H-1B1 Chile Visa Business Development Professional Jobs
H-1B1 Chile visa sponsorship lets Chilean nationals step into Business Development Professional roles in the U.S. without surviving a lottery. The 1,400-visa annual cap rarely fills, consulate processing replaces the USCIS petition route, and your two-year status renews indefinitely while you build a client portfolio and revenue pipeline stateside.
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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 ultra 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.
Business Development Professionals (BDPs) will work alongside Private Wealth Advisors (PWAs) across both existing client relationships and new business generation. In this role, BDPs will gain the investment expertise to build and monitor client portfolios as well as exposure to various methods for sourcing new client relationships. High performing BDPs are expected to transition into the PWA role and begin building their own book of business.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Work closely with PWAs to both support existing client relationships and drive new business generation
- Conduct client-facing analyses for client portfolios, spanning strategic and tactical asset allocation as well as portfolio risk / return
- Monitor macroeconomic trends and internal research publications, considering their potential impact on client portfolios
- Act as the growth engine for the PWM team across both wallet share and new business
- Develop a system for sustained outreach to prospective clients, spanning general marketing presentations, investment specific materials, strategic research publications, and client events
- Act as the PWM team’s central point of contact for client relationship management in Salesforce
- Participate in the PWM team’s prospective client meetings and coordinate follow-up, as needed
- Manage internal new business strategy meetings, developing agendas and driving associated action items
SKILLS & EXPERIENCE WE ARE LOOKING FOR
- Bachelor's degree
- Related financial services experience of 3+ years
- Interest in pursuing a career as a Private Wealth Advisor
- Ability to work in a fast-paced environment and think clearly under pressure
- Strong interest in the financial markets and good investment sense/commercial instinct
- Ability to multi-task and work with a variety of partners across the firm
- Entrepreneurial spirit coupled with a desire to work in a team-oriented environment
- Excellent verbal and written communication skills
- Strong interpersonal skills and ability to build and foster a strong network of relationships
- Creative approach to problem solving
- Strong project management and organizational skills
- SIE, Series 3, 7 and 63 (must be obtained within three months of employment)
- Obtaining CFA Charter and/or CFP highly encouraged and will be sponsored in accordance with firm policy
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
The expected base salary for this Seattle, Washington, United States-based position is $75,000-$160,000. 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.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Opportunity Overview
CORPORATE TITLE
Associate
OFFICE LOCATION(S)
Seattle
DIVISION
Asset & Wealth Management
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Get Access To All JobsTips for Finding Business Development Professional Jobs
Translate your commercial credentials into U.S. terms
Pull the O*NET profile for Business Development Representative or Manager and map your Chilean experience to its listed tasks and knowledge areas. Consular officers assess specialty occupation fit, so your resume must mirror U.S. occupational language, not a direct translation of your Chilean job title.
Target employers with active LCA filing history
Use Migrate Mate to filter Business Development roles by employers who've already filed Labor Condition Applications, confirming they understand H-1B1 Chile sponsorship requirements. Companies new to the visa often delay or abandon offers when they discover the LCA step.
Verify your offer letter meets specialty occupation standards
Your offer must describe duties requiring at least a bachelor's degree in a directly related field. Vague titles like 'Business Development Associate' with generalist duties have been flagged at consulate. Ask your employer to specify the analytical, strategic, or technical functions that require your degree.
Confirm prevailing wage compliance before signing
Run the OFLC Wage Search for your specific SOC code and work location before accepting an offer. The LCA wage must meet DOL's Level I through IV thresholds. An employer offering below prevailing wage cannot file a compliant LCA, which blocks your consulate application.
Prepare your H-1B1 consulate package before the offer closes
Unlike H-1B visa, your application goes directly to the U.S. consulate in Chile once the LCA is certified. Have your degree credential evaluation, employment verification letters, and DS-160 ready to move quickly. Consulate appointment slots in Santiago can book out several weeks in advance.
Understand the no-dual-intent rule for renewals
H-1B1 visa Chile status doesn't allow dual intent, so you can't simultaneously pursue a green card while holding it. If your employer plans to sponsor permanent residency, get clarity on how they'll bridge your status before initiating PERM, since maintaining lawful nonimmigrant status during that process requires careful timing.
Frequently Asked Questions
Does a Business Development Professional role qualify as a specialty occupation for H-1B1 Chile?
Yes, if the role requires at least a bachelor's degree in a directly related field such as business, marketing, economics, or international relations. Generic sales roles that accept any degree or no degree do not qualify. Your employer's job description must specify that the duties demand this level of specialized knowledge, not just preferred qualifications.
How does H-1B1 Chile compare to H-1B for Business Development roles?
H-1B1 Chile skips the lottery entirely and processes through the U.S. consulate in Chile rather than USCIS, which means faster and more predictable timelines for qualified applicants. The tradeoff is that H-1B1 Chile doesn't allow dual intent, so you can't concurrently pursue permanent residency the way H-1B holders can. For Business Development professionals focused on building a U.S. career without green card plans in the near term, H-1B1 Chile is a significantly more accessible path.
Where can I find employers who actively sponsor H-1B1 Chile visas for Business Development roles?
Migrate Mate filters Business Development job listings by employers with verified Labor Condition Application filing history, so you're applying to companies that already understand and use H-1B1 Chile sponsorship. Searching broadly without that filter wastes time on employers who've never navigated the process and may withdraw offers once they learn what's involved.
Can I switch employers while on H-1B1 Chile status in a Business Development role?
Yes, but unlike H-1B portability, H-1B1 Chile does not carry automatic portability protections. Your new employer must file a fresh LCA with DOL and you'll need to apply for a new H-1B1 at the consulate before starting. Working for the new employer before that consulate approval is issued puts you out of status, so start the process well before your intended start date.
How long does H-1B1 Chile processing take for Business Development professionals?
DOL typically certifies the LCA within seven business days. After that, consulate appointment availability in Santiago determines your timeline, which can range from a few weeks to over a month depending on demand. Building your consulate application package in parallel with LCA filing, rather than sequentially, is the most effective way to compress the overall timeline.
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