• CIMD Operations – Fund Management – Analyst/ Associate- New York/ Jersey City

    Location(s) US-NY-New York
    Job ID
    2018-49212
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Operations
    Region
    Americas
    Division
    Operations
    Business Unit
    PV Fund Services
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Consumer and Investment Management (CIMD)

    The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

     

    GSAM

    Goldman Sachs Asset Management (GSAM), within the Consumer and Investment Management Division (CIMD), delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique.  GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.

     

    Our Impact:      

    The Global Fund Management team is part of our GSAM business, responsible for the oversight of GSAM’s Pooled Vehicles.  The Team interacts very closely with the Funds’ external service providers (including Custodian and Fund Administrators), the Funds’ Board of Directors (internal and external) as well as with all internal teams connected with setup, operation and oversight of the Funds. The Team is at the hub of the day to day oversight of the funds and the role will be varied and will allow the candidate to interact with a wide range of internal and external teams and be involved in a diverse range of tasks and projects.    

     

    Your Impact:

    We are seeking a highly dynamic, detail-oriented, results-driven Associate to join our US Fund Management team.  In this capacity, you will manage a pipeline of fund events for GSAM, partner with the service providers with whom we’ve contracted to support the operations of our fund complex, and provide oversight of the internal books and records of our funds.  The Fund Management team works closely with internal partners across the Investment Management Division and Federation areas to ensure successful execution, robust controls, and exceptional client experience for GSAM’s fund business.

    RESPONSIBILITIES AND QUALIFICATIONS

    RESPONSIBILITIES AND QUALIFICATIONS

    Job Summary & Responsibilities

     

    Responsibilities

     

    As a member of the Global Fund Management team, you will be responsible for and/or involved in:

     

    Fund Events/Change Management Support

    • Liaising across internal business partners and external counterparties to launch and/or rationalize new pooled vehicles, facilitate fund lifecycle events and ensure the adequacy of account structures and surveillance for funds, including:
    • Coordinating launch of new funds/share classes
    • Coordinating mergers, closures, restructurings & other fund events
    • Ensuring proper maintenance of account structures
    • A wide range of ad-hoc fund related projects

     

    Strategic Vendor Management Program

    • Coverage and oversight of custodian and fund administrators to maximize potential value delivery across the firm
    • Creating and driving strategic projects for vendors based on divisional and business unit priorities and needs
    • Assisting with the evaluation, selection, negotiation and onboarding of new vendors and ongoing compliance with Firm vendor policies

    Fund Governance and Oversight

     

    • Providing superior client service and front to back oversight for GSAM’s pooled vehicle complex in a commercial and cost effective manner
    • Facilitating NAV & fund administrator oversight through reconciliations and day-over-day change analysis, in order to sustain accuracy of internal books / records
    • Supporting Portfolio Managers, Fund Boards, and Controllers by providing accurate and timely fund account information and overseeing all aspects of support of each pooled vehicle
    • Creating and driving strategic projects to improve efficiency and scalability while maintaining and managing risk
    • Production / Review of Board Packs and all other relevant materials
    • Preparation of management information reporting for internal management and committees

     

     

    Basic Qualifications

    • Bachelor’s degree or equivalent, with relevant industry experience
    • Strong interpersonal and communication skills and ability to work with professionals across various levels both internally and externally
    • Excellent organizational skills and ability to set own priorities and multi-task
    • An ability to work to tight deadlines, with activities and targets which may change at short notice
    • A high level of accuracy with the ability to maintain this standard while under pressure from deadlines
    • Highly motivated individual and self-starter with a proven background of delivery

    Preferred Qualifications

    • Fund experience is not required, but would be an advantage
    • Knowledge of fund products (i.e., mutual funds and alternative investment funds) and regulatory environments would be beneficial

     

     

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.