The Goldman Sachs Group, Inc

Asset & Wealth Management - New York - Vice President, External Product Specialist - 4505808

The Goldman Sachs Group, Inc$179K — $338K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Economics, Business Administration, Finance, Accounting, Mathematics, or related field.
  • 5 years of experience analyzing large datasets in financial contexts.
  • Experience with private markets funds: private equity, real estate, credit, and co-investments.
  • Proficiency in IFRS and GAAP for financial assessments.
  • Skilled in using Microsoft Excel, PowerPoint, and PowerBI for analysis and presentations.

Responsibilities

  • Establish and manage relationships with external managers for product development.
  • Source new alternative investment offerings aligned with client demands.
  • Structure partnerships and manage legal negotiations with external counsel.
  • Provide insights on private market trends as an alternative investment strategist.
  • Develop fundraising strategies and marketing collateral for various client segments.
  • Lead client portfolio reviews and performance analysis for alternative investments.
  • Manage internal business planning and oversee team processes, including mentorship.

Benefits

  • Comprehensive coverage for all travel costs related to client visits.
  • Opportunities for professional development and mentorship.
  • Participation in leading marketing and fundraising activities for high-profile investments.
  • Significant responsibility in structuring and negotiating external partnerships.
Full Job Description
Job Duties: Vice President, External Product Specialistwith Goldman Sachs & Co. LLC in New York, New York. Help establish and manage relationships with external managers, including new product development and coordination of external sales professionals, as well as source and originate new alternative investment offerings to meet client demand and address current market opportunities. Structure partnerships with external managers, coordinating with internal and external counsel and managing legal negotiation to protect firm and client interests. Serve as an alternative investment strategist, helping establish team view on current private market trends and opportunities and providing insight to clients and internal GS constituents. Provide input on sales strategy across client segments, advising on growth strategies for new offerings and solutions, and develop segment specific fundraising strategies. Help lead marketing of alternative investment offerings across GS client segments and regions including managing overall fundraising activity, developing marketing collateral and strategy pitch and engaging advisors and clients by organizing road shows, events, and campaigns. Lead client portfolio reviews, including alternative portfolio analysis and implementation guidance, and provide performance attribution and fund commentary. Drive internal business planning and strategy, managing the team's revenue model and financial/operational reporting to internal stakeholders, and train new team members to help oversee process and refine modeling. Lead staffing assignments for junior team, ensuring balanced split of work amongst analysts. Mentor and facilitate development of junior team, including specifically for new team build out in Salt Lake City. Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Economics, Business Administration, Finance, Accounting, Mathematics, or a related field and five (5) years of experience in the job offered or in a related role. Prior employment must include five (5) years of experience with: analyzing large and diverse datasets using Microsoft Excel to evaluate the financial and operational viability of various service lines, present findings, and report to senior management; working with financial markets and investment instruments, specifically private markets funds such as: private equity, private real estate, private credit, and direct company co-investments; analyzing business financials and identifying and evaluating key components supporting forward looking top line growth trends that support a specific valuation; applying International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles to assess the completeness and accuracy of company books and records; and Microsoft PowerPoint and PowerBI to create presentations displaying the results of quantitative and qualitative analysis, and present these findings to senior leadership teams. Domestic travel required about 10% of the time to visit clients and alternative asset managers to enable continued growth of the business. All travel costs covered by Firm. Salary Range: Annual base salary for this New York, New York -based position is $179,088 - $338,000.

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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