Asset Management Public-Fund Services - Public-Dallas-Associate

Goldman Sachs; Dallas (TX); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Goldman Sachs Group, Inc. in Dallas is seeking an Associate for Asset Management Public-Fund Services to support fund launches, mergers, restructures and other fund change events.

You will coordinate with Portfolio Management, Sales, Operations and external vendors to ensure timely, accurate execution. Preferred candidates have a Bachelor's degree and 2–4 years in Asset Management or related fields, with knowledge of fund administration and compliance standards.

Qualifications

• Bachelor’s degree or equivalent, with relevant industry experience.
• 2 to 4 years of relevant experience in Asset Management and exposure to alternative fund events.
• Knowledge of fund administration and compliance standards.
• Private markets, alternative investment funds, & registered products experience preferred though not required.
• Must work well in a team but also exhibit strong leadership capabilities to help drive solutions to complex issues.

Responsibilities

• Support fund launches, mergers, terminations, restructures and other fund change events.
• Coordinate with Portfolio Management, Product Development, Sales, Operations and external vendors to ensure timely delivery.
• Lead or assist with technology initiatives to uplift infrastructure, drive workflow scalability and improve controls.
• Draft and agree investment trade flows and ensure readiness of operational systems for trading.
• Develop strong relationships with stakeholders and manage multiple projects to tight deadlines.

Skills

Project management

Stakeholder management

Leadership

Communication

Time management

Education

Bachelor's degree or equivalent

Job description

Asset Management Public-Fund Services - Public-Dallas-Associate

Job Description

Our Impact

Goldman Sachs Asset Management has become one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Goldman Sachs Asset Management Operations is part of the Asset & Wealth Management Division and comprises ~1200 professionals across the globe. It consists of four broad functional areas, Client Operations, Investment Operations, Enterprise Operations and Management and Shared Services, all of whom work in a dynamic environment where control, client service and excellence in execution are fundamental principles.

The global Fund Services team sits within Client Operations with team members located in New York, Salt Lake City, London, Dublin, The Hague, Singapore, and Tokyo.

Your Impact

The team is primarily responsible for:

Facilitating new business and product expansion via project management of new fund launches.

Ongoing platform maintenance via co-ordination of fund mergers, fund terminations, restructures, other fund change events and regulatory uplifts.

Acquisition integration through fund onboarding, consolidation and restructuring.

The team interacts very closely with the Funds’ external service providers (including Custodian and Fund Administrators), as well as with all internal teams connected with design, setup, operation, and oversight of the Funds. The role will be varied and will allow the candidate to interact with a wide range of internal and external teams and be involved in a diverse range of tasks and projects.

The funds’ range includes both traditional and alternative investment vehicles such as Luxembourg-based SICAVs, Money Market Funds, ETFs and other Mutual Funds, through to complex private equity fund of funds structures, all of which are distributed to the firm’s global client base.

How You Will Fulfil Your Potential

You will effectively contribute towards the Asset & Wealth Management division product expansion initiatives by project managing fund launches and other fund change events for US and International funds.

You will work closely and develop strong working relationships with the Portfolio Management, Product Development, Sales, Operations, external vendors and various Federation teams to agree on product design expectations, fund features and establishing support models.

You will develop a strong understanding of our Asset Management Business, and the investment products on offer.

Your responsibilities for project managing and executing fund change events such as fund launches, terminations and other fund restructure events will include:

Setting expectations for launch timelines and bringing together all internal and external working group stakeholders.

Managing the fund event workflow utilizing in-house workflow tools.

Engaging in discussions to tackle various challenges to effectively meet design, portfolio manager and client needs.

Facilitating internal systems and external system setups.

Drafting and agreeing investment trade flows making sure all Operational systems are ready for trading.

Defining and getting approval for seed capital requirements.

Obtaining internal and external fund and share class identifiers.

Ensuring fund registration & governance requirements are in place prior to fund launch.

You will lead or assist with various projects including technology initiatives to uplift our infrastructure, driving workflow scalability, improving controls and reducing time to market.

You will make a good impression by:

Effectively managing risk.

Building personal relationships.

Preferred Qualifications and Experience

Bachelor’s degree or equivalent, with relevant industry experience.

2 to 4 years of relevant experience in Asset Management and exposure to alternative fund events.

Knowledge of fund administration and compliance standards.

Private markets, alternative investment funds, & registered products experience preferred though not required.

Must work well in a team but also exhibit strong leadership capabilities to help drive solutions to complex issues.

Attention to detail but also can see the bigger picture and manage competing priorities.

Ability to develop strong relationships with key stakeholders and delegates across the organization.

Ability to make informed autonomous decisions whilst delivering multiple projects to tight deadlines.

Strong organizational, business writing, communication and time management skills.

Desire to continually learn and ability to manage multiple priorities.

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.

Job Info

• Job Identification 172300
• Job Category Associate
• Locations Dallas, TX, United States

Healthcare & Medical Services

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.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care and Family Resources

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Learn More