Asset & Wealth Management, Multi-Asset Solutions: Strategic & 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 (MAS) seeks a Strat Researcher to join the MAS research team. The role combines investment judgment, quantitative modeling, and programming to develop portfolio construction and asset allocation models for institutional clients.

Projects span equities, fixed income, credit, currencies and alternatives, with risk analytics, and may involve capital market assumptions and implementation design.

Qualifications

• Master's degree or PhD in quantitative discipline.
• 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.
• Devise creative solutions driven by novel analytical methods to advance the investment process.
• Focus on quantitative methods in portfolio construction, tail risk management and hedging.
• Integrate fundamental considerations with quantitative methods.
• Communicate financial, business and mathematical concepts clearly with MAS team members.

Skills

Quantitative finance

Programming

Mathematical skills

Analytical skills

Communication skills

Self-motivation

Education

Advanced degree

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

• Master's degree or PhD in quantitative discipline.
• 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 available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.