The Goldman Sachs Group, Inc

Asset & Wealth Management, XIG, Portfolio Strategy & Risk Management, Associate - New York

The Goldman Sachs Group, Inc$100K — $170K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in asset management, investment banking, consulting, or similar; expertise in portfolio construction and risk management is preferred.
  • Strong analytical and quantitative skills for data-driven decision-making in portfolio management.
  • Excellent communication and presentation skills for delivering clear recommendations to the team.
  • Proven attention to detail and strong teamwork ability across varying seniority levels.

Responsibilities

  • Lead portfolio analysis to aid in risk management for private market investments.
  • Conduct portfolio modeling to inform strategy and enhance management processes.
  • Evaluate fund financing models and their impact on investor performance.
  • Present analysis and strategic recommendations in Portfolio Strategy meetings.
  • Perform in-depth industry research to deliver tailored client solutions and assess risk factors.
  • Collaborate with teams across the organization on portfolio and strategy modeling.
  • Support fundraising activities with scenario analysis to enhance portfolio strategy.

Benefits

  • Comprehensive benefits package and wellness offerings.
  • Competitive employee experience focused on well-being and professional development.
Full Job Description
Job Description

Asset & Wealth Management

Asset & Wealth Management (AWM) is the primary investing area within Goldman Sachs, bringing together traditional and alternative investment capabilities to help clients pursue their long-term goals. Acting as a fiduciary, the business invests on behalf of a broad range of clients, including pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

With approximately $3.6 trillion in assets under supervision, AWM combines global scale with a culture grounded in partnership, client service, integrity and excellence. The division offers candidates the opportunity to contribute to a business that is central to the firm and focused on delivering strong investment outcomes for clients.

External Investing Group (XIG)

XIG provides clients with investment and advisory solutions, across leading hedge fund managers, private credit funds, private equity funds, real estate managers, public equity strategies, fixed income strategies and ESG (impact) strategies across all asset classes. XIG manages globally diversified programs, targeted sector-specific strategies, customized portfolios and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, co-investments, secondary-market investments and seed-capital investments. With over 400 professionals across 13 offices around the world, XIG provides manager diligence, portfolio construction, risk management and liquidity solutions to investors, drawing on Goldman Sachs market insights and risk management expertise. We extend these global capabilities to the world's leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, high-net-worth individuals and family offices, for which we invest or advise on over $400 billion of alternative investments, public equity strategies and fixed income strategies. We are focused on diversity of thought and have team members with a wide range of backgrounds and professional experiences.

Responsibilities
  • Lead quantitative and qualitative portfolio analysis to support portfolio and risk management for private market fund-of-funds and custom client portfolios.
  • Conduct portfolio modeling to guide portfolio construction and leverage strategy; enhance portfolio management by analyzing proprietary data and contributing to broader portfolio analysis.
  • Lead fund financing modeling and evaluate impacts on investor performance and leverage strategy.
  • Present portfolio analysis and data-driven recommendations in Portfolio Strategy and Risk Management meetings; lead strategic initiatives and projects related to portfolio and risk management.
  • Perform detailed industry research and deliver customized client solutions, ensuring accuracy in meeting client needs; assess risk factors and their impact on portfolio performance.
  • Collaborate with deal teams, fund financing, and sales teams on portfolio construction and fund strategy modeling.
  • Support fundraising activities through scenario and sensitivity analysis to inform portfolio strategy and product development.
  • Develop and maintain models for evergreen fund structures, including liquidity management, capital flows, and portfolio construction, to optimize long-term performance and risk-adjusted returns.
  • Research market developments and industry trends in evergreen fund strategies to shape strategic portfolio design and support data-driven decision-making within the portfolio strategy team.

Qualifications
  • 5+ years of experience in asset management, investment banking, consulting, or a related field; experience in portfolio construction and risk management preferred.
  • Strong analytical and quantitative skills to develop data-driven portfolio decisions.
  • Excellent presentation, communication, and writing skills to deliver clear recommendations to the Portfolio Strategy and Risk Management team.
  • Demonstrated work ethic, attention to detail, and ability to collaborate effectively with colleagues across varying levels of seniority in a team-oriented environment.


Salary Range
The expected base salary for this New York, NY, United States-based position is $100000-$170000. 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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