Estate Associate

YOUR IMPACT

As an Estate Associate, you will play a pivotal role in our estate settlement business, collaborating directly with estate and trust officers and fiduciary experts to navigate complex administrations. This will include acting as a bridge for information flow for internal and external partners and clients, performing money movement and asset maintenance daily, servicing estates and overseeing teamwide deadlines associated with the tax administration process. If you are a detail-oriented communicator who thrives on solving complex administrative puzzles and delivering exceptional client service, join us to grow your career in a prestigious corporate setting.

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.

The Goldman Sachs Trust Company (GSTC)

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 Estate Settlement Services team is dedicated to administering estates efficiently, thoughtfully, and in coordination with fiduciary professionals, PWAs, outside counsel, tax advisors, beneficiaries, and other stakeholders while observing our responsibilities as an independent, professional fiduciary.

Based in our New York City office, a GSTC Estate Associate (EA) provides direct support for estate settlement administration, including account administration, coordination of estate-related activity, and management of the operational experience for estates and related stakeholders.

HOW YOU WILL FULFILL YOUR POTENTIAL 

• Support the Estate Settlement Services team with the administration, operation, maintenance, and monitoring of estate accounts
• Participate in regularly scheduled calls with clients and their trusted advisors

• Manage competing priorities to meet established deadlines while maintaining clear expectations across stakeholders

• Serve as a key liaison to PWAs, fiduciary professionals, outside counsel, tax advisors, and other areas supporting the estate settlement process
• Assist with estate onboarding, including documentation, account opening, asset inventory, and funding activity
• Administer estate cash management functions, including receipts, disbursements, journals, checks, and wires
• Coordinate preparation of estate tax payments, fiduciary income tax payments, and related tax filings
• Support estate account oversight activities to comply with fiduciary, operational, and regulatory requirements
• Reconcile and verify estate account activity, asset values, distributions, and historical data as needed
• Coordinate estate-related account implementation, asset transfers, and funding activity
• Support projects related to estate settlement workflows, process improvements, and team strategic planning
• Participate in efforts to improve efficiencies within the Estate Settlement Services business

WHERE WILL YOU MAKE AN IMPACT

GSTC has a national practice, working with PWAs based in 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

SKILLS & EXPERIENCE WE’RE LOOKING FOR

• Bachelor’s Degree Required, J.D. preferred
• Ability to work in a fast-paced environment and think clearly under pressure
• Strong interest in client service
• 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 
• Strong knowledge of estates practice area, including probate and tax matters
• Paralegal or Senior Associate experience in estate administration and/or experience on an estate administration team at a wealth management firm is strongly preferred