Asset & Wealth Management, Multi-Asset Solutions: Quantitative Research, Vice President - New York

Goldman Sachs; New York (NY); On-site; USD 130,000 - 290,000; Full time

Job summary

Goldman Sachs’ Asset & Wealth Management division seeks a Vice President in New York for the Multi-Asset Solutions quantitative research team. The role blends investment judgment, quantitative modeling, and programming to develop portfolio construction and asset allocation tools for institutional clients.

Team members work with PMs, strategists, risk managers, and technologists to evaluate trade-offs and implement solutions.

Qualifications

• 4+ years of relevant experience in quantitative finance, investment research, asset allocation, portfolio construction, risk modeling or systematic investing.
• Strong mathematical and analytical skills.
• Desire and ability to create innovative solutions to commercial challenges.
• Programming expertise, ability to transform concepts and ideas into scalable and robust software
• Excellent communication & interpersonal skills
• Intellectual curiosity, self-motivation, and commitment to excellence

Responsibilities

• Develop quantitative methods for asset allocation and tail risk management.
• Collaborate with portfolio managers, strategists, risk managers, technologists, and senior leaders.
• Design and implement portfolio construction and asset allocation models for institutional clients.
• Communicate complex financial concepts clearly to stakeholders.

Skills

Quantitative finance

Analytical skills

Programming

Communication skills

Self-motivation

Creative problem solving

Job description

Asset & Wealth Management, Multi-Asset Solutions: Quantitative Research, Vice President - New York

New York, NY, United States

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 a 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

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within Asset & Wealth Management (AWM) at Goldman Sachs. It designs and develops comprehensive investment management solutions customized to meet the investment objectives for clients. These solutions bring together state-of-the-art techniques for multi-asset portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS has invested or advised on multi-asset class mandates for some of the world’s leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, family offices, RIAs and other wealth advisors

Role Overview

The successful candidate would become a member of the research team within MAS. The role combines investment judgment, quantitative modeling, programming, and communication to develop portfolio construction and asset allocation models for institutional clients. Projects span equities, fixed income, credit, currencies and alternatives, and may involve capital market assumptions, portfolio construction, risk analytics, macro scenario analysis, and implementation design. MAS Strat Researchers collaborate with portfolio managers, strategists, risk managers, technologists and senior leaders to develop research, evaluate portfolio trade-offs and support client asset allocation decisions. This role is highly analytical and detail oriented.

Core Responsibilities

The Strat Researcher will assume responsibility for development of quantitative methods in our asset allocation and tail risk management processes. Team members are given ample opportunity to devise creative solutions driven by novel analytical methods that drive our investment process forward. Areas of focus for the position are quantitative methods in portfolio construction, tail risk management and hedging. Emphasis is placed on integrating fundamental considerations with quantitative methods. To navigate the daily interactions with other MAS team members, clear and concise communication of the financial, business, and mathematical concepts under consideration is essential.

Basic Qualifications

• 4+ years of relevant experience in quantitative finance, investment research, asset allocation, portfolio construction, risk modeling or systematic investing.
• Strong mathematical and analytical skills.
• Desire and ability to create innovative solutions to commercial challenges.

Programming expertise, ability to transform concepts and ideas into scalable and robust software

Excellent communication & interpersonal skills

Intellectual curiosity, self-motivation, and commitment to excellence

Salary Range
The expected base salary for this New York, NY, United States-based position is $130000-$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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Job Info

• Job Category Vice President
• Locations New York, NY, United States

Healthcare & Medical Services

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

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

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).

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

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