Asset & Wealth Management, Fund Management Group, Associate - New York
Apply NowCompany: The Goldman Sachs Group, Inc
Location: New York, NY 10025
Description:
Job Description
A career with Goldman Sachs Asset & Wealth 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 $3.14 trillion in assets under supervision globally1, 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 & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the 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.
PORTFOLIO MANAGEMENT "PM"
The PM team seeks to optimize performance objectives and appropriately manage risk through consistent data-driven decision making for a variety of alternative investment strategies, including private equity, private credit, infrastructure and real estate. The PM team partners with investment teams, capital markets, engineering and investor relations to achieve superior outcomes for AWM's clients.
KEY RESPONSIBILITES / ACTIVITIES
Conduct fund modeling to drive portfolio construction, leverage and liquidity strategy
Assist with deal allocation for funds with overlapping mandates
Monitor hard and soft constraints at the fund level (including side letter terms, tax rules)
Assist with the development and recommendation of dividend policy (as applicable)
Present portfolio analysis and data-driven recommendations to senior management through written and oral presentations
Monitor and analyze industry trends to assist with strategic decisions
Assist with leading and coordination of board meetings and related materials
Research and prepare ad-hoc strategic analyses
Collaborate and coordinate with investing, debt capital market and asset management teams on transaction timing and impact
Skillset Required:
3+ years of experience in a financial services setting
Strong analytical orientation; prior financial modeling experience preferred
Desire and ability to perform financial and valuation analysis
Strong communication (verbal and written), multi-tasking and time management skills
Strong judgment and problem-solving skills
Ability to work independently in a small team, exhibit initiative and be proactive
Collaborative team player
Strong Excel and PowerPoint skills
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 opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
A career with Goldman Sachs Asset & Wealth 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 $3.14 trillion in assets under supervision globally1, 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 & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the 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.
PORTFOLIO MANAGEMENT "PM"
The PM team seeks to optimize performance objectives and appropriately manage risk through consistent data-driven decision making for a variety of alternative investment strategies, including private equity, private credit, infrastructure and real estate. The PM team partners with investment teams, capital markets, engineering and investor relations to achieve superior outcomes for AWM's clients.
KEY RESPONSIBILITES / ACTIVITIES
Conduct fund modeling to drive portfolio construction, leverage and liquidity strategy
Assist with deal allocation for funds with overlapping mandates
Monitor hard and soft constraints at the fund level (including side letter terms, tax rules)
Assist with the development and recommendation of dividend policy (as applicable)
Present portfolio analysis and data-driven recommendations to senior management through written and oral presentations
Monitor and analyze industry trends to assist with strategic decisions
Assist with leading and coordination of board meetings and related materials
Research and prepare ad-hoc strategic analyses
Collaborate and coordinate with investing, debt capital market and asset management teams on transaction timing and impact
Skillset Required:
3+ years of experience in a financial services setting
Strong analytical orientation; prior financial modeling experience preferred
Desire and ability to perform financial and valuation analysis
Strong communication (verbal and written), multi-tasking and time management skills
Strong judgment and problem-solving skills
Ability to work independently in a small team, exhibit initiative and be proactive
Collaborative team player
Strong Excel and PowerPoint skills
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 opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.