Investing & Portfolio Management - Public
Goldman Sachs Bank AG, New York, NY, United States
MULTI-ASSET SOLUTIONS OVERVIEW:
Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within Asset & Wealth Management (AWM) at Goldman Sachs. MAS designs and develops comprehensive investment management solutions customized to meet the investment objectives for clients. These solutions bring together state-of-the-art techniques for multi-asset portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS has invested or advised on multi-asset class mandates for some of the world’s leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, family offices, RIAs and other wealth advisors since 1995.
Role: We are seeking a Vice President to join the Third-Party Wealth Portfolio Management (TPW PM) team within MAS. The TPW PM team is responsible for management and construction of multi-asset class funds, retail models and investment strategies in line with MAS investment philosophy, client guidelines and regulatory constraints. Models are families of portfolio asset allocations recommendations, including product-specific allocations in each asset class, that are provided to retail investment advisors through a turnkey asset management platform (TAMP), third-party brokerage wirehouse, a retail bank, or other platforms. Models are a high-growth, high-visibility area of the firm and are often highly customized to the specific needs of the third-party aggregator or advisor base.
The successful candidate would join as a member of the Portfolio Management Team. They would focus on managing portfolio activities related to Goldman Sachs flagship and custom models and driving key initiatives across our fast-growing retails models business. This role is highly analytical and detail-oriented, with emphasis on ability to scalably manage and evaluate investment exposures across many portfolios, asset classes and investment strategies.
Core Responsibilities:
Managing multi-asset class portfolios in line with client guidelines, internal investment policies, and regulatory constraints. Exercising leadership qualities and judgment, with expectation of being able to perform key portfolio management responsibilities within a few months after joining.
Structure and implement trades to facilitate portfolio activity across asset classes and product types (equities, fixed income, currencies, alternatives) and instruments (futures, forwards, ETFs, options, swaps, funds).
Work closely with the Central Trading Desk to oversee trade execution and ensure efficient and accurate implementation of portfolio decisions.
Lead MAS investment teams to execute strategic and tactical investment views with consistency and scale, including determining optimal instruments based on portfolio‑specific, regulatory, and market considerations.
Design and maintain quantitative investment and risk analytics for multi‑asset funds, leveraging Python and related tools to support portfolio construction, implementation, and ongoing risk oversight; review new portfolio designs and investment strategies for client suitability, implementation feasibility, and ongoing management, and provide portfolio management reviews and sign‑offs for new business and investment opportunities.
Serve as the investment‑side oversight lead for complex portfolio events, including onboarding new client mandates and executing portfolio restructurings, requiring coordination across internal investment teams, external managers, and trading counterparties.
Lead and oversee projects aimed at enhancing trading and risk management processes, infrastructure, and analytics to strengthen portfolio oversight and mitigate operational and trading risks.
Basic Qualifications:
6-9 years of investment management experience, with successful track record of employing qualities and functional abilities referenced above
Exceptional quantitative skillset, including experience with investment and risk analysis; programming skills in at least one language (e.g., Python) preferred
Proven leadership and project management skills; experience working in global, cross-regional, cross-functional team
Detail‑oriented and highly organized, with the ability to manage multiple priorities effectively in a fast‑paced environment
Self‑starter with the ability to work independently while collaborating effectively in a team‑oriented environment
Strong interest in financial markets and investing, with intermediate or advanced knowledge of asset allocation principles and factor‑based investing approaches
Consistently positive attitude and strong work ethic, with a willingness to contribute in a collaborative, team‑centric culture
Advanced problem‑solving skills and robust financial instrument knowledge, with the ability to think critically and creatively when evaluating investment and portfolio‑related challenges. Experience with analyzing or managing various investment strategies a plus
Risk management and control orientation, with attention to investment and operational risks
Excellent written and verbal communication skills, with the ability to clearly articulate investment strategies, portfolio positioning, and risk considerations to audiences of varying sophistication
High degree of proficiency in Excel and PowerPoint; experience with Bloomberg, Reuters, or other financial data systems preferred
Advanced degree or CFA designation preferred
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 are 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 are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
Goldman Sachs is an equal employment/affirmative action employer
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr
Role: We are seeking a Vice President to join the Third-Party Wealth Portfolio Management (TPW PM) team within MAS. The TPW PM team is responsible for management and construction of multi-asset class funds, retail models and investment strategies in line with MAS investment philosophy, client guidelines and regulatory constraints. Models are families of portfolio asset allocations recommendations, including product-specific allocations in each asset class, that are provided to retail investment advisors through a turnkey asset management platform (TAMP), third-party brokerage wirehouse, a retail bank, or other platforms. Models are a high-growth, high-visibility area of the firm and are often highly customized to the specific needs of the third-party aggregator or advisor base.
