilities to drive revenue and build the brand of GS Select in the independent advisor marketplace.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Master the onboarding and origination processes for securities-based lines of credit
• Field inbound calls and inquiries from Financial Advisors, Custodial Partners, and Clients; support Regional Banking Directors in managing these relationships
• Act as a subject matter expert in all things origination
• Establish strong working relationships with Regional Banking Directors and functional partners including Technology, Risk, Credit, Product, Operations, Compliance and Legal
• Strict adherence to credit policy, procedures and compliance requirements
• Knowledge of and adherence to Firm's Business Principles and Client Service Values

EXPERIENCE & SKILLS WE'RE LOOKING FOR

• Minimum Bachelor's degree
• Minimum 1-3 years of work experience in the financial services industry
• Ability to work in a fast-paced environment while delivering exemplary client service (both to your Regional Banking Director partner and externally)
• Client-centric with an inherent sense of urgency
• Team approach to projects and day-to-day operations
• Strong analytical skills: ability to analyze processes and procedures to identify areas for efficiency gains
• Ability to probe and listen to help clarify inquiries, and gather and present data to advance transaction
• Strong verbal and written communication skills, as well as strong organizational and interpersonal skills
• Collaborative, energetic, enthusiastic, and a self-starter
• Knowledge of credit products, specifically securities-based loans, 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.

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.