• CIMD, GSAM, QIS Alternative Investment Strategies, Portfolio Construction and Trading, Analyst/Associate – New York City

    Location(s) US-NY-New York
    Job ID
    2019-57897
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    AIS
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    YOUR IMPACT
    We are looking for a candidate to join the Alternative Investment Strategies (AIS) team, a growing business within QIS.   The AIS team manages over $16bn of AUS across 4 main business lines (hedge fund beta, alternative risk premia, trend, and volatility) for institutions and mutual fund investors globally.  The Portfolio Construction and Trading (PCT) team is responsible for portfolio construction, execution research, and execution for portfolios comprised of multiple asset classes (futures, cash equities, FX, options, other derivatives) listed globally. 

    The ideal candidate is passionate about portfolio management and execution, quantitative trading 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 execution research, and further develop our execution skills.  Candidates should have a STEM background, a familiarity with programming language such as C / C++, Python, R, Matlab, and Slang and interest in financial 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.

     

    GSAM

    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 construction and execution of a wide range of financial instruments (cash equities, options, futures, FX, and other derivatives) across global markets
    • Pre and post execution quality analysis as well as research into new execution methods and tools, new markets, and new instruments
    • Work with research portfolio managers to ensure strategies are optimally “liquidity aware”
    • Research improvements to enhance execution platform and infrastructure buildouts through collaboration with Technologists and Strategists

    QUALIFICATIONS

     

    SKILLS & EXPERIENCE WE’RE LOOKING FOR

    • 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 experience is (experience with a programming language such as C / C++, Python, R, Matlab, Slang)
    • Trading experience would be preferred
    • Experience with pricing/risk analytics and transaction cost analysis would be a plus
    • Thrives in a team-oriented and collaborative environment
    • Strong interest in the financial markets and good investment sense/commercial instinct
    • Outstanding attention to detail
    • 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

    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. Learn more 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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity