Asset & Wealth Management, MAS, Portfolio Management – Third Party Wealth and Strategic Partnerships, Vice President- New York

MULTI-ASSET SOLUTIONS OVERVIEW:

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within Asset & Wealth Management (AWM) at Goldman Sachs. It designs and develops comprehensive investment management solutions customized to meet the investment objectives for clients.  These solutions bring together state-of-the-art techniques for multi-asset portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS has invested or advised on multi-asset class mandates for some of the world’s leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, family offices, RIAs and other wealth advisors since 1995.

Role:

We are seeking a vice president to serve as a senior PM of the global Third-Party Wealth and Strategic Partnerships Portfolio Management (TPW/PP PM) team within MAS. This Portfolio Management team is responsible for day-to-day management and construction of multi-asset class funds, retail models, highly dynamic institutional mandates and investment strategies. This is a hands-on portfolio management role.

The successful candidate would focus on investment decision making, performance generation and managing portfolio activities in line with MAS investment philosophy, client expectations and regulatory constraints. This role is highly analytical and detail-oriented, with emphasis on ability to scalably manage and evaluate investment exposures across many portfolios, asset classes and investment strategies.

Core Responsibilities:

• Working closely with Investment Leadership and head of the channel to ideate and execute strategic and tactical investment ideas with consistency and scale, including determining optimal instruments to trade based on portfolio-specific, regulatory and market- related considerations.
• Managing multi-asset class portfolios in line with client guidelines, internal investment policies, and regulatory constraints. Exercising leadership qualities and judgment, with expectation of being able to perform key portfolio management responsibilities within a few months after joining.
• Collaborating with other TPW/PP PMs to streamline and drive day-to-day portfolio activities with high efficiency.
• Driving investment idea generation as a part of Asset Class Working Groups, with special focus on credit and non-US fixed income.
• Designing income-oriented and derivatives-based investment strategies for client portfolio suitability, with specific focus on our ability to effectively manage and implement such portfolios and strategies.
• Structuring trades to facilitate portfolio activity across asset classes and product types (equities, fixed income, currencies, alternatives) and instruments (futures, forwards, ETFs, options, swaps, funds).
• Engaging with clients on portfolio activities, positioning and investment outlook on an as-needed basis.
• Partnering with the Central Trading Desk and external parties overseeing channel-wide trade execution.
• Creating and improving investment and portfolio construction frameworks across asset classes, enhancing expertise in terms of investment alternatives and new strategies.
• Enhancing business scale by leading and overseeing projects aimed at improving trading and risk management processes, infrastructure and investment analytics to further accelerate the team’s ability to meet growth objectives, execute on portfolio management activities and mitigate trading risks.
• Serving as investment-side oversight lead for complex portfolio events, including launch and onboarding of new client mandates and portfolio restructurings, requiring coordination across multiple internal stakeholder teams throughout the firm.

Basic Qualifications:

• 10-15 years of investment management experience, with successful track record of employing qualities and functional abilities referenced above
• Exceptional investment acumen and knowledge of asset allocation principles, macro investing, and factor investing approaches
• Out-of-box thinker with intelligent, creative, problem-solving abilities
• Detail-oriented and organized with the ability to manage multiple tasks in a fast-paced environment
• Proven leadership and project management skills; experience working in global, cross-regional, cross-functional team
• A self-starter with consistently positive attitude and eagerness to thrive in a team environment
• Experience as a primary portfolio manager, with expertise in Japan total return portfolios and fixed income-oriented mandates a plus
• Accountable portfolio owner with risk management and control orientation
• Quantitative analysis and skillset; strong programming skills in at least one language such as Python
• Ability to communicate investment strategies and rationales to audiences of varying levels of sophistication
• Excellent writing and communication skills
• Proficient in Excel and PowerPoint; Bloomberg, Reuters or financial data systems knowledge preferred
• Advanced degree or CFA designation preferred