Wealth Alternatives Specialist at Goldman Sachs — BranchFactor

BranchFactor Summary

The original posting with the fluff stripped out

Expected experience: 15+ yrs
Management level: Individual contributor

Compensation

Base salary	US$125,000 – US$290,000 / yr

Role speciality

Alternative Investments

Required qualifications

CertificationsSeries 7, Series 63

Preferred qualifications

Study levelBachelor's

Original posting

Asset & Wealth Management (GSAM)

A career with Goldman Sachs Asset & Wealth Management (GSAM) offers an opportunity to help clients globally realize their potential while fostering personal growth. As part of one of the world's leading asset managers, overseeing over $2 trillion in assets under supervision, you can expect to engage in significant investment opportunities, collaborate with diverse colleagues, and build strong client relationships. Goldman Sachs Asset & Wealth Management brings together traditional and alternative investments, providing dedicated partnership and a focus on long-term performance for clients worldwide. The firm provides investment and advisory services to a broad range of clients, including pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

Goldman Sachs is actively seeking a dynamic, quick-thinking, self-starter with a passion for alternative investments for a senior alternative sales position. The ideal candidate is an alternative investment industry professional with a proven track record and strong communication skills, capable of thriving in an energetic environment and successfully increasing the sale of Goldman Sachs Asset Management alternative products. Goldman Sachs is a leading global investor in alternatives, with over $500 billion in assets and more than 30 years of experience in the sector.

This role is situated within the Alternative Investment Solutions Group, part of Goldman Sachs Asset Management's client business. This team is responsible for the sales, marketing, and ongoing client support for the firm's alternative investments offered through third-party intermediaries such as banks, trust companies, broker-dealers, and registered investment advisors. The team also contributes to producing thought leadership content on alternative investments for both investment advisors and end investors to provide education on the alternative investment space.

HOW YOU WILL FULFILL YOUR POTENTIAL

Manage a large sales territory in the NYC area focused on the top RIA, Wirehouses, and BD advisor relationships.
Partner with an alternatives specialist and internal consultant in a thoughtful and productive way to serve internal and external clients and maximize commercial impact across the territory.
Serve as the lead salesperson representing GSAM’s broad alternative investment solutions, including private equity, private credit, real estate, liquid alternatives, and hedge funds.
Establish, maintain, and grow relationships with alternative-focused advisors and capture investment placements.
Execute consistent follow-up with advisors to advance the sales process and deepen advisor relationships.
Seek strategic opportunities to build meaningful scale in GSAM investment offerings as appropriate.
Provide ongoing training relative to our investment offerings to internal GSAM sales teams.
Serve as key point of contact for internal and external sales teams, providing content and expertise about the alternative landscape and GSAM funds.
Partner with alts-specific centers of influence at partner firms.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Minimum Bachelor’s degree (U.S. or equivalent), 15+ years of financial industry experience.
Series 7 and Series 63 licenses.
Excellent written and verbal communication skills.
Experience with alternative investment sales & territory management.
Strong interpersonal skills and ability to work effectively with others.
Strong work ethic and commercial perspective.
Existing relationships in the territory.

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.