OUR IMPACT

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

 

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra- high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

 

The Portfolio Management Group (PMG) is a multi-asset class investing group that sits within in the Private Wealth Management Division at Goldman Sachs. PMG specializes in the discretionary management of portfolios across traditional and alternative asset classes and provides outsourced CIO services to private clients as well as select institutions.

The team leverages and combines the independent strategic and tactical asset allocation framework of the Investment Strategy Group (ISG) of Private Wealth Management, a rigorous investment process and an open-architecture investment platform, to construct customized risk-focused portfolios.

 

YOUR IMPACT

The successful candidate will be a senior member of the investment team of PMG, responsible for management and construction of multi-asset class portfolios in line with PMG investment philosophy, client guidelines and regulatory constraints.

The candidate will have the responsibility for the ongoing monitoring, portfolio construction and management of PMG model portfolios and bespoke client solutions. 

The role is highly analytical and client-facing, focusing on developing and communicating multi-asset class solutions to Private Wealth Advisors and their clients/prospects.

 

Core Responsibilities

Work as part of the PMG Team to implement bespoke discretionary portfolio solutions for PWM clients.Take a lead role in overseeing and enhancing our investment processes whilst ensuring strict adherence to a robust risk management framework.Manage and implement portfolios focusing on areas such as portfolio construction, investment manager / vehicle selection and rebalancing, and monitoring currency exposure.Execute trades across various asset classes, including equities, fixed income (bonds), mutual funds, derivatives, and alternative investments (hedge funds and private equity).Oversee and conduct daily cash management and foreign exchange (FX) exposure analysis. This involves daily trading of spot and forward FX contracts as well as money market funds.Manage all operational aspects of managed accounts, including trading, position reconciliation, capital calls, private equity events, product maturities.Contribute to PMG-specific projects focused on technology development and the improvement of policies and procedures to support business growth.For all of these activities, work in conjunction with other areas of ISG and the broader firm, including GSAM, Legal, Compliance and Technology teams.

 

REQUIREMENTS

5+ years’ work experience in a similar portfolio management and trade execution role.Must have region specific qualifications CISI Level 4 (London) or equivalent IMC & CFA Level 1. Strong interest in the financial markets and good investment sense/commercial instinct.Strong organisational skills; the ability to deliver on tight deadlines, multi-task in a fast-paced environment and think clearly under pressure will be key to success.Self-motivated and able to work in an autonomous, yet collaborative environment.Commitment to excellence, a high level of integrity.Proficiency with Bloomberg, Refinitiv/Datastream, Morningstar Direct, or similar systems.Knowledge of Microsoft Office software (Outlook, Excel, PowerPoint and Word).

 

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.