Asset Management Operations-Portfolio Servicing Team-Dallas-Associate

Goldman Sachs•Dallas, TX

15h

About The Position

Goldman Sachs Asset Management is one of the world’s leading investment managers and our mission is to help our clients achieve their investment goals. In addition to traditional products (e.g. Equities, Fixed Income) our product offering includes Hedge Funds, Private Equity, Fund of Funds, Quantitative Strategies, Fundamental Equity and a Multi-Asset Pension Solutions Business. Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As 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 The Portfolio Servicing team is responsible for the full front-to-back operational support of Asset Management’s fund complex. Goldman Sachs Asset Management manages ~$1 trillion across more than 1,000 funds, distributed to clients across our client base. The Portfolio Servicing team has primary responsibility for all aspects of portfolio accounting, cash management, and serves as the single point of contact for all operations related inquiries. The group supports the portfolio management team by providing accurate and timely account information and overseeing all aspects of operational risk across portfolios. Portfolio Servicing is looking for an experienced operations professional at the Associate level to join our growing team in Dallas, Texas.

Requirements

Bachelor's degree required
3-5 years of professional experience, working within a Project Management or Middle Office function preferred
Must be able to handle multiple, complex tasks, prioritize effectively and be flexible as needs change
Strong communication, organizational and interpersonal skills with the confidence to engage professionally and persuasively with the portfolio management team and senior figures within the firm
Highly organized, with attention-to-detail and excellent follow-through
Proven ability to build global relationships and communicate complex issues to a broad range of stakeholders with differing levels of product experience
Ability to multi-task and work well in a fast-paced team environment and demonstrate a high level of self-motivation
Proficient knowledge and understanding of financial markets and products

Responsibilities

Oversee the fund launch process for new investment products and distribution opportunities, change events, restructures, and terminations through the lifecycle of our funds, acting in the capacity of a project manager, coordinating multiple teams to meet tight deadlines
Liaise with external counterparties (custodian, prime broker etc.) to enable connectivity, establish operational flows and respond to service requests and inquiries
Collaborate with internal business groups, internal operations teams, external managers, and custodians to facilitate new investments into GSAM
Serve as the central point of contact for a number of funds, responding to stakeholder inquiries, problem-solving issues and understanding the various components of the fund’s operations
The Portfolio Servicing team is responsible for maintaining the investment book of record of a diverse set of funds including mutual funds, hedge funds and ETFs, paying close attention to detail and ensuring portfolio managers are receiving accurate data to make investment decisions
Engage with and serve on internal governance committees responsible for various stages in the fund lifecycle
Have a strong focus on risk management, escalating issues in a timely manner to the appropriate audiences
Explore solutions to improve fund operations that leverage business intelligence, low code automation, industry utilities, and external vendor solutions
Uplift strategic workflow infrastructure to bring additional control to launch and change events
Facilitate meetings, curate agendas and arrange presenters, collate materials, communicate with directors, and run meetings for the funds’ boards of directors
Perform expense analysis to maximize commercial benefit for decisions regarding fund service providers