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Asset & Wealth Management, Private Wealth Management, Business Unit Manager, Vice President - Chicago at Goldman Sachs, Inc.
JOB DESCRIPTION
Business Unit Manager
The Business Unit Manager, as a member of the Regional Management Team, plays a major role in managing the day to day operations of the office. This is a unique opportunity to work directly with the Region Head on all aspects of office management, including people development and business strategy. The Business Unit Manager will also work closely with Private Wealth's Senior Management Team, along with key stakeholders and partners throughout the business. The position requires good knowledge of the Private Wealth Management industry complemented by strong interpersonal and organizational skills.
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.
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.
Core member of Regional Management Team involved in executing and developing strategy to achieve local goals
Assist local Regional Head in the overall supervision, management and running of the office
Manage, develop and recruit regional office employees, including Private Wealth Advisors, Financial Analysts, Wealth Management Professionals, Financial Investment Professionals, Business Development Professionals, Interns and Administrative Assistants
Create annual strategy and performance targets for teams, and track business metrics for the office
Ensure seamless daily business operations and client experience through close coordination with business partners in Operations, Compliance, Legal, Human Capital Management, Finance and Technology divisions
Have a broad understanding of office's clients and largest prospective client opportunities
Perform regulatory supervisory functions for the business
Oversee office marketing, branding, and client engagement strategy
Facilitate cross-functional efforts on a variety of national strategic initiatives and special projects related to business profitability, growth and operations
Handle office budgeting process, expenses and procurement
Manage personnel related issues, including employee training and development, performance reviews, compensation and promotion recommendations, and mentoring
Ensure that all employees are in compliance with regulatory requirements, include registrations and series exams
Resolve conflicts inter/intra-office
Assist teams with strategically optimizing effectiveness and efficiency through best practice sharing and business planning
Manage resource allocation decisions across teams
Bachelor's Degree Required
Self-starter who takes ownership and can lead/manage projects independently
Exceptional communication and interpersonal skills and ability to build and foster a strong network of relationships; confidence to work closely with senior management
Strategic thinker with strong analytical skills
Highly organized and process oriented with strong attention to detail and excellent follow-through
Results-oriented: ability to thrive in a fast paced environment, handling multiple, time-sensitive projects while focusing on the quality of work delivered
Good judgment and discretion, with ability to handle sensitive and confidential information with the utmost discretion and care
Commitment to excellence and a high level of integrity
Teamwork orientation
People and Project Management experience a plus
Financial industry experience a plus
SIE and Series 7, 9, 63 and 10 (must be obtained within first 3 months of employment)
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., 2026. 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.
Salary Range The expected base salary for this Chicago, Illinois, United States-based position is $85000-$240000. 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.
Job Info
Job Identification 170188
Job Category Vice President
Posting Date 04/28/2026, 04:48 PM
Locations Chicago, IL, United States