Goldman's investment banking chief shares how she uses AI most — and how juniors should use it to get ahead
Posnett said junior employees need to strike a balance with their AI usage.
Bloomberg/Getty Images Kim Posnett, co-head of investment banking at Goldman, said AI "raises the bar" for client meetings.
She said junior bankers need to strike the right balance with AI and offered five pieces of advice.
Though AI can automate grunt work, Posnett said learning the technical basics remains important.
Even the highest echelons of Goldman Sachs' investment bank are having to re-learn the art of the client meeting.
Kim Posnett , the firm's co-head of investment banking, said AI has transformed the nature of those meetings for the bank and the client, both of whom can now access and understand far more information.
Now, the CEOs, founders, and investors she talks to have higher expectations for good advice.
"It raises the bar for having high-impact meetings, because everyone is more educated and more intelligent before the meeting," she said.
Posnett also uses AI to synthesize intel faster when preparing to meet with clients and, in turn, spends time on higher-order thinking, as she said is true for many senior bankers.
Kim Posnett is the co-head of investment banking at Goldman Sachs.
Goldman Sachs Junior bankers are similarly better prepared to sit in on client meetings, which is accelerating an apprenticeship culture that's central to the firm's identity, Posnett said.
The youngest analysts can now spend more time where the true learning lives: listening to complex conversations and watching how senior bankers advise clients through high-stakes choices.
Find the right AI balance Goldman Sachs spent around $6 billion on technology , and the bank's CEO, David Solomon, advised this year's interns to experiment with AI in his annual letter .
As Posnett sees it, young people across industries should take his advice and aim to "learn faster, to prepare better, and to spend more time on higher-value work." For investment banking analysts at Goldman Sachs, she said that often means speeding up the research process, maybe by summarizing earnings calls or analyzing industry trends.
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