Asset & Wealth Management, ETF Fixed Income, Junior Portfolio Manager, Associate

Job Description

Asset & Wealth Management

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

The Fixed Income ETF Portfolio Management team is part of the broader Global Fixed Income group and is responsible for the oversight, implementation and management of $9 billion of ETF assets across passive and active portfolios. This individual will work closely with fixed income sector teams, technology/engineering, product development, and distribution, and will play a key role in the growth and development of the fixed income ETF range.

Responsibilities

Principal responsibilities include:

• Develop knowledge - gain understanding of fixed income markets, macro market concepts, and the investment management industry, while developing fixed income ETF portfolio management specialization
• Portfolio management - work alongside the Portfolio Managers to cover daily ETF deliverables and help oversee portfolio risk positioning, cash positioning, and compliance monitoring
• Primary market - facilitate primary market creation and redemption activity across the ETFs, including portfolio optimization, trade construction, and communication with stakeholders
• Enhance ETF platform and process - collaborate in a team environment with engineers/strats, portfolio managers and contribute to the enhancement of our fixed income ETF infrastructure
• Product support - act as liaison between distribution channels and portfolio managers; assist in responding to queries from sales, Requests for Proposals, provide internal training opportunities
• Develop relationships - collaborate and build relationships with internal and external stakeholders in the ETF ecosystem, including APs and market makers, custodian, capital markets, operations, and sales
  
  

Qualifications And Experience

• Basic knowledge of, and passion for, the asset management business, and capital markets; prior Fixed Income and/or ETF experiences is a plus
• Strong quantitative and analytical skills, and excellent attention to detail and follow-through
• Positive attitude, strong work ethic, and ability to work independently in a fast-paced team environment
• Strong interpersonal skills: Build trust and confidence of colleagues, strengthen relationships through dialog and interactions, and collaborate well with others internally to deliver platform success
• Strong written and oral communication skills
• Experience with quantitative portfolio construction / optimization is a plus
• Experience in programming is a plus (Python)
• Experience with Bloomberg is a plus
• Strong skills in MS Office (Excel, Powerpoint and Word)
• Bachelor's degree or equivalent
• CFA or work toward CFA is 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., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range

The expected base salary for this New York, New York, United States-based position is $100000-$170000. 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 .