The successful candidate would join as a member of the Portfolio Management Team. They would focus on managing portfolio activities related to Goldman Sachs flagship and custom models and driving key initiatives across our fast-growing retails models business. This role is highly analytical and detail-oriented, with emphasis on ability to scalably manage and evaluate investment exposures across many portfolios, asset classes and investment strategies.
Core Responsibilities:
Managing multi-asset class portfolios in line with client guidelines, internal investment policies, and regulatory constraints. Exercising leadership qualities and judgment, with expectation of being able to perform key portfolio management responsibilities within a few months after joining.
Structure and implement trades to facilitate portfolio activity across asset classes and product types (equities, fixed income, currencies, alternatives) and instruments (futures, forwards, ETFs, options, swaps, funds).
Work closely with the Central Trading Desk to oversee trade execution and ensure efficient and accurate implementation of portfolio decisions.
Lead MAS investment teams to execute strategic and tactical investment views with consistency and scale, including determining optimal instruments based on portfolio‑specific, regulatory, and market considerations.
Design and maintain quantitative investment and risk analytics for multi‑asset funds, leveraging Python and related tools to support portfolio construction, implementation, and ongoing risk oversight; review new portfolio designs and investment strategies for client suitability, implementation feasibility, and ongoing management, and provide portfolio management reviews and sign‑offs for new business and investment opportunities.
Serve as the investment‑side oversight lead for complex portfolio events, including onboarding new client mandates and executing portfolio restructurings, requiring coordination across internal investment teams, external managers, and trading counterparties.
Lead and oversee projects aimed at enhancing trading and risk management processes, infrastructure, and analytics to strengthen portfolio oversight and mitigate operational and trading risks.
Basic Qualifications:
6-9 years of investment management experience, with successful track record of employing qualities and functional abilities referenced above
Exceptional quantitative skillset, including experience with investment and risk analysis; programming skills in at least one language (e.g., Python) preferred
Proven leadership and project management skills; experience working in global, cross-regional, cross-functional team
Detail‑oriented and highly organized, with the ability to manage multiple priorities effectively in a fast‑paced environment
Self‑starter with the ability to work independently while collaborating effectively in a team‑oriented environment
Strong interest in financial markets and investing, with intermediate or advanced knowledge of asset allocation principles and factor‑based investing approaches
Consistently positive attitude and strong work ethic, with a willingness to contribute in a collaborative, team‑centric culture
Advanced problem‑solving skills and robust financial instrument knowledge, with the ability to think critically and creatively when evaluating investment and portfolio‑related challenges. Experience with analyzing or managing various investment strategies a plus
Risk management and control orientation, with attention to investment and operational risks
Excellent written and verbal communication skills, with the ability to clearly articulate investment strategies, portfolio positioning, and risk considerations to audiences of varying sophistication
High degree of proficiency in Excel and PowerPoint; experience with Bloomberg, Reuters, or other financial data systems preferred
Advanced degree or CFA designation preferred
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 are 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 are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:
Goldman Sachs is an equal employment/affirmative action employer
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr