Asset & Wealth Management Overview
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 $3 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.
Fixed Income & Liquidity Solutions Overview
Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.
Role Overview
We are seeking a London-based Associate to join our Multi-Sector Portfolio Management team within GSAM Fixed Income. This role offers an exciting opportunity to contribute to a dynamic investment process focused on carefully constructed and actively managed multi-sector portfolios. The ideal candidate will possess a strong understanding of fixed income markets, a passion for portfolio analysis, and the ability to collaborate effectively within a team-oriented environment. Key responsibilities will include:
1. Develop Product & Market Expertise - Gain a deep understanding of Global Fixed Income Markets and the suite of Multi-Sector investment products offered. Develop systems knowledge encompassing performance/positioning/risk and reporting systems.
2. Support Portfolio Construction: Assist Multi-sector Portfolio Managers with top-down portfolio construction and implementation within the multi-sector investment process.
3. Portfolio Implementation & Management: Translate multi-sector views across a large suite of customized accounts – analyze account guideline restrictions and work closely with strategy desks on developing provide proxy trades for constrained accounts.
4. Investment Research: Conduct research on fixed income asset allocation and portfolio construction. Analyze relative value across fixed income spread sector opportunities.
5. Monitoring and Risk Management: Monitor portfolio positions and risk analytics relative to benchmarks and active targets. Highlight deviations and work with trading desks to rebalance portfolios.
6. Performance and Positioning Surveillance: Investigate performance (attribution outliers) and positioning discrepancies. Ensure all portfolios of the same strategy are positioned similarly while providing proxy trades for those that may be restricted by guidelines.
7. Cross-Team Communication: Comprehend and effectively communicate - current portfolio positioning, performance attribution, market trends and investment themes in a manner which is suitable for the intended audience. Participate in regular strategy sessions with the multi-sector team, macro strategists, and credit specialists.
8. Business Development: Participate in new business development opportunities through development of model portfolios and other investment related material.
9. Competitor Analysis: Provide Competitor analysis on key managers across multi-sector strategies. Research investment biases among managers and universe to deliver insights on peer positioning.
10. Process Improvement & Automation: Identify opportunities and partner with technology teams to improve and automate processes to increase operational efficiency.
Qualifications
11. Bachelors or Master's degree of Finance, Economics, Business or Commerce. CFA is a plus
12. Knowledge of, and passion for, the asset management business and capital markets
13. Highly organized with exceptional attention to detail and excellent follow-through
14. Strong analytical and risk management skills
15. Demonstrated proficiency in multi-tasking, problem solving, and deadline management
16. Strong written and oral communication skills
17. Strong interpersonal skills: Ability to build trust and confidence of colleagues, strengthen relationships through ongoing dialog and interactions, and collaborate well with others