Asset & Wealth Management, Asset/Liability Strategist, Associate - New York

Goldman Sachs; New York (NY); On-site; USD 100,000 - 170,000; Full time

Job summary

A leading investment firm is seeking an Associate in Asset & Wealth Management to join their Multi-Asset Solutions team in New York. The role involves designing and managing portfolios, performing asset/liability modeling, and communicating tailored solutions to clients. Ideal candidates will have a strong background in actuarial science and financial markets, along with excellent communication skills and proficiency in Excel.

Benefits

Competitive benefits

Wellness programs

Qualifications

• Minimum 3 years of experience in pension actuarial consulting.
• Experience with financial modeling in Excel.

Responsibilities

• Design and manage multi-asset class portfolios.
• Perform asset/liability modeling and develop hedging strategies.
• Prepare liability analysis based on actuarial data.

Skills

Detail-oriented

Organized

Excellent communication

Interest in financial markets

Education

Bachelor’s degree in Mathematics

Actuarial Science

Finance

Tools

Excel

PowerPoint

Job description

Asset & Wealth Management, Asset/Liability Strategist, Associate - New York

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Job Description

Asset & Wealth Management: Goldman Sachs Asset Management is one of the world’s leading asset managers with over $2 trillion in assets under supervision. We provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

Responsibilities

• Join the Multi-Asset Solutions (MAS) Portfolio Management Team in New York City.
• Design, manage, and communicate multi-asset class portfolios, focusing on liability-driven investing for pension and insurance clients.
• Develop, invest in, manage, and communicate customized portfolio solutions to clients.
• Prepare liability analysis based on actuarial data under various economic assumptions.
• Perform asset/liability modeling and develop interest rate and credit spread hedging strategies for pension plans in the US and Canada.
• Construct and review custom liability benchmarks for Liability Driven Investing strategies.
• Utilize advanced mathematical concepts for asset and liability modeling for clients and prospects.
• Support content development for client and prospect presentations, RFPs, and liability analyses.
• Maintain asset and liability models to produce stochastic analyses for US and Canadian plans.

Qualifications

• Bachelor’s degree in Mathematics, Actuarial Science, Finance, or related field.
• Associate (ASA) or Fellow (FSA) of the Society of Actuaries.
• Minimum 3 years of experience in pension actuarial consulting, US or Canadian valuations.
• Experience with financial modeling in Excel, advising on US pension funding laws, US (ASC 715) and IAS 19 standards, and asset/liability projections.
• Detail-oriented, organized, able to manage multiple tasks in a fast-paced environment.
• Independent worker and team player with excellent communication skills.
• Proficient in Excel and PowerPoint.
• Interest in financial markets, actuarial science, and investment strategies.
• CFA charterholder is a plus.

Salary Range

Expected base salary: $100,000 - $170,000, with potential discretionary bonus.

Benefits

Goldman Sachs offers competitive benefits and wellness programs, details available on their website.

Additional Details

• Seniority level: Associate
• Employment type: Full-time
• Job function: Finance and Sales