Posted 2 months ago
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Goldman Sachs Asset Management's Wealth Investment Solutions ETF Portfolio Management team seeks an Associate to oversee and manage ETF portfolios, including portfolio rebalancing, cash and risk management, and day-to-day portfolio activities. The role involves working with ETF market makers on primary market creations/redemptions, delivering tax-efficient outcomes, and supporting research and product development for new and existing ETF strategies. This is a quantitative role within a large global team that manages multi-product mandates and requires programming skills and experience with passive, active, and derivatives-based strategies.
- Compensation
- $125,000 – $290,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.
The Wealth Investment Solutions team within GSAM manages over USD 375 billion across a variety of mandates including institutional portfolios, high net worth accounts, mutual funds and ETFs, using sophisticated quantitative models that have been developed in an innovative research environment. The team is one of the largest quantitative managers in the world, and is recognized as an industry leader in quantitative portfolio management techniques.
The ETF Portfolio Management Team within WIS is responsible for the oversight and management of ETF portfolios, including portfolio rebalancing, cash management, risk management and other day-to-day portfolio-related activities. The ETF PM team works with ETF market makers to manage primary market creations/redemptions activity and delivering tax-efficient outcomes in the portfolios. The ETF PM team also works with the broader division in the research and development of new ETF products and strategies, enhancements to existing products, industry and competitive analysis, systems development, and other select projects.
Qualifications
• Bachelor’s degree and at least 3+ years of practical experience in portfolio construction/portfolio management activities
• Working knowledge of ETF products and markets
• Experience in managing passive and active quantitative strategies, including derivatives-based strategies
• Experience in programming languages (Python and VBA) required
• Strong organizational and analytical skills, and attention to detail
• Ability to work in a fast-paced and dynamic environment
• Strong communication skills
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.
