Vice President, Fixed Income Investment Specialist Blog Post

Allocator Jobs; New York (NY); On-site; USD 115,000 - 270,000; Full time

Job summary

An established industry player seeks a dynamic Vice President, Fixed Income Investment Specialist, to join its Tactical Asset Allocation team. In this pivotal role, you will monitor market conditions, conduct in-depth research, and generate actionable insights across various fixed income asset classes. The ideal candidate will have a strong background in macroeconomic analysis and quantitative research, complemented by excellent communication skills. This position offers a unique opportunity to influence investment strategies for high net worth clients while working in a fast-paced, collaborative environment. If you are passionate about markets and investing, this role is an exciting chance to make a significant impact in a leading financial institution.

Benefits

Discretionary Bonus

Diversity and Inclusion Programs

Training and Development Opportunities

Wellness Offerings

Personal Finance Offerings

Mindfulness Programs

Qualifications

• 5-7 years in investment research or trading, focusing on fixed income.
• Strong understanding of US Muni’s and Global Credit markets.

Responsibilities

• Conduct comprehensive research on US & Global fixed income markets.
• Utilize data analytics and financial software to generate insights.

Skills

Macroeconomic Analysis

Quantitative Research

Fixed Income Markets Expertise

Data Analytics

Financial Modeling

Communication Skills

Attention to Detail

Multi-tasking

Education

Bachelor’s Degree in Finance, Economics, or STEM

Master’s Degree or CFA

Tools

Excel

Python

Matlab

R

Job description

Vice President, Fixed Income Investment Specialist

November 25, 2024

Type of Role: Investments

Experience Level: VP/Principal/Director

Location: New York City, New York

Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management as well as wealth management and investment management via Goldman Sachs Personal Financial Management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and tailor-made financial products. It also owns Goldman Sachs Bank USA, a direct bank. It trades both on behalf of its clients (flow trading) and for its own account (proprietary trading). The company invests in and arranges financing for startups, and in many cases gets additional business as bookrunner when the companies launch initial public offerings.

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach.

The Investment Strategy Group (ISG) within Goldman Sachs Private Wealth Management is responsible for strategic and tactical asset allocation views and providing advice to the firm’s high net worth clients and certain institutions. The role of an ISG member requires a broad set of qualities, including a passion for investing, client servicing, as well as strong analytical and communication skills.

The Tactical Asset Allocation team (TAA) within ISG seeks to generate tactical alpha for clients’ portfolios by investing across macro asset classes (equities, fixed income, currencies and commodities). In addition to its investment mandate, the TAA team publishes several widely distributed reports and Outlooks each year, and is responsible for disseminating and communicating macro investment views to the firm’s clients.

We are seeking a junior Vice President hire who will focus on monitoring market conditions, conducting in-depth research and generating actionable investment insights across US & Global fixed income asset classes, with a specific focus on US Muni’s, Global IG & HY Credit, Bank Loans and CDS. The ideal candidate will have a strong background in macroeconomic analysis, quantitative research, and experience in a sell-side or buyside fixed income asset allocation or portfolio strategy role.

Key responsibilities:

• Conducting comprehensive research on US & Global fixed income markets by analyzing price trends, fundamental market drivers, supply-demand dynamics, geopolitical factors, and macroeconomic indicators.
• Produce detailed research highlighting key findings and recommendations for internal and external stakeholders.
• Stay up-to-date on relevant market news, regulatory changes, and innovations in US & Global fixed income to inform our tactical views.
• Utilize data analytics, quantitative models, and financial software tools to assess market conditions and generate predictive investment insights in fixed income.

Key Qualifications:

• Bachelor’s degree in Finance, Economics, STEM or a related field. Advanced degree (Master’s or CFA) is a plus.
• 5-7 years of experience in investment research, trading, or related roles within asset management or financial services with a focus on fixed income.
• Strong understanding of fixed income markets, ideally with expertise in US Muni’s and Global Credit markets.
• Proficiency in quantitative analysis and financial modeling using Excel and Python, Matlab, R, or related language.
• Excellent analytical, communication, and presentation skills, especially the ability to explain complex technical concepts in simple terms.
• Passion for markets and investing.
• Ability to work in a fast-paced, collaborative environment.
• Attention to detail, patience, and ability to multi-task under pressure.
• FINRA Series 7 and 63 licenses (must obtain within the first 3 months).

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.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

Salary Range:
The expected base salary for this New York, New York, United States-based position is $115000-$270000. 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.