AMD, GSAM, Fixed Income, Insurance Portfolio Manager, Associate/Vice President

Location(s) US-NY-New York
Job ID
2021-72299
Schedule Type
Full Time
Level
Vice President
Function(s)
General
Region
Americas
Division
Consumer and Wealth Management
Business Unit
Fixed Income Insurance
Employment Type
Employee

MORE ABOUT THIS JOB

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.

RESPONSIBILITIES AND QUALIFICATIONS

GSAM is seeking a candidate for the position of Portfolio Manager (PM) in the Insurance Fixed Income team. The candidate will focus on the management of fixed income investment portfolios for insurance companies, supporting GSAM's team of Senior Insurance PMs.

GSAM's Insurance Asset Management team is an industry leader in the management of the investment portfolios of life and health, P&C and reinsurance companies. GSAM has a dedicated global insurance business including an insurance fixed income management team, a relationship management team and an insurance strategy team. Members of the team are based in New York, London, Germany, Switzerland, Japan and Asia.

Job Summary & Responsibilities (External), Basic Qualifications, Preferred Qualifications

Responsibilities:

  • Maintain and expand existing client relationships through communication of relevant market / portfolio information and opportunities by leading periodic port! folio reviews in addition to investment committee presentations. li>Drive new business initiatives by analyzing prospective client portfolios, completion of request-for-proposal documentation in addition to providing broad support to Sales and Client Relationship Management teams.
  • Develop and maintain framework for portfolio construction for complex client portfolios, to allow for efficient allocation of trades to sub-portfolios
  • Develop and maintain detailed summary of client guidelines and preferences for portfolios
  • Daily monitoring of 100+ portfolios with respect to alignment with active investment views and consistency with client objectives
  • Coordinate and direct trading activity relating to cash or in-kind contributions or withdrawals.
  • Facilitate implementation of portfolio trades in restrictive portfolios by summarizing proposed trades for client approval

Qualifications:

The successful candidate will be a self-starter, highly motivated, goal oriented, and highly quantitative. The candidate should possess experience in client-facing fixed income portfolio management, have a proven track record of responsibility and attention to detail, have extensive analytical skills, and will be capable of dealing with complex portfolio situations under time pressure.

  • Bachelors in Math, physics, hard sciences, computer science, engineering; economics or finance considered with strong quantitative background
  • Extensive experience in Excel data tools and pivot tables, or similar experience in other data intensive applications
  • Other backgrounds considered based on ability to demonstrate quantitative skills
  • 5+ years of experience in fixed income or related field, specific insurance industry experience in addition to a CFA is a plus

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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity