Asset & Wealth Management, Quantitative Equity Solutions – Long/Short Portfolio Management, Vic[...]

Goldman Sachs Group, Inc.; New York (NY); On-site; USD 250,000 - 400,000; Full time

Job summary

Goldman Sachs Asset Management is seeking a Vice President for the Quantitative Equity Solutions team to lead long/short equity research and portfolio implementation. This role emphasizes developing scalable investment strategies and collaborating with client portfolios managers, engineers, and product teams.

You will contribute to the design of equity-based investment strategies and digital tools, while ensuring adherence to regulatory and internal guidelines in a fast-paced environment.

Qualifications

• 5+ years of equity portfolio management experience, preferably long/short.
• STEM degree in mathematics, CS, financial engineering, or related field.
• Programming experience focused on portfolio implementation (Python, MATLAB, R).
• Strong attention to detail and teamwork.
• Excellent communication skills.

Responsibilities

• Manage long/short portfolios daily, monitoring risk exposures and leverage while ensuring adherence to mandates and guidelines.
• Oversee the trade lifecycle for long and short positions, coordinating with middle office, operations, and prime brokers.
• Collaborate with technologists, strategists, and researchers to enhance portfolio construction, risk monitoring and implementation tools.
• Launch new and innovative mandates in existing or new investment vehicles.
• Contribute to thought leadership, highlighting strategy effectiveness across client contexts.
• Consider tax-awareness in research and portfolio implementation, including US tax regulations.
• Ensure compliance with internal and external rules and regulations.

Skills

Equity portfolio management

Communication skills

Quantitative analysis

Problem solving

Education

Bachelor's/Master's in STEM or financial engineering

Tools

Python

MATLAB

R

Job description

Job Summary & Responsibilities

Goldman Sachs Asset Management's Quantitative Equity Solutions team is a fast-growing group which oversees more than $300BN across over 60,000 customized equity portfolios, Exchange Funds, Mutual Funds and ETFs. The Quantitative Equity Solutions group delivers investment solutions to Ultra High Net Worth, Institutional and Retail clients in order to address investor needs and goals including: tax management, risk management, value alignment, yield enhancement, customization and beyond.

As a focal point for one of the divisions key priority initiatives, the team operates in an entrepreneurial environment but with the resources of a large organization. A core focus for the team is managing cutting-edge investment strategies and innovating new investment capabilities that can transform the asset management industry. We design and employ highly-scalable portfolio management systems to create equity-based investment strategies to meet client investors needs. Current investment solutions range from tax managed offerings, long/short strategies, single stock diversification, income based strategies, factor based investing, values alignment and environmentally oriented portfolios - with more strategies under development.

The Portfolio Management team is responsible for research, portfolio construction and portfolio implementation of the investment strategies managed by the Quantitative Equity Solutions team. Responsibilities include research into investment strategy development, process enhancements and strategy improvements, as well as portfolio construction and portfolio implementation. Portfolio managers works closely with client portfolios managers, engineers, operations, controllers, compliance, and product managers. Responsibilities also include collaborating on new investment strategies and digital tools we are developing. Our team is energized by leveraging technology to create scale and customization across our entire business and deliver an excellent client experience with industry leading investment solutions and performance. Our team operates in a fast-paced environment that welcomes individuals who have a background and demonstrated interest in portfolio management, investment research and client collaboration.

The Vice President (Long/Short PM) role within the Portfolio Management team will specifically focus on long/short equity research and portfolio implementation.

Responsibilities

• Manage long/short portfolios daily, monitoring risk exposures, margin utilization, leverage, and short locates while ensuring adherence to each account's mandate and investment guidelines
• Oversee the trade lifecycle for long and short positions (e.g. corporate actions, booking, collateral flows, etc.) partnering with middle office, operations, and prime brokers
• Work with technologists, strategists, and researchers to enhance portfolio construction, risk monitoring, performance attribution, and implementation tools (OMS, Dashboards, etc.) for long/short portfolios
• Help launch new and innovative mandates in existing or new investment vehicles
• Contribute to thought leadership, highlighting our strategies' effectiveness across different client contexts
• Consider tax-awareness throughout research and portfolio implementation including awareness of US tax regulations relevant to long/short equity investing
• Ensure compliance with all internal and external rules and regulations

Qualifications

• 5+ years of equity portfolio management experience, preferably with long/short portfolios and quantitative investment strategies
• Undergraduate and/or graduate degree in mathematics, computer science, financial engineering, or other STEM-related background
• Computer programming experience with a focus on portfolio implementation (e.g., Python, MATLAB, R, etc.)
• Creative, diverse problem-solving skills, solid economic intuition, and good commercial instinct
• Exceptional attention to detail, careful/thorough, well organized, effective time management
• Thrive in a team-oriented and collaborative environment and brings a great attitude to work
• Quantitative equity research experience is a plus
• Excellent communication skills