CIMD, PWM, Investment Strategies Group – Portfolio Management Group, Analyst

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Goldman Sachs USA
  • 20 Mar 19

CIMD, PWM, Investment Strategies Group – Portfolio Management Group, Analyst

MORE ABOUT THIS JOB CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)
The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

PWM
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. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond

RESPONSIBILITIES AND QUALIFICATIONS JOB SUMMARY & RESPONSIBILITIES

YOUR IMPACT
Do you have passion for the financial markets, the desire to work closely with clients, and the ability to think outside the box? We are seeking an Analyst who can provide support in managing multiple asset class discretionary mandates. WE ARE SEEKING A 2017 or 2018 GRADUATE FOR THIS ROLE.

OUR IMPACT
Consumer and Investment Management (CIMD)
The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

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. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

The Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi-asset class discretionary mandates primarily for institutional clients. This team brings together the independent investment advice of the Investment Strategy Group (ISG), a rigorous investment process and a broad range of implementation options, enabling them to construct risk-focused portfolios designed especially for each client's unique considerations.

PMG is seeking an Analyst who can provide portfolio/relationship management support to Private Wealth Management (PWM) teams by focusing on client service, serving as a key liaison to Private Wealth and Institutional Advisors, and assisting in managing the investment process. The individual will be a main point of contact for PWM teams with respect to supporting new business solicitations, liaising with legal in supporting the negotiation of investment management agreements, and managing general on-going client portfolio needs. Portfolio management responsibilities will include rebalancing and trading support, creation/management of marketing materials, on-going / ad hoc reporting and investment analysis requests, and other client support functions.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Work closely with Institutional Advisors to support and implement multi-asset class strategies for clients
  • Assist on projects related to new business development, including creation and maintenance of marketing materials
  • Portfolio monitoring and rebalancing to predefined risk and construction parameters
  • Assist in managing portfolio implementation plans, on-boarding discussions, and changes to investment management agreements
  • Manage generation of client performance reports including quarterly reviews, and performance attribution
  • Research and report on internal and external investment vehicles on a regular basis across equities, fixed income, and alternative investment strategies
  • Keep abreast of the latest events in financial markets
  • Relay GS research and market views to Institutional Advisors
  • Work in conjunction with various product groups within the Consumer and Investment Management Division to respond to client needs
  • Serve as a key liaison to other areas supporting the PMG business including Legal, Compliance, and Technology
  • Assist with trading and provide client service and team support

WHERE WILL YOU MAKE AN IMPACT
The US Portfolio Management Group business covers clients located throughout the United States.

QUALIFICATIONS

SKILLS & EXPERIENCE WE'RE LOOKING FOR
  • Minimum Bachelor's degree (U.S. or equivalent)
  • Strong verbal and written communication skills
  • Strong interpersonal/leadership skills and a passion to engage with clients and advisors
  • Ability to work in a fast-paced environment and think clearly under pressure
  • Attention to detail, patience, and demonstrated ability to multi-task and prioritize under pressure
  • Strong interest in the financial markets and good investment sense/commercial instinct
  • Collaborative and team-oriented
  • Ability to work with numerous colleagues and desks across the Firm
  • Series 7 and 63 required (must be obtained within three months of employment)


ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.