YOUR IMPACT
Do you have passion for the financial markets, the desire to work closely with clients, and the ability to think outside the box? We are seeking an Analyst who can provide support in managing multiple asset class discretionary mandates.
OUR IMPACT
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.
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Ayco, A Goldman Sachs Company partners with Fortune 1000 companies to design and implement tailored financial planning programs for their workforce-leveraging the 50-year heritage of Ayco and the comprehensive resources of Goldman Sachs to meet the evolving needs of their employees. Ayco believes companies best serve their stakeholders and the greater economy when their employees' financial lives are clear, understood and in their control. Ayco advisors and technical specialists help clients achieve their personal financial goals through education and guided implementation across seven key financial disciplines, including employee benefit planning.
The Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi- asset class discretionary mandates. PMG is seeking an Analyst who can provide portfolio/relationship management support to Advisor teams by focusing on client service, serving as a key liaison to areas supporting the PMG business including Legal, Compliance, and Technology and assisting in managing the investment process. The individual will be a main point of contact for teams with respect to supporting new business solicitations and managing general on-going client portfolio needs. Portfolio management responsibilities will include rebalancing and trading support, creation/management of marketing materials, on-going / ad hoc reporting and investment analysis requests, and other client support functions.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Work closely with the Portfolio Managers and Advisors to support and implement multi-asset class strategies for clients
- Daily supervision of complex client portfolios involving areas such as portfolio implementation issues, asset movements, asset allocation, and investment manager/vehicle selection
- Assist on projects related to new business development, including creation and maintenance of marketing materials
- Portfolio monitoring and rebalancing to predefined risk and construction parameters
- Keep abreast of the latest events in financial markets
- Work in conjunction with various product groups within the Asset and Wealth Management Division to respond to client needs
- Serve as a key liaison to other areas supporting the PMG business including Legal, Compliance, and Technology
WHERE WILL YOU MAKE AN IMPACT
The GS Ayco Portfolio Management Group business covers clients located throughout the United States.
SKILLS & EXPERIENCE WE ARE LOOKING FOR
- Minimum bachelor's degree (U.S. or equivalent)
- Related financial services experience of 0 - 3 years
- Demonstrated interest in and knowledge of financial markets
- Excellent communication skills, both oral and written
- Must be comfortable presenting to audiences of varying sizes and sophistication
- Detail orientation, patience, and demonstrated ability to multi-task under pressure.
- Strong interpersonal/leadership skills and a passion to engage with advisors and clients
- Ability to work in a fast-paced environment and think clearly under pressure
- Strong interest in the financial markets and good investment sense/commercial instinct
- Collaborative and team-oriented
- Highly proficient in Windows Technology (Outlook, Word, Excel)
- Ability to foster a strong network of relationships with numerous colleagues and desks across the Firm
- Series 7 and 63 required; obtaining CFA Charter highly encouraged and will be sponsored in accordance with firm policy
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., 2023. 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 Albany, New York, United States-based position is $55000-$75000. 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.