Asset & Wealth Management, Fixed Income, Securitized Credit Portfolio Manager, Associate, New Y[...]

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

Job summary

An established industry player is seeking a passionate portfolio manager for their Securitized Investment team in New York. This role offers the chance to engage with over $99 billion in Securitized assets, focusing on ABS and CMBS markets. The ideal candidate will thrive in a collaborative environment, generating investment ideas and supporting trading efforts. With a strong emphasis on analytical skills and teamwork, this position promises to be rewarding for those eager to make an impact in the investment management space. Join a forward-thinking firm that values diversity and innovation.

Benefits

Healthcare & Medical Insurance

Generous Vacation Policies

On-site Fitness Centers

Child Care Services

Financial Wellness Programs

Qualifications

• Strong quantitative and analytical skills with attention to detail.
• Knowledge of fixed income and Securitized markets is essential.

Responsibilities

• Generate investment ideas through fundamental analysis in Securitized Credit.
• Work with the portfolio management team to implement investment views.

Skills

Quantitative Analysis

Analytical Skills

Communication Skills

Problem-Solving

Attention to Detail

Education

Bachelor's Degree

CFA (preferred)

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) New York assignment JOB FUNCTION Investing & Portfolio Management - Public account_balance DIVISION Asset & Wealth Management monetization_on SALARY RANGE USD 100,000 - 170,000

Asset & Wealth Management Overview

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 & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.8 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.

Role Overview

The Securitized Investment team is seeking a portfolio manager in Securitized Credit. The team manages over $99 billion* in Securitized assets across the global fixed income platform, with over $44 billion* in Securitized Credit assets.The successful candidate will be an integral part of the portfolio management team in New York, gaining exposure to ABS, CMBS, CLO, and Non-Agency RMBS markets, with a primary focus on ABS/CMBS.As such, experience analyzing, trading, and taking risk in these sectors is preferred though not a requirement.The candidate should evidence the ability to excel in a team environment. The role places an emphasis on supporting the team’s portfolio management and trading efforts, and entails considerable interaction with sell-side counterparties, operations, and technology.

Responsibilities

• Generate new investment ideas through rigorous fundamental analysis in Securitized Credit with a primary focus in ABS/CMBS.
• Work with portfolio management team to help implement investment views in portfolios, including sizing of positions across accounts with varying objectives and constraints
• Conduct security and market surveillance
• Develop and maintain sell-side trading relationships
• Allocate and execute trades
• Work with portfolio managers to monitor risk in portfolios
• Contribute to cross-asset discussion and debate within Securitized products
• Work with technology and strategist teams to increase automation, improve quality of data, and create new tools for use in the Securitized Credit investment process
• Update and maintain reports for weekly strategy meetings

Basic Qualifications

• Strong quantitative and analytical skills, with excellent attention to detail
• Knowledge of and interest in fixed income and Securitized markets
• Highly motivated with the ability to work independently as well as thrive in a fast-paced team environment
• Curiosity, strong critical thinking skills, and passion for problem-solving
• Excellent communication and interpersonal skills
• Proficiency in Microsoft Excel and PowerPoint

Preferred Qualifications

• 2-5 years of investment management or sell-side experience desirable
• CFA study

* Data as of March 31, 2025

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 availableto 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.