Asset & Wealth Management, Private Wealth Management, Equity Structuring, Vice President - New York
Goldman Sachs · New York, NY
- On site
- Full-time
- $197,500 / year
- New York, NY
Job highlights
- Structure and draft 10b5-1 plans for clients.
- Collaborate with advisors, legal, and compliance.
- Analyze client equity holdings and restrictions.
- Develop marketing materials and client education.
- Contribute to platform and technology enhancement.
About the role
About the Role
Goldman Sachs' Equity Structuring team is seeking a Vice President with a focus on 10b5-1 Plans, Executive Selling, and Restricted Stock. You will be instrumental in marketing and structuring capital markets transactions for founders, C-suite executives, and large shareholders of public companies. This role involves close collaboration with private wealth advisors, company counsel, and clients' tax advisors to structure and draft 10b5-1 plans throughout their lifecycle. You will also contribute to platform expansion and technology development.
Key Responsibilities
- Educate clients on 10b5-1 plans and related rules (e.g., Form 144 and Form 4 filings).
- Work with clients to structure and draft their 10b5-1 plans to align with their objectives.
- Partner with private wealth advisors, the 10b5-1 trading team, and internal partners like Legal and Compliance.
- Conduct due diligence on client restrictions derived from SEC rules, executive roles, and IPOs/M&A events.
- Research and analyze client equity holdings and transaction history using SEC filings and third-party datasets.
- Create client-facing marketing materials and educate clients and prospects.
- Contribute to platform expansion and technology development through collaboration with business partners and trading teams.
Qualifications
- Bachelor's degree required.
- Minimum of 2 years of experience in financial markets.
- Strong attention to detail, time management, and organizational skills.
- Excellent interpersonal and communication skills (written and verbal).
- Ability to think independently and analytically within a defined framework.
- Motivated team player with initiative and ability to work autonomously.
- High degree of personal accountability and ability to handle sensitive/confidential information.
- Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint).
- Experience in equity trading and/or capital markets.
- Familiarity with SEC rules and filings.
- Experience with Legal or Compliance workflows.
- SIE, Series 7, and Series 63 required (must be obtained within three months of employment).
About Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm founded in 1869. Headquartered in New York, we are dedicated to empowering clients to reach their financial goals through our advisor-led wealth management businesses. We foster diversity and inclusion, offering numerous opportunities for professional and personal growth. Learn more at GS.com/careers.
Key skills/competency
- Equity Structuring
- 10b5-1 Plans
- Wealth Management
- Financial Markets
- Capital Markets
- SEC Filings
- Derivative Strategies
- Client Relationship Management
- Investment Banking
- Financial Planning
Skills & topics
- Equity Structuring
- Vice President
- Goldman Sachs
- Private Wealth Management
- 10b5-1 Plans
- Executive Selling
- Restricted Stock
- Financial Markets
- Capital Markets
- SEC Filings
- Equity Trading
- Derivatives
- New York Jobs
- Investment Banking
How to get hired
- Tailor your resume: Highlight your experience with equity structuring, 10b5-1 plans, financial markets, and SEC filings. Quantify achievements where possible.
- Craft a strong cover letter: Express your understanding of Goldman Sachs' Wealth Management division and the specific responsibilities of the Equity Structuring Vice President role.
- Prepare for interviews: Be ready to discuss complex financial scenarios, your analytical approach, and how you handle sensitive client information.
- Demonstrate analytical skills: Showcase your ability to research, analyze equity holdings, and understand SEC regulations and capital markets transactions.
- Highlight collaboration: Emphasize your experience working with diverse teams, including private wealth advisors, legal, and compliance professionals.
Technical preparation
Master SEC rules and filings (10b5-1, Form 144, Form 4).,Practice equity analysis and transaction history research.,Familiarize with OTC derivatives and hedging strategies.,Enhance Microsoft Office proficiency for reporting.
Behavioral questions
Describe a complex client scenario you managed.,How do you ensure accuracy with sensitive data?,Share an experience of collaborating with diverse teams.,How do you prioritize tasks under pressure?
Frequently asked questions
- What is the primary focus of the Equity Structuring Vice President role at Goldman Sachs?
- The primary focus of this Equity Structuring Vice President role at Goldman Sachs is to work with founders, C-suite executives, and large shareholders of public companies, primarily by structuring and drafting 10b5-1 plans to facilitate their stock sales while adhering to regulatory requirements.
- What are 10b5-1 plans and why are they important for this role?
- 10b5-1 plans are trading plans that allow individuals to pre-arrange stock sales to avoid even the appearance of insider trading. They are crucial for this role as a significant portion of the Vice President's responsibilities will involve educating clients on these plans, structuring them according to client objectives, and managing their lifecycle.
- What kind of clients will I be working with as an Equity Structuring Vice President?
- As an Equity Structuring Vice President, you will work with clients who are founders, C-suite executives, directors, or large shareholders of public companies. These clients often have concentrated single stock positions and require bespoke solutions for hedging and monetization.
- What are the required licenses for the Equity Structuring Vice President position?
- Candidates for the Equity Structuring Vice President position must obtain the SIE, Series 7, and Series 63 licenses within three months of employment. These licenses are essential for performing the duties related to financial markets and securities transactions.
- How does the Equity Structuring team collaborate with other divisions at Goldman Sachs?
- The Equity Structuring team collaborates closely with Private Wealth Advisors, trading desks in Global Banking and Markets, and other internal subject matter experts across Goldman Sachs divisions. This cross-divisional partnership ensures comprehensive and tailored solutions for clients.
- What is expected in terms of experience for this Equity Structuring VP role?
- The role requires a Bachelor's degree and a minimum of 2 years of experience in financial markets. Specific experience in equity trading, capital markets, understanding SEC rules and filings, and Legal or Compliance workflows is highly valued.
- What is the salary range for the Equity Structuring Vice President role in New York?
- The expected base salary for this New York-based Equity Structuring Vice President position at Goldman Sachs is between $125,000 and $270,000 annually, with potential eligibility for a discretionary bonus.