Asset & Wealth Management, Multi Asset Solutions, Lead Portfolio Management, Vice President - New York
Posted 16 days ago
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Multi Asset Solutions (MAS) at Goldman Sachs is seeking a Vice President on the Lead Portfolio Management team to design, manage, and communicate bespoke multi-asset whole-of-wallet portfolios, primarily for US corporate pension clients. This client-facing role focuses on strategic asset allocation, portfolio construction optimization, liability-hedging and asset-liability matching. The role requires leading client discussions, producing Investment Committee materials, supporting implementation and manager selection, and delivering detailed quantitative analysis and presentations.
- Compensation
- $125,000 – $290,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within the Asset Management Division at Goldman Sachs. It designs and develops comprehensive investment management solutions customized to meet the investment objectives and relevant constraints of clients. These solutions bring together state-of-the-art techniques for multi-asset and liability-hedging portfolio design and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS invests or advises on assets for some of the world’s leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices.
Responsibilities:
The successful candidate would become a member of the Lead Portfolio Management (LPM) Team within Multi-Asset Solutions (MAS), predominantly working with US corporate pension clients. The candidate would be responsible for leading the design, management, and communication of multi-asset class whole-of-wallet portfolios.
This role is client-facing and highly analytical, focusing on developing, investing, managing and communicating bespoke strategic asset allocations for clients.
Core responsibilities include:
- Advise clients and oversee implementation of strategic and implementation issues, such as asset allocation, investment manager / vehicle selection and oversight, risk / performance management and evaluation, and research on investment management strategies
- Lead day-to-day portfolio management for pensions, including strategic asset allocation analysis, portfolio construction optimization, and custom liability-hedging & asset-liability matching analysis
- In coordination with dedicated client relationship coverage, assist in client management including presenting results and ideas Investment Committee reviews, addressing client investment needs, proposing new strategies aimed at enhancing portfolio characteristics
- Support content development including client and prospect presentation books (including Investment Committee reviews), request for proposals, and other investment-related analyses
Other required skills/experience:
- Bachelor’s degree or equivalent in Mathematics, Economics, Finance, or related quantitative field
- 6+ years of relevant experience (relevant experience includes institutional investing, portfolio management, pension risk management, and asset liability management)
- Experience leading client discussions, with excellent verbal and written communication skills
- Experience leading and multi-tasking across internal and external projects in a fast-paced environment
- Detail-oriented and meticulous, with strong quantitative and analytical skills
- Intelligent, creative, with good problem-solving abilities
- Strong understanding of portfolio investment metrics and characteristics (including that of multi-asset and liability-hedging portfolios)
- Expert in Excel and PowerPoint, including creating and providing detailed review of bespoke data analysis and presentations
- Actuarial designation a plus
- CFA designation a plus
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, New York, 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.
