Asset & Wealth Management, Alternative Investment Platform, GP Coverage & Sourcing, Associate - New York City

Goldman Sachs (lateral); New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Goldman Sachs is seeking an associate in New York to join the GP Coverage and Sourcing segment of the Alternative Investment Platform. The role focuses on growth and venture opportunities, building and maintaining relationships with top tier managers, and supporting structuring, capital markets and investor relations for offerings.

As part of the GP Coverage and Sourcing team, you will help originate investment strategies, work with external sales professionals, and contribute to fundraising

Qualifications

• Deep understanding of financial markets and investment instruments.
• 3+ years' experience in wealth management, asset management, investment banking, or private equity.
• Strong quantitative, analytical and problem-solving skills.
• Team player with excellent communication and interpersonal skills.
• Self-starter with ability to work independently and across group functions.

Responsibilities

• Establish and manage GS ACM relationships with external managers, including new product development and coordination of external sales professionals.
• Source, diligence and originate new alternative investment offerings to meet client demand and opportunities.
• Provide input on ACM sales strategy across client segments and develop fundraising strategies.
• Lead marketing of alternative investment offerings for venture and growth across GS client segments and regions.
• Lead client portfolio reviews and provide performance attribution and fund commentary.
• Coordinate across AIP, GS CIO, and external managers to educate on alternative investment themes.

Skills

Financial markets understanding

Quantitative and analytical skills

Communication and interpersonal skills

Multi-task and project management

Independent and team-oriented

Education

Bachelor's degree or higher

Job description

YOUR IMPACT

The GP Coverage and Sourcing team within the Alternative Investment Platform is seeking an associate focused on growth and venture to join their 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 Investment Platform

The Alternative Investment Platform (AIP) is a global team comprised of 100+ alternative investment professionals across 13 global offices. The team is responsible for ~$200B in AUS, serving institutions, foundations, family offices, high net worth and ultra-high net worth individuals for Goldman Sachs Wealth Management. AIP, one of the leading allocators globally, includes the Alternative Capital Markets business, focused on curating a best-in-class alternatives platform and client experience across Goldman Sachs managed and externally managed strategies. The team curates investment opportunities for clients across the alternatives landscape, advises on building alternatives portfolios, and manages discretionary portfolios through our Alternatives Portfolio Services (APS) platform.

GP Coverage and Sourcing

Within AIP, GP Coverage and Sourcing is responsible for leading the origination of alternative investment opportunities for GS Wealth clients. The venture and growth team team focuses on identifying and creating investment strategies including co-investments that meet client demand and address market opportunities by establishing and maintaining relationships with top tier managers. In addition, the team leads the structuring, capital markets and ongoing investor relations for each offering.

HOW YOU WILL FULFILL YOUR POTENTIAL

Help establish and manage GS ACM relationships with external managers, including new product development and coordination of external sales professionals, as well as source, diligence and originate new alternative investment offerings to meet client demand and address current market opportunities

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

Help provide input on ACM sales strategy across client segments, advising on growth strategies for new offerings / solutions, and develop segment specific fundraising strategies

Help lead marketing of alternative investment offerings for venture and growth 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

Lead client portfolio reviews, including alternative portfolio analysis / implementation guidance, as well as provide performance attribution and fund commentary

Help drive education of alternative investment themes and portfolio implementation for all GS client segments and regions by coordinating across AIP, GS CIO, GS investment teams and external managers to provide best-in-class thought leadership

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• Bachelors Degree or Higher
• Deep understanding of financial markets and investment instruments
• 3+ year's experience in wealth management, asset management, investment banking, or private equity
• Strong quantitative, analytical and problem-solving skills
• Team player, with excellent communication and interpersonal skills
• Sophisticated and tactful client manager who can effectively manage the entire investor lifecycle
• Strong ability to multi-task, with an ability to manage multiple projects with different deadlines
• Self-starter, with ability to work both independently and in a team-oriented environment and across group functions
• Solid work ethic, motivation level, and strong attention to detail
• SIE, Series 7, and Series 63 (must be obtained within 3 months)