Asset & Wealth Management, Fixed Income, Municipal Fixed Income Jr Portfolio Manager, Analyst, [...]

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

Job summary

A leading global investment firm seeks a junior Portfolio Manager/Trader for its Municipal Fixed Income team in New York. The successful candidate will assist in managing portfolios and executing trades while engaging with technology and operations for efficient trading processes. This role provides an exciting opportunity to work within a dynamic team focused on public fixed income strategies.

Benefits

Healthcare & Medical Insurance

Competitive vacation policies

Financial wellness support

On-site health centers

Child care facilities

Qualifications

• 0-3 years of experience required.
• Strong interest in markets is a plus.
• Background in finance or related fields preferred.

Responsibilities

• Allocate, execute, and reconcile trades.
• Maintain and rebalance portfolios.
• Collaborate with technology and operations teams.

Skills

Numerical

Analytical

Attention to detail

Interpersonal skills

Ability to work under pressure

Tools

Portfolio management systems

Bloomberg

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 trillion* in assets under supervision, 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.

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

GSAM's Municipal Fixed Income team is looking for a junior Portfolio Manager/Trader at the analyst level in New York. The successful candidate will be an integral part of the Municipal Fixed Income team and assist in building relationships with dealers and counterparties, ensuring trade integrity, and providing analysis and feedback on portfolio construction. In addition to its trading responsibilities, the role will also include considerable interaction with operations and technology support.

Key responsibilities
• Allocate, execute, and reconcile trades
• Maintain and rebalance portfolios across strategies
• Work with technology and strat teams to increase automation, improve quality of data, and create new trading tools
• Liaise with operations on a daily basis to resolve any trading issues
• Update and maintain reports for weekly/bi-weekly strategy meetings

Skills / Experience
• 0-3 Years of Experience
• Numerical and analytical with excellent attention to detail
• Background with portfolio management systems / Bloomberg a plus
• Keen interest in markets
• Strong Interpersonal skills
• Ability to work well under pressure

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.

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-$170000. 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 .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

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 Services

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 & Family Care

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.