Asset & Wealth Management, Personalized Portfolios Investment Product Manager, Vice President -[...]

The Goldman Sachs Group; Chicago (IL); On-site; USD 100,000 - 230,000; Full time

Job summary

An established industry player is seeking a highly analytical individual to join their Retirement Planning and Advice Investment Product Team. This role involves leading the development of innovative retirement investment solutions that cater to individual investors. You will collaborate with a diverse group of professionals, utilizing advanced quantitative skills and project management expertise to enhance investment methodologies. If you are passionate about retirement planning and eager to make a significant impact in a dynamic environment, this opportunity is ideal for you.

Benefits

Comprehensive Health Benefits

401(k) Plan

Paid Time Off

Employee Discounts

Wellness Programs

Qualifications

• 5+ years of experience in Defined Contribution or Retirement Planning.
• Strong writing and presentation skills required.
• Experience as a product manager or client portfolio manager is a plus.

Responsibilities

• Lead investment feature and methodology enhancements.
• Develop client-facing investment product documents.
• Manage project timelines with engineering teams.

Skills

Defined Contribution Knowledge

Retirement Planning

Quantitative Proficiency

Advanced Excel Skills

Presentation Skills

Project Management

Education

Bachelor's Degree

Tools

PowerPoint

Job description

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 $3.14 trillion in assets under supervision globally1, 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 the 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 Goldman Sachs Asset Management. It designs and develops comprehensive investment management solutions customized to meet client objectives and constraints. These solutions utilize proprietary research and multi-asset analytics. 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.

The successful candidate would become a member of the Retirement Planning and Advice Investment Product Team within MAS that develops personalized retirement glidepaths, portfolios and retirement income plans for individual investors based on the capabilities brought to the firm in the 2022 acquisition of NextCapital. This person will have a leadership role in the developing new investment capabilities and features and overseeing our investment methodology for Retirement Planning and Advice. Additionally, the individual will also represent investment methodology and features with clients and prospects as well as consultants and advisors.

The role is highly analytical, focusing on the execution and implementation of new retirement investing features and methodology enhancements, spanning the early development phase through governance approvals and final implementation. The candidate will work closely with a number of teams including quantitative researchers, engineering, product, UX, participant engagement and project management teams. The ideal candidate is someone who has familiarity with defined contribution plans, and personalized retirement planning and investing solutions with prior responsibility in either or both a product management and/or client portfolio manager-type role.

Core responsibilities include:

• Leadership role in determining and managing investment feature and investment methodology enhancements


• Represent investment team as part of broader discussions with clients, prospects, consultants, advisors and other external parties regarding Retirement Planning and Advice services


• Ownership of feature and methodology design, including approval and governance materials and processes


• Development of client and participant-facing methodology and investment product documents


• Project and roadmap management, in coordination with the project management and engineering teams


• Ability to review large amounts of data and develop observations and time series trends


• Ad hoc requests to review investment fund exposures and portfolios


• Review recurring investment deliverables to clients and prospects

Other required skills/experience:

• Bachelor's degree or equivalent


• At least 5 years of relevant experience in Defined Contribution, Retirement or Digital Financial Planning


• Strong writing and presentation skills


• Excellent investment acumen and advanced quantitative proficiency


• Mastery of advanced Excel (including to create bespoke analytics) and PowerPoint capabilities


• Experience with multi-asset portfolio construction


• Experience working with multiple clients/projects simultaneously


• Experience presenting to internal and external Investment Committees a plus


• Experience as a product manager and/or client portfolio manager in related field a plus


• Experience working with IRAs and/or alternative investments 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 Chicago, Illinois, United States-based position is $100000-$230000. 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.