AWM, Private Bank, Head of US Deposits, Vice President- New York

AWM, Private Bank, Head of US Deposits, Vice President- New York location_on New York, NY, United States AWM, Private Bank, Head of US Deposits, Vice President- New York Apply AWM, Private Bank, Head of US Deposits, Vice President- New York location_on New York, NY, United States Apply OUR IMPACT The Private Bank, within Asset & Wealth Management, delivers integrated lending and banking solutions—including deposits, loans, and liquidity products—to high-net-worth and ultra-high-net-worth clients. The U.S. Deposits platform is a critical driver of firmwide balance sheet strength, funding strategy, and client engagement. ROLE OVERVIEW

We are seeking a senior leader to serve as Head of U.S. Deposits, responsible for setting and executing the national strategy for the Private Bank’s deposit business. This individual will lead a high-performing team and partner closely with Investing, Lending, Treasury, and Wealth Management leadership to drive balance growth, optimize pricing, and enhance client outcomes.

This role combines P&L ownership, strategic leadership, and team management, with direct accountability for deposit balances, revenue, and franchise expansion. KEY

RESPONSIBILITIES

• Business Leadership & Strategy Own and drive the U.S. deposit strategy, including product positioning, growth initiatives, and market expansion Set pricing strategy and balance sheet optimization approach, balancing growth, profitability, and liquidity objectives
• Lead annual planning, forecasting, and business performance management against balance and revenue targets
• Identify and execute new product development opportunities and strategic initiatives Team Leadership & Organizational Management
• Lead, develop, and scale a national deposits team across functions (pricing, analytics, product, and coverage)
• Establish clear roles, accountability, and performance management frameworks
• Coach and mentor team members, building a high-performance, collaborative culture
• Partner with senior leadership to evolve org structure aligned to business priorities Pricing, Analytics & Risk Oversight Oversee deposit pricing strategy and governance, including standard and exception pricing frameworks
• Ensure robust analytics, forecasting, and performance tracking infrastructure Maintain oversight of liquidity, interest rate, and market risk exposures, ensuring alignment with firm limits Leverage competitive intelligence to inform pricing and positioning strategy Product & Platform Management
• Define and evolve the deposit product suite, including term deposits, sweep products, and structured solutions
• Drive enhancements to platform capabilities, processes, and operational efficiency
• Ensure strong controls, policies, and regulatory compliance across the business Advisor & Client Engagement
• Partner with regional leadership, advisors, and bankers to drive deposit adoption and wallet share growth Act as a senior point of contact for key client opportunities, supporting complex or strategic situations
• Lead go-to-market strategy, including marketing campaigns, advisor education, and client communication Cross-Functional Leadership
• Collaborate with Treasury, Risk, Finance, Technology, and Legal/Compliance to align on funding strategy, governance, and execution Represent the U.S. deposits business in senior forums and strategic decision-making discussions

QUALIFICATIONS

& EXPERIENCE Significant experience in deposits, treasury, banking products, or balance sheet management, ideally within Private Banking or Wealth Management Proven track record of leading teams and managing complex financial businesses Deep understanding of deposit pricing, liquidity management, and regulatory environment Strong strategic mindset with execution rigor Exceptional stakeholder management and communication skills, with ability to influence senior leaders Analytical orientation with ability to translate data into business strategy Salary Range The expected base salary for this New York, NY, United States-based position is $115000-$270000. 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 .