Portfolio Management Associate
Financial Services & BankingAdvertised as “Asset & Wealth Management, Liquidity Solutions, Portfolio Management Associate - New York”
Advertised as “Asset & Wealth Management, Liquidity Solutions, Portfolio Management Associate - New York”
The original posting with the fluff stripped out
| Base salary | US$100,000 – US$160,000 / yr |
|---|
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 enthusiastic 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 a 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.
Liquidity Solutions, within Asset & Wealth Management, is seeking an associate to join the portfolio management team. The individual will become an integral part of the trading desk, interacting closely with the portfolio managers, sales, trading counterparties, operations, controllers and technology.
Principal Responsibilities:
• Trade generation and execution across Prime & Municipal Money Market Funds, Separately Managed Accounts and Short Duration Vehicles.
• Build and monitor risk in portfolios, including management of cash flows
• Establish and maintain relationships with sell-side counterparties to facilitate trading in Commercial Paper, CDs, Time Deposits, Repo as well as Investment Grade Credit.
• Drive the management of our municipal money market portfolios.
• Work with technology and strat teams to increase automation, improve quality of data, and create new trading tools
• Liaise with operations on a daily basis to resolve any trading issues
Basic Qualifications:
• Two to four years of relevant fixed income experience in trading or similar role
• Knowledge of short-term debt markets dynamics and trading strategies
• Ability to multitask in order to excel in a fast-paced, transaction-oriented environment
• Numerical and analytical with excellent attention to detail
• Creative and strategic thinker
• Strong interpersonal skills with the ability to build and maintain professional relationships
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 opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Salary Range
The expected base salary for this New York, NY, United States-based position is $100000-$160000. 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.