Asset & Wealth Management, Fixed Income Alternatives & Securitized Client Portfolio Management, Associate in New York, NY at honor foundations

Date Posted: 10/29/2024

Job Snapshot

Job Description

Asset & Wealth Management

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 $2 trillion in assets under supervision, 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 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.

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. We are:

  • Investors, spanning traditional and alternative markets offering products and services

  • Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios

  • Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions

  • Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

    The Fixed Income team manages over $800 billion for institutions, high net worth individuals and mutual fund investors. Our global investment process is coordinated across geographic regions with representation in New York, London, Tokyo, Singapore, Sydney and China. Diversity is at the core of our ability to serve our clients and we make an unusual effort to identify and recruit the best person for every job.

    Goldman Sachs Asset Management’s Public Fixed Income Alternatives and Securitized Portfolio Management team is an industry leader in the management of the investment portfolios of Central Banks, Sovereign Wealth Funds, Financial Institutions, Insurance companies and Corporates. The team has portfolio managers and investors based in New York, London, The Hague and Japan.  Our goal is to provide customized fixed income alternative and securitized investment solutions, spanning the global macro & fixed income markets, residential mortgage, asset backed, collateralized loan obligation, and commercial mortgage market, to meet each client’s individual investment objectives.  In addition, the portfolio management teams collaborate with clients on topics including asset allocation, risk budgeting, and portfolio optimization. Globally focused, our team manages assets for clients across North America, Europe, Africa, Asia and the Middle East.

    Responsibilities

    • Maintain and expand existing client relationships through communication of relevant market / portfolio information and opportunities by leading periodic portfolio reviews
    • Drive new business initiatives, liaising with product development and sales, completion of request-for-proposal documentation in addition to providing broad support to Sales and Client Relationship Management teams
    • Develop and maintain framework for portfolio construction to manage complex client portfolios, aligning with active investment views and consistent with client objectives
    • Coordinate and direct trading activity relating to cash or in-kind contributions or withdrawals
    • Facilitate implementation of portfolio trades in restrictive portfolios 

    Qualifications

    • 4+ years of work experience in fixed income asset management or related field. Specific securitized experience is a plus
    • Highly organized with exceptional attention to detail and excellent follow-through 
    • Knowledge and appreciation for processes around operational nuances as well as portfolio management metrics
    • Positive attitude and strong work ethic
    • Strong interpersonal skills: Ability to build trust and confidence of colleagues, strengthen relationships through ongoing dialog and interactions, and collaborate well with others
    • Strong written and oral communication skills 
    • Ability to work well in a fast-paced team environment 
    • Strong skills in MS Office (Excel, PowerPoint and Word) 
    • Strong quantitative skills

    Salary Range 

    The expected base salary for this New York, New York, United States-based position is $100000-$170000. 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.