Asset & Wealth Management, Multi Asset Solutions (MAS), Lead Portfolio Management (Insurance) -[...]

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 125,000 - 290,000; Full time

Job summary

Join a forward-thinking firm that specializes in multi-asset investment solutions, where you'll engage with global insurance clients to design and manage bespoke portfolios. This role emphasizes analytical skills and client communication, allowing you to lead strategic asset allocations and oversee implementation issues. Collaborate with talented colleagues and contribute to a culture that values integrity and transparency while making a significant impact on clients' investment strategies. If you have a strong quantitative background and a passion for problem-solving, this opportunity is perfect for you.

Benefits

Competitive Benefits

Discretionary Bonus

Wellness Offerings

Qualifications

• 6+ years of experience in portfolio management and fixed income investing.
• Expertise in constructing insurance portfolios and asset management.

Responsibilities

• Lead design and management of multi-asset class portfolios for global insurance clients.
• Advise clients on strategic asset allocation and investment manager selection.

Skills

Portfolio Management

Fixed Income Investing

Client Communication

Quantitative Analysis

Asset Allocation

Risk Management

Problem Solving

Education

Bachelor's Degree in Mathematics

Bachelor's Degree in Economics

Bachelor's Degree in Finance

Tools

Excel

PowerPoint

Job description

Asset & Wealth Management

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 $2 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. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

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 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.

Role:

Responsibilities:

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

This role is client-facing and highly analytical, focusing on developing, investing, managing and communicating bespoke strategic asset allocations for clients.

Core responsibilities include:

• Advise clients and oversee implementation of strategic and implementation issues, such as asset allocation, investment manager / vehicle selection and oversight, risk / performance management and evaluation, and research on investment management strategies


• Lead day-to-day portfolio management for insurers, including strategic asset allocation analysis, portfolio construction optimization, and custom liability-hedging & asset-liability matching analysis


• In coordination with dedicated client relationship coverage, assist in client management including presenting results and Investment Committee reviews, addressing client investment needs, proposing new strategies aimed at enhancing portfolio characteristics


• Support content development including client and prospect presentation books (including Investment Committee reviews), request for proposals, and other investment-related analyses


• Support investment and infrastructure development including asset allocation, portfolio monitoring and evaluation and asset class research

Other required skills/experience:

• Bachelor's degree or equivalent in Mathematics, Economics, Finance, or related quantitative field


• 6+ years of relevant experience (e.g., portfolio management, fixed income investing or insurance)


• Experience in either constructing insurance portfolios or insurance asset or liability management


• Experience leading client discussions, with excellent verbal and written communication skills


• Experience leading and 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 fixed income and liability-hedging portfolios)


• Expert in Excel and PowerPoint, including creating and providing detailed review of bespoke data analysis and presentations


• Actuarial designation a plus


• CFA designation a plus

Salary Range

The expected base salary for this New York, New York, United States-based position is $125000-$290000. 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.