Asset Management Public-Fund Services - Public-Dallas-Associate

Goldman Sachs•Dallas, TX

4d•Onsite

About The Position

Goldman Sachs Asset Management has become one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Goldman Sachs Asset Management Operations is part of the Asset & Wealth Management Division and comprises ~1200 professionals across the globe. It consists of four broad functional areas, Client Operations, Investment Operations, Enterprise Operations and Management and Shared Services, all of whom work in a dynamic environment where control, client service and excellence in execution are fundamental principles. The global Fund Services team sits within Client Operations with team members located in New York, Salt Lake City, London, Dublin, The Hague, Singapore, and Tokyo. The team is primarily responsible for facilitating new business and product expansion via project management of new fund launches, ongoing platform maintenance via co-ordination of fund mergers, fund terminations, restructures, other fund change events and regulatory uplifts, and acquisition integration through fund onboarding, consolidation and restructuring. The team interacts very closely with the Funds’ external service providers (including Custodian and Fund Administrators), as well as with all internal teams connected with design, setup, operation, and oversight of the Funds. The role will be varied and will allow the candidate to interact with a wide range of internal and external teams and be involved in a diverse range of tasks and projects. The funds’ range includes both traditional and alternative investment vehicles such as Luxembourg-based SICAVs, Money Market Funds, ETFs and other Mutual Funds, through to complex private equity fund of funds structures, all of which are distributed to the firm’s global client base.

Requirements

Bachelor’s degree or equivalent, with relevant industry experience
2 to 4 years of relevant experience in Asset Management and exposure to alternative fund events
Knowledge of fund administration and compliance standards
Must work well in a team but also exhibit strong leadership capabilities to help drive solutions to complex issues
Attention to detail but also can see the bigger picture and manage competing priorities
Ability to develop strong relationships with key stakeholders and delegates across the organization
Ability to make informed autonomous decisions whilst delivering multiple projects to tight deadlines
Strong organizational, business writing, communication and time management skills
Desire to continually learn and ability to manage multiple priorities

Nice To Haves

Private markets, alternative investment funds, & registered products experience preferred though not required

Responsibilities

Effectively contribute towards the Asset & Wealth Management division product expansion initiatives by project managing fund launches and other fund change events for US and International funds.
Work closely and develop strong working relationships with the Portfolio Management, Product Development, Sales, Operations, external vendors and various Federation teams to agree on product design expectations, fund features and establishing support models.
Develop a strong understanding of our Asset Management Business, and the investment products on offer.
Project manage and execute fund change events such as fund launches, terminations and other fund restructure events.
Manage the fund event workflow utilizing in-house workflow tools.
Engage in discussions to tackle various challenges to effectively meet design, portfolio manager and client needs.
Facilitate internal systems and external system setups.
Draft and agree investment trade flows making sure all Operational systems are ready for trading.
Define and get approval for seed capital requirements.
Obtain internal and external fund and share class identifiers.
Ensure fund registration & governance requirements are in place prior to fund launch.
Lead or assist with various projects including technology initiatives to uplift our infrastructure, driving workflow scalability, improving controls and reducing time to market.