Asset & Wealth Management, Xig, Portfolio Strategy & Risk Management, Associate

Asset & Wealth Management

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

BUSINESS OVERVIEW

The External Investing Group ("XIG") provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, public equity strategies and fixed income strategies. 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, secondary-market investments, co-investments, and seed-capital investments. With over 350 professionals across 11 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, and family offices, for which we invest or advise on over $300 billion of alternative investments, public equity strategies and fixed income strategies.

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 drive portfolio construction and leverage strategy; enhance portfolio management by analyzing proprietary data and proactively contribute to other portfolio analysis

• Lead fund financing modeling; evaluating impacts to investor performance and leverage strategy

• Present portfolio analysis and data-driven recommendations in the Portfolio Strategy and Risk Management meeting and lead portfolio and risk management strategic initiatives and projects

• Undertake detailed industry research and provide customized client solutions, ensuring precision in meeting client needs; assess risk factors and their definitive impact on portfolio performance

• Work closely with deal team, fund financing and sales teams on portfolio construction and modeling of fund strategy

• Support fundraising activities through scenario and sensitivity analysis to inform portfolio strategy and product development.

Qualifications

• The ideal candidate will have 3-5 years in Asset Management, Investment Banking, Consulting, or a related field. Experience in portfolio construction and risk management preferred

• Strong numerical and analytical skills for the purpose of developing data-driven portfolio decisions

• Strong presentation, communication, and writing skills enabling the candidate to make robust recommendations to the portfolio strategy and risk management meeting

• Display a solid work ethic, meticulous attention to detail, and a proven ability to collaborate with colleagues of various levels of seniority in a team-oriented environment

Salary Range

The expected base salary for this New York, New York, 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.