Asset & Wealth Management, Alternative Capital Markets, Direct Investments, Associate - New York

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 85,000 - 160,000; Full time

Job summary

Join a dynamic team at a leading investment firm as an Associate in the Direct Investments team, where you will play a crucial role in building strategic relationships and marketing investment opportunities. This position offers the chance to engage with sophisticated clients, evaluate investment opportunities, and contribute to the growth of the Wealth Alternatives platform. With a commitment to diversity and inclusion, the firm fosters an environment where your skills and insights can thrive. Embrace this opportunity to make a significant impact in the world of alternative investments.

Qualifications

• 4+ years' experience in investment banking or corporate finance.
• Strong analytical, quantitative, and technical abilities.

Responsibilities

• Build long-term relationships with clients for investment opportunities.
• Lead marketing of direct company investment opportunities.

Skills

Investment Banking

Corporate Finance

Financial Markets Understanding

Analytical Skills

Quantitative Skills

Communication Skills

Project Management

Client Management

Education

Bachelor's Degree

Job description

YOUR IMPACT

Alternative Capital Markets is seeking an Associate to join their Direct Investments team in New York City.

OUR IMPACT

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to 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 customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Alternative Capital Markets (ACM)

Alternative Capital Markets is a global team with 60+ alternative investment professionals across eight offices (New York, Albany, Dallas, London, Zurich, Hong Kong, Singapore, and Shenzhen), responsible for over $120B+ in AUS, serving institutions, foundations, family offices, high net worth and ultra-high net worth individuals. ACM is the architect of the Wealth Alternatives platform including private equity, growth / venture capital, private credit, private real estate, hedge funds, co-investments and impact private investing. These offerings include AM Private, XIG, and third-party external investment strategies, as well as differentiated private company access via both internal and external referrals. ACM's full-service capital markets business covers the entire lifecycle of an alternative investment, from investment sourcing to client solutions, as well as a new discretionary offering enabling programmatic platform access, an in-house liquidity platform for clients (qualified matching service, or QMS), and dedicated platform management and strategy.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Build long-term, strategic relationships with advisors / GS clients to provide access to relevant private company investment opportunities


• Help lead marketing of direct company investment opportunities across GS client segments and regions including managing overall fund raising activity, developing marketing collateral / strategy pitch and engaging advisors / clients by organizing road shows / events / campaigns


• Help source and evaluate new direct company investment opportunities to meet client demand and address current market opportunities


• Help establish and manage GS ACM relationships with internal investment teams and external managers as it relates to direct company / co-investment opportunities


• Lead client direct company investment portfolio reviews, including portfolio analysis / implementation guidance, as well as provide performance attribution and company updates


• Serve as an alternative investment strategist, helping establish GS Wealth house view on current private market trends / opportunities and providing insight to clients and internal GS constituents

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• Bachelors Degree or Higher


• 4+ years' experience preferably in investment banking or corporate finance


• Deep understanding of financial markets and investment instruments


• Strong analytical, quantitative and technical abilities, including some financial and valuation modeling experience


• Exceptional written and oral communication and interpersonal skills; confidence to work closely with sophisticated clients


• Self-starter who takes ownership, prioritizes, manages multiple time-sensitive projects, and can meet competing deadlines with little guidance or oversight


• Highly organized and forward-thinking with attention to detail and excellent follow-through


• Strong team player; team-first attitude with positive disposition


• Sophisticated and tactful client manager who can effectively manage the entire investor lifecycle


• SIE, Series 7, and Series 63 (must be obtained within 3 months)

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 $85000-$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.