Asset & Wealth Management, Multi Asset Solutions, Lead Portfolio Management Associate - New York

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

Job summary

An established industry player is seeking a highly analytical individual to join their Lead Portfolio Management Team. This pivotal role focuses on developing and implementing bespoke strategic asset allocations for corporate pension and insurance clients. You will engage in portfolio construction optimization and communicate results to stakeholders, ensuring alignment with investment objectives. This position offers the opportunity to work in a fast-paced environment, leveraging your quantitative skills while contributing to innovative investment solutions. Join a team that values diversity and fosters professional growth in a collaborative atmosphere.

Benefits

Comprehensive benefits package

Wellness programs

Professional development opportunities

Flexible working hours

Qualifications

• 4+ years of relevant experience in investment, insurance, or pension.
• Strong understanding of portfolio investment metrics.
• Experience presenting to stakeholders.

Responsibilities

• Support design and management of multi-asset portfolios.
• Conduct strategic asset allocation analysis.
• Optimize portfolio construction and review investment vehicles.

Skills

Quantitative Analysis

Portfolio Management

Communication Skills

Problem-Solving

Attention to Detail

Education

Bachelor's in Mathematics

Bachelor's in Economics

Bachelor's in Finance

Tools

Excel

PowerPoint

Job description

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within the Asset Management Division at Goldman Sachs. It designs and develops comprehensive investment management solutions customized to meet the investment objectives and relevant constraints of clients. These solutions bring together state-of-the-art techniques for multi-asset and liability-hedging portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS invests or advises on assets for some of the world's leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices.

Responsibilities:
The successful candidate would become a member of the Lead Portfolio Management (LPM) Team within Multi-Asset Solutions (MAS), predominantly working with North American corporate pension and insurance clients. The candidate would be responsible for supporting the design, management, and communication of multi-asset class whole-of-wallet portfolios.

The role is highly analytical, focusing on developing and implementing bespoke strategic asset allocations, and also requires reviewing and communicating results to internal stakeholders and external clients.

Core responsibilities include:
* Strategic asset allocation analysis
* Portfolio construction optimization
* Custom liability-hedging portfolio and asset-liability matching analysis
* Investment manager / vehicle review in coordination with dedicated manager research team
* Ad hoc client investment requests
* Support content development involving client and prospect presentation books, Investment Committee reviews, requests for proposals, and other investment-related analyses

Other required skills/experience:
* Bachelor's degree or equivalent in Mathematics, Economics, Finance, or related quantitative field
* 4+ years of relevant (investment, insurance, or pension) experience
* Experience multi-tasking across internal and external projects in a fast-paced environment
* Detail-oriented and meticulous, with strong quantitative and analytical skills
* Intelligent, creative, with good problem-solving abilities
* Strong understanding of portfolio investment metrics and characteristics (including that of multi-asset and liability-hedging portfolios)
* A self-starter able to work independently and thrive in a team environment
* Experience presenting to internal and external stakeholders, with excellent verbal and written communication skills
* Expert in Excel and PowerPoint, including creating and reviewing bespoke data analysis and presentations
* Actuarial designation a plus
* CFA designation or candidacy a plus

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 $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.