• CIMD, Global Portfolio Solutions, Portfolio Management & Risk, Analyst/Associate

    Location(s) US-NY-New York
    Job ID
    2019-53475
    Schedule Type
    Full Time
    Level
    Associate, Analyst
    Function(s)
    Customer Service, General, Investment Banking, Risk Management
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    Global Portfolio Solutions
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    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.

     

    GPS

    Global Portfolio Solutions, “GPS” is the multi-asset class investing group within the Consumer and Investment Management Division at Goldman Sachs. GPS is responsible for managing customized multi-asset class portfolios and funds, including discretionary mandates for US and international public pension plans, sovereign wealth funds and insurance companies and providing outsourced CIO services. The team is comprised of professionals with deep and varied investment backgrounds who specialize in designing and implementing customized multi-asset class portfolios. The team applies rigorous techniques to strategic and tactical asset allocation, asset-liability analysis, portfolio design and implementation, risk management, and portfolio reporting and analytics. The team has been managing customized multi-asset class mandates since 1995 as a committed partner to corporate pensions, sovereign wealth funds, healthcare organizations, endowments, foundations, and government institutions.

    RESPONSIBILITIES AND QUALIFICATIONS

     

    HOW YOU WILL FULFILL YOUR POTENTIAL

    The successful candidate would become a member of the Portfolio Management and Risk team within GPS, responsible for management and construction of multi-asset class portfolios in line with GPS investment philosophy, client guidelines and regulatory constraints. This role is highly analytical and detail-oriented, focusing on managing investment exposures across many asset classes and investment strategies.

     

     

    SKILLS & EXPERIENCE WE’RE LOOKING FOR

    Core Responsibilities:

    • Managing multi-asset class portfolios in line with client guidelines, internal investment policies, and regulatory constraints,
    • Trading across asset classes (equities, fixed income, currencies, commodities) and instruments (futures, ETFs, options, swaps, funds).
    • Working closely with other GPS teams to execute strategic and tactical investment ideas with consistency and scale, including determining optimal instruments to trade based on portfolio-specific, regulatory and market-related considerations
    • Be a part of front-office risk management team and contribute to monitoring, evaluating and managing risks and opportunities of the underlying investments
    • Creating investment, and portfolio construction frameworks across asset classes, developing expertise in terms of investment alternatives
    • Managing portfolio risk across various investment vehicles and product desks, including exposure, currency and cash management, investment manager/vehicle oversight
    • Structuring trades across asset classes to manage the portfolio in line with hedging and flow considerations, in collaboration with GSAM’s trading desk
    • Managing derivative-based overlay strategies to enhance risk management profile of overall portfolios and/or capture market risk premia
    • Reviewing new portfolio design and investment strategies for client portfolio suitability, with specific focus on our ability to effectively manage and implement such portfolios and strategies
    • Serving as investment-side lead for complex portfolio events, including onboarding of new client mandates and portfolio restructurings, requiring coordination across multiple internal investment teams throughout the firm, as well as external managers and trading counterparties.

     

    Basic Qualifications:

    • Bachelor’s degree
    • 1.5-3.5 years of investment management experience
    • CFA preferred (including current participation in program)
    • Quantitative analysis and skillset
    • Detail oriented and organized with the ability to manage multiple tasks in a fast-paced environment
    • A self-starter able to work independently and thrive in a team environment
    • Consistently positive attitude and eagerness to work in a team-centric environment
    • Intelligent, creative, with good problem-solving abilities
    • Risk management and control orientation
    • Excellent project management skills
    • Excellent writing and communication skills
    • Strong interest in the financial markets, good investment awareness, basic knowledge of asset allocation principles and of factor investing approaches
    • Ability to communicate investment strategies and rationales to audiences of varying levels of sophistication
    • Proficient in Excel and PowerPoint; Bloomberg or financial data systems knowledge preferred.

     

     

    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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.