The Goldman Sachs Group, Inc

Asset & Wealth Management, MAS, Portfolio Management - Third Party Wealth and Strategic Partnerships, Vice President- New York

The Goldman Sachs Group, Inc • $125K — $290K *
New York, NY 10025In-Person
Finance & Insurance
8 - 10 years of experience
Reposted 5 days ago
Job Overview by Ladders

Qualifications

  • 10-15 years of investment management experience with a track record of success
  • In-depth knowledge of asset allocation, macro investing, and factor investing
  • Exceptional problem-solving and creative thinking skills
  • Strong organizational skills with the ability to multitask in a fast-paced environment
  • Proven leadership in cross-functional, global teams
  • Experience managing Japan total return portfolios and fixed income mandates preferred
  • Strong quantitative analysis skills and proficiency in programming languages like Python
  • Excellent communication skills tailored for diverse audiences
  • Advanced degree or CFA designation preferred

Responsibilities

  • Collaborate with investment leadership to execute strategic investment ideas
  • Manage multi-asset class portfolios in adherence to client guidelines and regulatory standards
  • Drive day-to-day portfolio activities efficiently across the team
  • Generate investment ideas, focusing on credit and non-US fixed income
  • Design suitable income-oriented and derivatives-based investment strategies
  • Structure trades for effective portfolio management across asset classes
  • Engage with clients to discuss portfolio positioning and investment outlook
  • Coordinate with trading desks for efficient trade execution
  • Create and improve portfolio construction frameworks across asset classes
  • Lead projects enhancing trading and risk management processes

Benefits

  • Comprehensive health and wellness benefits
  • Retirement savings plans and company match options
  • Access to professional development resources
  • Support for work-life balance initiatives
  • Employee assistance programs
  • Variety of employee discounts and perks
Full Job Description
Role:

We are seeking a vice president to serve as a senior PM of the global Third-Party Wealth and Strategic Partnerships Portfolio Management (TPW/PP PM) team within MAS. This Portfolio Management team is responsible for day-to-day management and construction of multi-asset class funds, retail models, highly dynamic institutional mandates and investment strategies. This is a hands-on portfolio management role.

The successful candidate would focus on investment decision making, performance generation and managing portfolio activities in line with MAS investment philosophy, client expectations and regulatory constraints. This role is highly analytical and detail-oriented, with emphasis on ability to scalably manage and evaluate investment exposures across many portfolios, asset classes and investment strategies.

Core Responsibilities:
  • Working closely with Investment Leadership and head of the channel to ideate and execute strategic and tactical investment ideas with consistency and scale, including determining optimal instruments to trade based on portfolio-specific, regulatory and market- related considerations.
  • Managing multi-asset class portfolios in line with client guidelines, internal investment policies, and regulatory constraints. Exercising leadership qualities and judgment, with expectation of being able to perform key portfolio management responsibilities within a few months after joining.
  • Collaborating with other TPW/PP PMs to streamline and drive day-to-day portfolio activities with high efficiency.
  • Driving investment idea generation as a part of Asset Class Working Groups, with special focus on credit and non-US fixed income.
  • Designing income-oriented and derivatives-based investment strategies for client portfolio suitability, with specific focus on our ability to effectively manage and implement such portfolios and strategies.
  • Structuring trades to facilitate portfolio activity across asset classes and product types (equities, fixed income, currencies, alternatives) and instruments (futures, forwards, ETFs, options, swaps, funds).
  • Engaging with clients on portfolio activities, positioning and investment outlook on an as-needed basis.
  • Partnering with the Central Trading Desk and external parties overseeing channel-wide trade execution.
  • Creating and improving investment and portfolio construction frameworks across asset classes, enhancing expertise in terms of investment alternatives and new strategies.
  • Enhancing business scale by leading and overseeing projects aimed at improving trading and risk management processes, infrastructure and investment analytics to further accelerate the team's ability to meet growth objectives, execute on portfolio management activities and mitigate trading risks.
  • Serving as investment-side oversight lead for complex portfolio events, including launch and onboarding of new client mandates and portfolio restructurings, requiring coordination across multiple internal stakeholder teams throughout the firm.


Basic Qualifications:
  • 10-15 years of investment management experience, with successful track record of employing qualities and functional abilities referenced above
  • Exceptional investment acumen and knowledge of asset allocation principles, macro investing, and factor investing approaches
  • Out-of-box thinker with intelligent, creative, problem-solving abilities
  • Detail-oriented and organized with the ability to manage multiple tasks in a fast-paced environment
  • Proven leadership and project management skills; experience working in global, cross-regional, cross-functional team
  • A self-starter with consistently positive attitude and eagerness to thrive in a team environment
  • Experience as a primary portfolio manager, with expertise in Japan total return portfolios and fixed income-oriented mandates a plus
  • Accountable portfolio owner with risk management and control orientation
  • Quantitative analysis and skillset; strong programming skills in at least one language such as Python
  • Ability to communicate investment strategies and rationales to audiences of varying levels of sophistication
  • Excellent writing and communication skills
  • Proficient in Excel and PowerPoint; Bloomberg, Reuters or financial data systems knowledge preferred
  • Advanced degree or CFA designation preferred


Salary Range
The expected base salary for this New York, NY, 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
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

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