The Goldman Sachs Group, Inc

Asset & Wealth Management, Global Credit Specialist, Vice President, New York

The Goldman Sachs Group, Inc$115K — $270K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, STEM, or related field; advanced degree (Master's or CFA) is a plus.
  • 4-7 years of experience in investment research or trading within asset management or financial services, focused on fixed income.
  • Strong understanding of fixed income markets, particularly Global Credit markets.
  • Proficiency in quantitative analysis and financial modeling using tools like Excel, Python, Matlab, or R.
  • Excellent analytical and communication skills, particularly in simplifying complex concepts.

Responsibilities

  • Conduct comprehensive research on US & Global credit markets, analyzing valuations and key market drivers.
  • Create market monitors and investment frameworks for forecasting Global credit markets and identifying tactical opportunities.
  • Utilize data analytics and financial software to assess market conditions and generate investment insights.
  • Focus on global credit markets while supporting analysis of US Treasury and Municipal bond markets.
  • Communicate investment recommendations to internal and external stakeholders.

Benefits

  • Comprehensive health and wellness benefits.
  • Retirement savings plan with competitive company matching.
  • Generous paid time off and holidays.
  • Professional development opportunities and training programs.
Full Job Description
Job Description

The Investment Strategy Group (ISG) within Goldman Sachs Private Wealth Management is responsible for strategic and tactical asset allocation views and providing advice to the firm's high net worth clients and certain institutions. The role of an ISG member requires a broad set of qualities, including a passion for investing, client servicing, as well as strong analytical and communication skills.

The Tactical Asset Allocation team (TAA) within ISG seeks to generate tactical alpha for clients' portfolios by investing across macro asset classes (equities, fixed income, currencies and commodities). In addition to its investment mandate, the TAA team publishes several widely distributed reports and Outlooks each year, and is responsible for disseminating and communicating macro investment views to the firm's clients.

We are seeking a junior Vice President hire who will focus on monitoring market conditions, conducting in-depth research and generating actionable investment insights across US & Global fixed income asset classes, with a specific focus on Global IG & HY Credit, Bank Loans and CDS. The ideal candidate will have a strong background in macroeconomic analysis, quantitative research, and experience in a sell-side or buyside fixed income asset allocation or portfolio strategy role.

Key responsibilities:
  • Conducting comprehensive research on US & Global credit markets, by analyzing market valuations, fundamental market drivers, supply-demand dynamics, geopolitical factors, and macroeconomic indicators, highlighting key findings and investment recommendations for internal and external stakeholders
  • Create market monitors and new investment frameworks to drive our forecasts for Global credit markets and screen for tactical opportunities
  • Utilize data analytics, quantitative models, and financial software tools to assess market conditions and generate predictive investment insights in fixed income
  • The primary focus of the role will be on global credit markets, however the hire will be part of a broader team covering DM fixed income markets, and will also support our analysis of the US Treasury and Municipal bond markets

Key Qualifications:
  • Bachelor's degree in Finance, Economics, STEM or a related field. Advanced degree (Master's or CFA) is a plus.
  • 4-7 years of experience in investment research, trading, or related roles within asset management or financial services with a focus on fixed income
  • Strong understanding of fixed income markets, ideally with expertise in Global Credit markets
  • Proficiency in quantitative analysis and financial modeling using Excel and Python, Matlab, R, or related language
  • Excellent analytical, communication, and presentation skills, especially the ability to explain complex technical concepts in simple terms
  • Passion for markets and investing
  • Ability to work in a fast-paced, collaborative environment
  • Attention to detail, patience, and ability to multi-task under pressure
  • FINRA Series 7 and 63 licenses (must obtain within the first 3 months)


Salary Range
The expected base salary for this New York, New York, United States-based position is $115000-$270000. 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.

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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.

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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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