Asset & Wealth Management, Client Solutions Group (CSG), Retirement Strategic Accounts, Vice President - Chicago

MORE ABOUT THIS JOB

This role resides in the Retirement Solutions business within the Client Solutions Group of Goldman Sachs Asset Management (GSAM). The Retirement Strategic Accounts team is responsible for client commercial strategy, on-going relationship management and strategic marketing engagement for Defined Contribution Investment Only (DCIO), Retirement and intermediary-focused Insurance investment solutions offered by the firm. 

YOUR IMPACT

We are seeking a Vice President with a deep understanding of the Defined Contribution (DC) advisor-focused marketplace to bring a strong commercial mindset and excellent client engagement and relationship skills to GSAM’s Retirement Strategic Accounts Team within our Asset & Wealth Management (AWM) Retirement Solutions Business.  The Retirement Strategic Account Manager will be responsible for supporting a range of client types (including home office DC leadership at wealth management firms and retirement specialist RIAs), business opportunities and asset classes (public and private markets) across the DCIO/Retirement landscape.  We seek an experienced individual with a robust network of key retirement plan intermediary relationships, particularly who is passionate about bringing the full spectrum of unique capabilities and resources of Goldman Sachs to help plan participants and end investors save for retirement.

OUR IMPACT 

GSAM is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

The AWM Retirement Strategic Accounts team is responsible for leading the relationship management and business development strategy for enterprise partners across the Retirement industry, including DC, annuities and college-savings.

RESPONSIBILITIES AND QUALIFICATIONS 

HOW YOU WILL FULFILL YOUR POTENTIAL

• Build and maintain strong partnerships with key decision makers including executive/senior management across assigned list of Retirement intermediaries.
• Works closely with clients to define goals, address concerns, identify opportunities to plan Retirement and broader OneGS sales approach.
• Secure investment placements on Select/Preferred Lists, drive strategic partnership results and cross-sell GS solutions. 
• Work with intermediary home-office teams to develop and execute the distribution strategy for DC investment products through their financial advisor population.
• Track prospects and pipeline through the sales process using the organization's internal Client Relationship Management (CRM) platform.
• Leverage internal subject matter experts as needed (e.g., Investments, Product Specialists, etc.)
• Maintain updated DC knowledge and provides experience in the retirement plan investment business to help clients realize investment goals.
• Partner closely with other internal teams to influence platform gatekeepers and investment due diligence teams to win pooled vehicle and separate account mandates as well as recommended lists placements.
• Develop a complete understanding and appreciation of the Goldman Sachs value proposition, which includes market insights, value-added content and distribution-focused marketing strategy to fully deliver the firm when engaging with clients.
• Help design and implement services by aligning resources at Goldman Sachs with client needs. Services include market collateral and campaigns, value-added content and sales enablement resources.
• Lead and conduct regular in-person and virtual meetings with clients; set regular agendas for meetings, document follow up and communicate key takeaways to all interested parties.
• Represent Goldman Sachs at client and industry conferences.
• Work with client stakeholders to define success metrics and determine engagement strategies. Analyze progress of client relationships against pre-defined success factors.
• Coordinate regular internal communications for the broader team focused on the defined client base to discuss key focus areas to create and maximize revenue opportunities.
• Inform new product development efforts for the Defined Contribution business.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

•        Minimum 7 years of work experience, mostly in the DC industry

•        Demonstrated history of commercial impact and success

•        Strong DCIO/Retirement industry knowledge

•        Desire to work in a team-oriented environment

•        Excellent interpersonal skills

•        Ability to take initiative and be proactive

•        Excellent written and verbal communication skills

•        Proven track record of success within a complex sales environment

•        Series 7 and 63 required 

•        Extensive travel required