Economist at Goldman Sachs — BranchFactor

BranchFactor Summary

The original posting with the fluff stripped out

Expected experience: 5+ yrs
Management level: Individual contributor

Compensation

Base salary	US$115,000 – US$270,000 / yr

Role speciality

Emerging Markets Macro Asset Classes Tactical Asset Allocation

Useful technologies

Python

Required qualifications

CertificationsSeries 7, Series 63, SIE

Preferred qualifications

Field of studyEconomics

Study levelMaster's

Original posting

YOUR IMPACT

ISG is seeking an Emerging Markets Economist to join its Tactical Asset Allocation team.

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.

Private Wealth Management (PWM)

Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.

Investment Strategy Group (ISG)

The Investment Strategy Group works with advisors and clients to help create an exceptional overall investment experience by ensuring that every client receives world-class investment advice that can help generate superior and consistent returns.

The Tactical Asset Allocation team (TAA) within ISG seeks to generate tactical alpha for clients’ portfolios by investing across macro asset classes (equities, fixed income, currencies and commodities). In addition to its investment mandate, the TAA team publishes several widely distributed reports and Outlooks each year, and is responsible for disseminating and communicating macro investment views to the firm’s clients.

This position will be based in New York and is an integral part of ISG’s dissemination and communication of macro views relating to emerging markets.

HOW YOU WILL FULFILL YOUR POTENTIAL

Collaborate with ISG colleagues to conduct economic analysis that will help identify top-down, macro-driven investment opportunities in emerging markets
Interpret and comment on key economic data releases and policy developments.
Develop and communicate views on the economic outlook and central bank policy in key emerging markets
Maintain and build analytical tools and models to monitor and project economic growth, inflation, and interest rates
Build and maintain presentations and client communications
Present economic views to internal and external clients

SKILLS & EXPERIENCE WE'RE LOOKING FOR

Master’s degree (U.S. or equivalent) in economics
At least 5 years of experience in the financial services industry with a focus on emerging markets
Strong analytical and writing skills
Experience with econometric analysis and coding (preferably in Python)
Deep curiosity and passion for the intersection between macroeconomics and markets
Excellent communication skills, especially the ability to explain complex technical concepts in simple terms
Attention to detail, patience, flexible attitude, and ability to multi-task under pressure
Collaborative and teamwork oriented
SIE, Series 7 and Series 63 required (must obtain within 3 months)

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

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, New York, United States-based position is $115000-$270000. 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.