Prime Services Associate: Hedge Fund Client Coverage

Goldman Sachs; New York (NY); On-site; USD 150,000 - 225,000; Full time

Job summary

Goldman Sachs is seeking an Associate in New York to manage hedge fund and institutional client relationships, gaining exposure to front‑office activity and a range of securities financing, derivatives, and clearing solutions.

The role emphasizes client delivery, cross‑functional coordination, and progression toward senior coverage roles within a leading global platform. A bachelor’s degree and regulatory licenses may be required.

Qualifications

• Bachelor's Degree required.
• 1–3 years of relevant experience in financial services, operations, or capital markets.
• Strong analytical and problem‑solving skills.
• Effective communication and interpersonal abilities.
• Ability to manage multiple priorities under tight deadlines.
• Series 7, 63, SIE required within 90 days of hire.

Responsibilities

• Support day-to-day management of hedge fund and institutional client relationships.
• Respond to client inquiries and ensure timely resolution of issues.
• Prepare materials for client meetings and assist with follow-ups.
• Monitor client portfolios, including leverage, margin, and financing exposures.
• Identify and elevate potential risks or discrepancies.
• Support delivery of insights to improve client transparency and decision-making.
• Develop working knowledge of securities financing, derivatives, and clearing solutions.
• Assist in identifying opportunities to expand client engagement across products.
• Support onboarding and adoption of internal reporting and trading platforms.
• Partner with trading, legal, compliance, and operations teams to deliver client solutions.
• Support onboarding and ensure smooth execution of new account setups.
• Assist with time-sensitive requests in a fast-paced environment.

Skills

Analytical skills

Problem-solving

Communication

Multitasking

Education

Bachelor's Degree

Job description

Goldman Sachs is seeking an Associate in New York to manage hedge fund and institutional client relationships, gaining exposure to front‑office activity and a range of securities financing, derivatives, and clearing solutions.

The role emphasizes client delivery, cross‑functional coordination, and progression toward senior coverage roles within a leading global platform. A bachelor’s degree and regulatory licenses may be required.