Asset & Wealth Management, XIG, Platform Management & Manager Onboarding, Associate in West Palm Beach, FL at honor foundations

Date Posted: 8/30/2024

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.

XIG Platform Management team broadly is responsible for portfolio implementation and trading, liquidity management, executing equity and currency hedging programs, portfolio construction and monitoring, external manager on-boarding, product development and launch, private market deal closings, overseeing the business control framework as well as a number of important strategic initiatives. The team works in concert with the investment and teams within XIG, and with functional teams across the AWM division including Central Trading, Fund Accounting, Operations, Technology, Legal, and Compliance. Within Hedge Fund Platform Management, specific teams focus on discrete fund management activities such as external manager onboarding performance reporting, and portfolio implementation and trading.

RESPONSIBILITIES 

  • Lead certain elements of the hedge fund Manager Onboarding function which is responsible for XIG business operations involving and impacting XIG partnerships with external investment managers.  This includes management of XIG products and platforms, and maintaining constructive relationships with external hedge fund managers and stakeholders. 
  • In-depth partnership with senior members of XIG investment and client teams, alternative capital markets sales teams, internal platform operations teams and external investment managers to evaluate, design, and implement access to deal opportunities with focus on profitability, efficiency, and scale
  • Engagement with external hedge fund COOs, CFOs, and GCs requiring a deep understanding of the manager strategies, operations and market dynamics as well as XIG and Goldman Sachs Asset Management capabilities, needs and contractual obligations
  • Project management and oversight of external hedge fund onboarding activities for XIG products and platforms
  • Contractual negotiations with external investment managers, including negotiation of investment advisor agreements, distribution agreements, and side letters, as required 
  • Active engagement with external investment managers on regulation impacting XIG platforms and products. Successful engagement requires a strong understanding of the asset management regulatory landscape and impact to investment strategies.
  • Leadership responsibilities including supervision of junior team members and providing ongoing performance feedback,  leading formal training and career development programs, and providing recommendations on team structure and time allocations, hiring, and career development decisions
  • Active involvement in XIG-wide projects, strategic initiatives, and ongoing platform innovation

BASIC QUALIFICATIONS

  • 2-4 years of relevant industry experience; preferably in asset management, alternative investments, or prime brokerage
  • Solid understanding of alternative investment structures, strategies, and instruments
  • Strong management, communication, analytical, presentation and interpersonal skills.
  • Enthusiastic, self-starter with demonstrated orientation toward managing sensitive and business critical initiatives and negotiations. 
  • Proven project planning and time management skills. The candidate should able to manage multiple tasks in a fast-paced team-oriented environment.
  • Strong organizational skills to oversee production of a high volume of quality work within tight timeframes.
  • High level of proficiency with MS Excel, PowerPoint and Word. Experience in technology projects is a plus.
  • Detail-oriented. 
', 'CorporateDescriptionStr' : '', 'OrganizationDescriptionStr' : '', 'ShortDescriptionStr' : 'Asset & Wealth Management ', 'ContentLocale' : 'en', '