Vestmark, an innovator of advisory solutions and wealth management technology, has appointed Mark Saunders as the VP, director of operations of Vestmark Business Process Outsourcing (BPO).

In this new role, Mr. Saunders will be responsible for supporting the expansion of Vestmark’s Jersey City-based BPO unit and executing initiatives to enhance the services provided to BPO clients.

Mr. Saunders is a seasoned financial services manager with more than 15 years of experience in the industry. Prior to joining Vestmark, Mr. Saunders was VP of Wrap Operations at Goldman Sachs Asset Management, where he was responsible for daily reconciliation, account opening and servicing, composite performance maintenance, and account guidelines monitoring.

During his time at Goldman Sachs, Mr. Saunders worked with IT and vendors to consolidate all GSAM managed SMA wrap accounts onto VestmarkONE. In addition to Goldman Sachs, Mr. Saunders has also held senior managerial positions with Hillman Capital Management and Envestnet.

“We are very excited to have Mark bring his knowledge of the complex middle- and back-office operations space to Vestmark,” said Steven Camp, Senior Vice President of BPO. “His deep experience will be tremendously valuable to serving our clients’ needs and contributing to the continued growth of our BPO business.”