Asset & Wealth Management - San Francisco - Associate, Financial Investment Professional - 9870817

Goldman Sachs • San Francisco, CA

1d • Onsite

About The Position

The Associate, Financial Investment Professional role at Goldman Sachs & Co. LLC in San Francisco, California, involves leading multi-asset investment research and portfolio analytics. This includes developing investment theses, monitoring market indicators, and building models to assess various financial metrics. The role requires analyzing portfolio performance, conducting risk/return diagnostics, and recommending asset allocation adjustments. Responsibilities also include overseeing portfolio implementation, managing daily rebalancing, cash management, and coordinating execution across different asset classes. A key aspect is designing and executing tax-aware implementation strategies, such as tax-loss harvesting, while maintaining documentation. The position also entails performing due diligence on various securities and investment vehicles, developing analytical tools and dashboards, and enhancing model governance and process efficiency. The Associate will serve as an analytical point of contact for account inquiries and synthesize research into client-ready materials, coordinating with internal stakeholders to ensure adherence to investment policies and client guidelines.

Requirements

• Master’s degree (U.S. or foreign equivalent) or Bachelor’s degree (U.S. or foreign equivalent) in Finance, Economics, Business Administration, or related field
• One (1) year of experience (with a Master’s) or three (3) years of experience (with a Bachelor’s) in the job offered or in a related role.
• Building diversified portfolios based on client-specific risk profiles and investment objectives, utilizing various asset allocation models and optimization techniques.
• Creating and interpreting financial models to evaluate investment opportunities, assess portfolio risk, and forecast future performance, using software and tools for quantitative analysis, producing balance sheets, implementing structured products, and identifying tax-loss harvesting opportunities.
• Executing trades across various asset classes (such as equities, fixed income, and derivatives) using trading platforms and order management systems, while adhering to best execution practices and regulatory requirements.
• Accurately measuring and reporting portfolio performance, calculating risk-adjusted return metrics, and effectively communicating results to clients and internal stakeholders.

Responsibilities

• Lead multi-asset investment research and portfolio analytics, developing investment theses, monitoring macro and market indicators, and building models to evaluate expected returns, volatility, correlations, factor exposures, drawdowns, and liquidity to inform strategic and tactical positioning.
• Analyze portfolio performance versus benchmarks and peers, conduct risk/return diagnostics and performance attribution, recommend asset allocation and implementation adjustments based on quantitative and qualitative research, and prepare investment memos and periodic reports for internal stakeholders and sophisticated clients.
• Oversee portfolio implementation within investment guidelines, including daily rebalancing, cash management, and execution coordination across equities, fixed income, funds/ETFs, derivatives, and SMAs and generate and review trade lists and ensure accurate booking and reconciliation with Operations and Compliance.
• Design and execute portfolio-level tax-aware implementation strategies (e.g., rules-based tax-loss harvesting), ensuring optimization relative to risk constraints, cost, wash-sale rules, and benchmark tracking and maintain documentation of methodology and outcomes.
• Perform due diligence on securities and investment vehicles, including structured notes and alternative strategies (buyout, growth, secondaries, opportunistic, distressed, venture), assess strategy fit, historical performance drivers, risk controls, fees, liquidity, and operational considerations, and prepare comparative analyses and recommendations for internal review.
• Develop and maintain analytical tools, datasets, and dashboards for performance, risk, factor, and exposure monitoring, enhance model governance, automation, and process efficiency, and lead cross-functional projects to improve research quality and operating controls.
• Serve as the analytical point of contact for investment-related account inquiries and synthesize research and portfolio analytics into client-ready materials (performance reviews, allocation rationales, implementation plans) and coordinate with internal stakeholders to ensure adherence to investment policies and client guidelines, including monitoring and funding of external capital calls.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level