Posted 8 days ago
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**Global Banking & Markets, RIA Custody Associate - New York** Manage RIA custody SMA platform: onboard managers, engage advisors, drive product roadmap, and coordinate internal teams. - Key responsibilities: Manage manager & TAMP relationships, act as product specialist, contribute to product development, coordinate internal teams. - Required qualifications: 3-6 years in asset management/RIA custody, client-facing capability, organizational skills, cross-functional collaboration, ownership mentality. - Technologies involved: Not specified. - Work location: New York, NY, United States. - Salary range: $80,000 - $135,000, plus discretionary bonus.
- Compensation
- $80,000 – $135,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
About the Role
The Custody Solutions Managed Accounts Platform team owns our separately managed account (SMA) platform the managers on it, the advisors and clients who use it, and the operating infrastructure behind it.
We're hiring an Associate to help run that ecosystem: supporting relationships with third-party SMA managers and TAMPs, acting as a product specialist for advisors, contributing to the product roadmap, and coordinating with the operations, trading, and service functions that keep the platform running.
It suits someone early-to-mid career who is equally comfortable in front of an advisor and in the detail of an operational workflow and who wants exposure across the full product lifecycle rather than a single narrow function.
Key Responsibilities
Manager & TAMP Relationship Management and Onboarding
- Execute onboarding of new SMA managers and TAMPs coordinating due diligence, contracting, model delivery setup, operational readiness, and go-live.
- Serve as a day-to-day point of contact for a portfolio of managers and TAMP partners; prepare and support periodic business reviews on flows, performance, and service quality.
- Work with Legal, Compliance, and Risk to progress agreements and ongoing oversight requirements.
- Track and report partner KPIs (assets, net flows, model delivery timeliness, error rates) and flag issues for remediation.
Client Engagement / Product Specialist
- Act as a product specialist for investment advisors and prospects supporting platform overviews, manager deep-dives, and sales presentations.
- Support sales and relationship teams with training materials, competitive positioning, and responses to escalated client questions.
Product Development
- Contribute to the SMA/UMA roadmap new manager and strategy additions, new capabilities, fee structures, and platform enhancements.
- Support business cases with market sizing, competitive benchmarking, economics, and operational feasibility analysis.
- Partner with Technology and Operations on requirements gathering, testing, and rollout.
Internal Coordination Across Operations, Trading, and Service
- Coordinate across operations, trading, and service to ensure accounts run to standard.
- Triage platform issues, drive root-cause resolution with the relevant teams, and identify process improvements.
- Maintain platform documentation, procedures, and controls; support audit, risk, and regulatory reviews.
- Balance project work against recurring day-to-day operating requirements.
Required Qualifications
- Background in asset management and/or RIA custody exposure to SMAs, UMAs, model delivery, or managed account platforms at an asset manager, TAMP, broker-dealer, RIA, or custodian. [36] years of relevant experience.
- Client-facing capability clear and credible communicator with advisors, clients, and external partners, with the ability to grow into senior-level settings.
- Exceptional organizational skills manages multiple concurrent workstreams, deadlines, and stakeholders without losing detail.
- Cross-functional collaboration gets outcomes through operations, trading, technology, legal, and sales without direct authority.
- Ownership mentality picks up projects and unresolved needs and runs with them to completion with limited oversight.
Salary Range
The expected base salary for this New York, NY, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
