Senior Trust Officer at Goldman Sachs — BranchFactor

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YOUR IMPACT

Are you ready to help families protect, grow, and shape their legacies across generations? As a Senior Trust Officer (STO) within Goldman Sachs Private Wealth Management, you will serve as a trusted advisor to high-net-worth clients, navigating complex fiduciary landscapes alongside our top tax, estate, and wealth management experts. If you are an analytical thinker who thrives on solving sophisticated financial puzzles and delivering bespoke client solutions, we invite you to build your career with a team that values precision, collaboration, and intellectual curiosity

OUR IMPACT

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.

Private Wealth Management (PWM)

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high-net-worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

Goldman Sachs Trust Company

An essential component of Goldman Sachs' private wealth management offering, The Goldman Sachs Trust Company, N.A. ("GSTC") is a limited-purpose national bank providing world-class trust, estate, and charitable administration services to ultra-high-net-worth clients across the United States.

GSTC leverages the global resources of Goldman Sachs to deliver integrated fiduciary management and administration, as well as comprehensive best-in-class investment management. Our team of dedicated fiduciary professionals collaborate closely with Goldman Sachs' Private Wealth Advisors ("PWAs") to provide our clients with superior service, while observing our responsibilities as an independent, professional fiduciary.

HOW YOU WILL FULFILL YOUR POTENTIAL

Serve as primary officer responsible for the management and administration of key trust company client relationships and fiduciary accounts
Manage a book of trust company accounts among a team of professionals, including one or more junior trust officers and a wealth management professional.
Work closely with PWA Teams to develop long-term relationships with clients, families and beneficiaries
Coordinate client management with PWAs, engaging regularly with clients, family members and their attorneys and advisors
Interpret and understand estate planning instruments including, trusts, wills, tax filings and other related documents governing each account
Understand and apply fiduciary laws and practices in a proactive manner, implementing estate and trust planning strategies
Understand investment goals and objectives and coordinate the investment process with GSTC investment officers and PWAs
Contribute to new business development efforts, representing the GSTC in meetings with prospects, attorneys, and other professional advisors
Perform responsibilities consistent with best fiduciary and risk management practices
Handle complex trust and relationship matters
Manage regulatory reviews and discretionary distribution requests
Coordinate and oversee tax preparation on accounts with our tax compliance service provider
Participate in internal and external marketing efforts and thought leadership
Keep current on federal and applicable state fiduciary and tax laws

WHERE WILL YOU MAKE AN IMPACT

Our Private Wealth Management business spans the globe, with the following locations in the United States: Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Miami (Florida and Latin America coverage), Philadelphia, San Francisco, Seattle, Washington, D.C. and West Palm Beach

The Trust Company has offices in New York and Wilmington, Delaware. The STO position is for our Wilmington, Delaware office.

EXPERIENCE & SKILLS WE'RE LOOKING FOR

Bachelor's degree required
7+ years of experience administering trusts and/or estates
Law degree a strong plus
CTFA designation a plus
Accounting background and/or fiduciary tax expertise a plus
Understanding of “Regulation 9” requirements and core concepts affecting fiduciary administration
Expertise in trust, estate, and tax administration and/or planning
Understanding of financial markets and prudent investor standards
Strong team orientation
Ability to work in a fast-paced environment and think clearly under pressure
Self-motivated and able to work in an autonomous, yet collaborative environment
Strong verbal and written communication skills, as well as strong organizational and interpersonal skills
Commitment to excellence and a high level of integrity

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

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.

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