The Goldman Sachs Group, Inc

Asset & Wealth Management, Fixed Income, Agency MBS Portfolio Management, Vice President , New York

The Goldman Sachs Group, Inc$125K — $290K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 5+ years of experience in Agency MBS
  • Proven track record of making significant investment decisions
  • Leadership experience in an investment or trading environment
  • Strong communication and interpersonal skills
  • Excellent quantitative and analytical abilities
  • High motivation and ability to thrive in a fast-paced team

Responsibilities

  • Generate new investment ideas through rigorous analysis
  • Collaborate with team to implement the Agency MBS investment process
  • Coordinate trading activity for Agency MBS products
  • Manage projects to enhance automation and data quality
  • Communicate market outlooks and investment decisions to clients

Benefits

  • Opportunities for professional development
  • Supportive team environment
  • Access to cutting-edge trading tools
  • Engagement with a prestige investment platform
  • Potential for career growth within the organization
Full Job Description
Job Description

Role Overview

The Securitized investment team is seeking a portfolio manager with experience managing assets in Agency Mortgages. The team manages over $102 billion* in Securitized assets across the global fixed income platform, with over $40 billion* in Agency MBS assets. The successful candidate will bring a deep background in Agency MBS. Experience analyzing, trading and taking risk in Agency MBS is a pre-requisite. Experience across Pass-throughs, CMOs and Agency MBS derivatives would be best. We are seeking a candidate who can communicate a robust investment process and will be prepared to develop and tailor that process to the specific needs of GSAM's clients. The candidate should evidence the ability to excel in a team environment. We are seeking a portfolio manager with strong leadership and communication skills who can take a significant role driving investment decision-making and implementation.

Responsibilities
  • Generate new investment ideas through rigorous fundamental analysis across TBAs, specified pools, CMOs, and MBS derivatives
  • Work with portfolio managers and the cross-sector team to implement the Agency MBS investment process through regular research meetings, focusing on both top-down and bottom-up approaches
  • Coordinate trading activity across all Agency MBS products and account types, ensuring all relevant mandates abide by appropriate risk limits and investment guidelines
  • Manage projects with the technology and strategy teams to increase automation, improve quality of data, and create new trading tools
  • Work with lead portfolio managers in developing and communicating market outlooks, recent investment decisions, and new products to current or prospective clients

Qualifications
  • Bachelor's degree
  • 5+ years of experience in Agency MBS, either on the sell-side or buy-side
  • Significant experience as a risk taker having ownership for material investment decisions in the sector
  • Leadership experience as part of an investment or trading team
  • Excellent communication and interpersonal skills
  • Strong quantitative and analytical skills, with excellent attention to detail
  • Highly degree of motivation, with the ability to work independently as well as thrive within a fast-paced team environment
  • Curiosity, strong critical thinking skills, and passion for problem-solving
  • Significant experience with Microsoft Excel and PowerPoint


Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$290000. 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.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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