CWM, Personal Financial Management - Investment Management Associate - Cohoes NY

Location(s) US-NY-Albany
Job ID
Schedule Type
Full Time
Investment Management
Consumer and Wealth Management
Business Unit
Ayco Pwm Investment Profession
Employment Type


Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.



Goldman Sachs Personal Financial Management (GS PFM) specializes in creating personalized wealth management plans for affluent individuals and families. We give clients clarity, confidence and control over their financial decisions. Our dedicated team of advisors across approximately 100 offices throughout the U.S., develops and implements personalized plans tailored to each client's values and life goals. Our advisors offer an investment platform inclusive of products and services offered by Goldman Sachs and other third parties, including private banking and lending offerings. We consider the relationships with our clients a lifelong partnership, a partnership backed by over 150 years of Goldman Sachs providing consistency, perspective and access as our clients’ needs evolve.



The Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi-asset class discretionary mandates for a variety of client types.  This team brings together the independent investment advice of the Investment Strategy Group (ISG), a rigorous investment process, and a broad range of implementation options enabling them to construct risk-focused portfolios designed specifically for each client’s unique considerations.


PMG is seeking an Associate who can serve a variety of functions including supporting business management, portfolio management, and trading functions.  In this capacity, the role will play a critical role in helping to build a platform which will ultimately help manage multi-asset class portfolios for various wealth segments, ranging from mass-affluent to high-net-worth individuals.  This is a unique opportunity for entrepreneurially-minded candidates who value the opportunity to help build a new and unparalleled investment offering. Business management responsibilities will include supporting the design and implementation of the investment platform; project management and organizational skills are a must.  Portfolio management responsibilities will include rebalancing and trading support, cashflow / liquidity management, implementation changes, risk management, and account/model maintenance.  Additional responsibilities include creation/maintenance of marketing materials, on-going ad hoc reporting/presentations, performance attribution, investment analysis requests, and other support functions. This is a dynamic role suited for a self-starter.





  • Work closely with senior team members in supporting the platform design of multi-asset class strategies
  • Support the management of the investment catalog, working with internal resources towards adding new implementations as necessary
  • Portfolio monitoring and rebalancing to predefined risk and construction parameters
  • Assist in the creation and maintenance of marketing materials and other internal reporting / content which supports investment oversight
  • Manage generation of performance reporting including quarterly reviews and performance attribution
  • Support research and report on internal and external investment vehicles on a regular basis across asset classes
  • Keep abreast of the latest events in financial markets and draw inferences on portfolio impact
  • Work in conjunction with various product groups within the Consumer and Investment Management Division to respond to business needs
  • Serve as a key liaison to other areas supporting the PMG business including Legal, Compliance, and Technology
  • Work closely with Technology, building upon and developing portfolio management functionality
  • Manage model maintenance and support ad hoc reporting needs
  • Execute trading across Exchange Traded Funds (ETFs), Mutual Funds, & allocate to Separately Managed Accounts
  • Assist in managing trade plans and structuring trades



The US Portfolio Management Group business covers clients located throughout the United States.





  • Minimum Bachelor’s degree (U.S. or equivalent)
  • Strong verbal and written communication skills
  • Interpersonal/leadership skills and a passion to engage with both internal and external contacts
  • Ability to work in a fast-paced environment and think clearly under pressure
  • Attention to detail, patience, and demonstrated ability to multi-task and prioritize
  • Proven project management experience and organizational skills
  • Strong interest in the financial markets and good investment sense/commercial instinct
  • Collaborative and team-oriented
  • Ability to work with numerous colleagues and desks across the Firm
  • Preference for previous trading experience, particularly with ETFs
  • Required: Strong Microsoft Office skills, including specific proficiency in Excel and Powerpoint
  • Series 7 and 63 required (must be obtained within three months of employment)



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

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

© 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