Asset & Wealth Management
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 $2 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. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.
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Our Impact
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. GSAM Client Solutions Group (CSG) works to develop and execute thoughtful investment solutions for institutional clients across the globe. Our diverse institutional client base includes corporate and public pension funds, foundations and endowments, insurers, financial institutions and governments.
CSG markets GSAM's investment products and services to institutions, financial intermediaries and advisors. The focus is on building and maintaining long-term client relationships and communicating key themes from the firm's leading investment professionals. CSG provides investment solutions across all major asset classes (e.g., fixed income, equities and alternatives) and products including mutual funds, ETFs, separate accounts and alternative investments.
Job Summary & Responsibilities:
The Markets Coverage Group is a part of the broader ETF Specialist Team which is responsible for driving asset growth in GSAM ETFs. The Markets Coverage Specialist is specifically responsible for the global secondary markets strategy, managing all aspects of the ecosystem required to deliver a healthy secondary market trading experience. Working closely with product, portfolio management, and distribution, the Specialist will play a critical role in the execution of the overall ETF strategy. Key day-to-day responsibilities include:
- Oversee all aspects of ETF market quality, including monitoring of trading spreads, trading volumes and volatility.
- Manage relationships with key liquidity providers, including Market Makers, Authorized Participants and Exchanges.
- Increase visibility of GSAM ETFs throughout the ETF ecosystem.
- Partner with key internal stakeholders on all ETF launches, specifically owning all aspects of liquidity provision including listing exchange, lead market makers, and seed capital.
- Act as the main points of contact for trading and liquidity related queries for internal stakeholders and clients directly.
- Interact with financial advisors and institutions on implementation process, build relationships with custodial trading desks and sell side partners to help guide best practices.
- Drive ETF adoption with key institutional segments.
- Create trading-related thought leadership
Preferred Qualifications and Experience
- Bachelor's degree and at least 7 years of experience at an ETF issuer or in an ETF sales and trading role.
- Deep fixed income and or derivatives experience a plus.
- Series 7 and 63 licensed strongly preferred.
- Excellent verbal and written communication skills required.
- Strong technical skills related to ETF structure and general market micro-structure.
- Ability to work well in a fast-paced team environment with flexibility and a high level of self-motivation.
- Ability to prioritize tasks, manage timelines, and work independently.
- Highly organized with attention-to-detail and excellent follow-through.
- Ability to present one-on-one and in large group settings.
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.