• CIMD, GSAM, QIS Customized Beta Strategies, Portfolio Management and Research, Analyst/Associate – New York City

    Location(s) US-NY-New York
    Job ID
    2019-51083
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Investment Management
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    QIS
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    YOUR IMPACT

    We are looking for a candidate to join the Customized Beta Strategies (CBS) team, a fast-growing business within QIS. The team manages over $85bn in Customized Smart Beta and ESG strategies across the Private Wealth, Institutional, and Third Party platforms. The ideal candidate is passionate about portfolio management, quantitative investment research and the growing intersection between technology and investment management more broadly. We welcome individuals who enjoy a fast paced work environment and can leverage technical skills to manage portfolios, produce investment analysis and insight and further develop our investment strategies and capabilities.  Candidates should have a STEM background, a familiarity with programming language such as C / C++, Java, Python, R, Matlab and interest in equity markets.

      

    OUR IMPACT

    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.

     

    Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

     

    Within GSAM, the Quantitative Investment Strategies (QIS) team manages over $150 billion across a variety of mandates including institutional portfolios, high net worth accounts and mutual funds, using sophisticated quantitative models that have been developed in an innovative research environment. The team is one of the largest quantitative managers in the world, and is recognized as an industry leader in quantitative portfolio management techniques. The team manages exposures to global stock, bond, currency and commodity markets to generate excess return, or “alpha,” for client portfolios. The team also manages a platform of advanced beta strategies, which includes various smart beta, hedge fund replication, tax-efficient and customized, rules-based beta capabilities. As one of the longest-running quantitative teams in the industry, QIS has developed a strong reputation for innovation, excellence, teamwork and camaraderie.

    RESPONSIBILITIES AND QUALIFICATIONS

    HOW YOU WILL FULFILL YOUR POTENTIAL

    • Portfolio management of over 10,000 accounts including facilitation day to day optimizations, performance monitoring, and strategy formulation
    • Portfolio construction and execution of cash equity and derivative instruments across global markets
    • Work collaboratively with sales force to arrive at creative solutions for our clients
    • Investment research and portfolio analysis on investment style/sector/regional tilts and sensitivities, client specific customizations, and alternative indexing
    • Create, enhance, and market bespoke environmentally and socially responsible strategies for high net worth and global institutional clients
    • Contribute to our digital strategy allowing investment products to be sold direct-to-consumer
    • Research improvements to enhance business platform and infrastructure buildouts through collaboration with Technologists and Strategists

     

    QUALIFICATIONS

     

    SKILLS & EXPERIENCE WE’RE LOOKING FOR

     

    BASIC QUALIFICATIONS

    • BA/BS degree in Economics, Finance, Engineering, Computer Science or another highly quantitative discipline
    • Quantitative orientation; finance and statistics knowledge
    • Excellent verbal, presentation and written communication skills
    • Computer programming background or experience is ideal (experience with a programming language such as C / C++, Java, Python, R, Matlab)
    • Thrives in a team-oriented and collaborative environment
    • Strong interest in the financial markets and good investment sense/commercial instinct
    • Outstanding attention to detail
    • Experience and background with quantitative techniques and investment strategies would be preferable
    • Organized and deadline driven
    • Ability to work in a fast-paced environment and think clearly under pressure
    • Creativity and problem-solving skills

    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.