AMD, GSAM, Quantitative Investment Strategies, Customized Beta Strategies, New York, Vice President

Location(s) US-NY-New York
Job ID
2021-82756
Schedule Type
Full Time
Level
Vice President
Function(s)
Investment Management
Region
Americas
Division
Asset Management
Business Unit
Public Mkts Inv/Portfolio Mgmt
Employment Type
Employee

MORE ABOUT THIS JOB

Asset Management

A career with Goldman Sachs Asset Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

 

Goldman Sachs Asset Management’s 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 a platform of advanced beta strategies, which includes various smart beta, hedge fund replication, tax-efficient and customized, rules-based beta capabilities. The team also manages exposures to global stock, bond, currency and commodity markets to generate excess return, or “alpha,” for client portfolios. As one of the longest-running quantitative teams in the industry, QIS has developed a strong reputation for innovation, excellence, teamwork and camaraderie.

 

The Customized Beta Strategies team within QIS is a fast growing group which oversees approximately $90BN across over 15,000 customized equity portfolios.  The CBS team delivers bespoke investment solutions to High Net Worth, Institutional and Retail clients. As a focal point for one of the division’s key priority initiatives, the team operates in an entrepreneurial environment but with the resources of a large organization.  A core focus for the team is creating disruptive digital tools and designing cutting-edge investment strategies that are capable of transforming the asset management industry. We design and employ highly-scalable portfolio management systems to create equity-based strategies designed to meet client investment objectives. We invest on behalf of clients via a direct indexing approach, through highly customized separate accounts. Current investment solutions range from tax advantaged offerings, income based strategies, factor based investing, index replication, values alignment and ESG oriented portfolios - with more strategies under development.


Our team of portfolio managers works closely with Technologists, Strategists and Sales people to oversee all aspects of the portfolio management process, design systems and workflows, drive research projects and collaborate to create new investment strategies. We are energized by leveraging technology to create scale and customization across our entire business and deliver an excellent client experience. Our team operates in a fast paced environment that welcomes individuals who have a OR/Financial Engineering background and demonstrated interest in driving efficiency, optimizing systems and portfolio management topics. Responsibilities also include collaborating on new investment strategies, developing digital tools, and conducting quantitative research and analysis.

RESPONSIBILITIES AND QUALIFICATIONS

 

 

Job Responsibilities:

Ÿ  Portfolio management of over 15,000 accounts including facilitating day to day optimizations, performance monitoring, and strategy formulation

Ÿ  Contribute to the strategic design and optimization of systems and infrastructure that have been developed to operate business

Ÿ  Portfolio construction and execution of cash equity and derivative instruments across global markets

Ÿ  Investment research and portfolio analysis including investment style/sector/regional tilts and sensitivities, client specific customizations, and alternative indexing, with a tax-aware overlay

Ÿ  Working collaboratively with sales force to arrive at creative solutions for our clients, with focus on tax-aware and income generating strategies

Ÿ  Research improvements to enhance business platform and infrastructure buildouts through collaboration with Technologists and Strategists

 

 

 

Basic Qualifications

Ÿ  Undergraduate and/or graduate degree in Operations Research or Financial Engineering preferred. Computer Science, or another highly quantitative discipline also relevant.

Ÿ  Computer programming experience (e.g., Matlab, Python, R, Java, C / C++)

Ÿ  Creative, diverse problem solving skills, solid economic intuition, good commercial instinct

Ÿ  Careful/thorough, well organized, effective time management

Ÿ  Thrive in a team-oriented and collaborative environment

Ÿ  Excellent communication skills (especially written communication)

Ÿ  Interest in financial markets as well as environmental, social, and governance (ESG) strategies. (Experience and background with quantitative techniques and investment management preferable.)

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



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity