Job Description
WHO WE ARE
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong and other major financial centres around the world.
Asset Management Division
Asset Management Division (AMD) provides investment management services and offers investment products across all major asset classes to a diverse set of institutional and individual clients. AMD also offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services to high-net-worth individuals and families.
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.
GSAM Fixed Income
GSAM is a global leader among Fixed Income Managers and have been managing Fixed Income assets for more than 2 decades. Our investment philosophy and process are built around one core concept: empower experts in each sector of the market to deliver value. Our model is formulated on the belief that sector specialist teams have a vested interest in success. Each team operates independently, identifying the best trade ideas and implementing them directly into client portfolios. Portfolios are driven by diverse sources of alpha, including both top-down and bottom-up analysis. Risk management is integral to our process.
Summary of Responsibilities
We are seeking a London-based economist at Analyst or Associate level for our Macro team. Key responsibilities will likely include:
- Providing macro coverage of smaller developed economies, with a view to supporting the Rates and FX investment processes
- Form views on the likely path of growth, inflation and policy in those countries, and over time contribute to the investment idea-generation process
- Help build statistical models and tools to aid the research process and investment decisions
- Assist other economists and the portfolio managers with ad hoc analytical and data work
- Develop and deliver presentations to internal stakeholders, and help with creation and maintenance of client-facing content
Preferred Qualifications & Skillset
- Master’s degree in Economics/Mathematics/Statistics/Finance preferred
- Likely will have 2 to 5 years of prior work experience related to macroeconomic research
- Strong quantitative skills & fluency in applied statistics and econometrics - time series & cross sectional
- Experience with statistical software such as EViews, Macrobond, Haver; Python or other programming language is a plus
- Strong knowledge of macro and financial data, understanding of institutional and policy-setting frameworks
- Deep curiosity, and a passion for the intersection between macroeconomics and markets
- Self-motivated individual with the ability to work independently, and also interact with other economists and portfolio managers
- Strong communication skills – spoken, written & presentation in English
- Excellent understanding of Microsoft Office products, tools and utilities for business use
- Demonstrated proficiency in multi-tasking, problem solving, and deadline management
