The Goldman Sachs Group, Inc

Asset & Wealth Management, Liquidity Solutions, Portfolio Management Associate - New York

The Goldman Sachs Group, Inc$100K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-4 years of experience in fixed income trading or similar roles
  • Understanding of dynamics and strategies in short-term debt markets
  • Ability to thrive in a fast-paced, transaction-oriented environment
  • Strong numerical and analytical skills with keen attention to detail
  • Creative strategic thinking capabilities
  • Proven interpersonal skills for building professional relationships

Responsibilities

  • Generate and execute trades across various investment vehicles
  • Build and monitor portfolio risk and manage cash flows
  • Develop and maintain relationships with sell-side counterparties
  • Oversee management of municipal money market portfolios
  • Collaborate with technology and strategy teams to enhance automation
  • Communicate with operations daily to resolve trading issues

Benefits

  • Comprehensive employee wellness offerings
  • Valuable and competitive benefits package
  • Strong overall employee experience focused on well-being
  • Eligibility for discretionary bonuses for active employees
Full Job Description
Job Description

Liquidity Solutions, within Asset & Wealth Management, is seeking an associate to join the portfolio management team. The individual will become an integral part of the trading desk, interacting closely with the portfolio managers, sales, trading counterparties, operations, controllers and technology.

Principal Responsibilities:
• Trade generation and execution across Prime & Municipal Money Market Funds, Separately Managed Accounts and Short Duration Vehicles.
• Build and monitor risk in portfolios, including management of cash flows
• Establish and maintain relationships with sell-side counterparties to facilitate trading in Commercial Paper, CDs, Time Deposits, Repo as well as Investment Grade Credit.
• Drive the management of our municipal money market portfolios.
• Work with technology and strat teams to increase automation, improve quality of data, and create new trading tools
• Liaise with operations on a daily basis to resolve any trading issues

Basic Qualifications:
• Two to four years of relevant fixed income experience in trading or similar role
• Knowledge of short-term debt markets dynamics and trading strategies
• Ability to multitask in order to excel in a fast-paced, transaction-oriented environment
• Numerical and analytical with excellent attention to detail
• Creative and strategic thinker
• Strong interpersonal skills with the ability to build and maintain professional relationships

Salary Range
The expected base salary for this New York, NY, United States-based position is $100000-$160000. 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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