Asset & Wealth Management, XIG, Portfolio Strategy & Risk Management, Associate - New York

Goldman Sachs•New York, NY

23h•$100,000 - $170,000•Onsite

About The Position

The Asset & Wealth Management (AWM) division at Goldman Sachs is the firm's primary investing area, combining traditional and alternative investment capabilities to assist clients in achieving their long-term financial objectives. AWM acts as a fiduciary, managing investments for a diverse client base including pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals. With approximately $3.6 trillion in assets under supervision, AWM leverages global scale and a culture of partnership, client service, integrity, and excellence to deliver strong investment outcomes. The External Investing Group (XIG) within AWM provides clients with investment and advisory solutions across various asset classes and manager types, including hedge funds, private credit, private equity, real estate, public equity, fixed income, and ESG strategies. XIG manages diversified programs, sector-specific strategies, and customized portfolios, offering manager diligence, portfolio construction, risk management, and liquidity solutions. With over 400 professionals in 13 offices globally, XIG advises on over $400 billion in alternative investments, public equity, and fixed income strategies for a wide range of institutional and high-net-worth clients. The team values diversity of thought and professional experience.

Requirements

5+ years of experience in asset management, investment banking, consulting, or a related field
Strong analytical and quantitative skills to develop data-driven portfolio decisions.
Excellent presentation, communication, and writing skills to deliver clear recommendations to the Portfolio Strategy and Risk Management team.
Demonstrated work ethic, attention to detail, and ability to collaborate effectively with colleagues across varying levels of seniority in a team-oriented environment.

Nice To Haves

experience in portfolio construction and risk management preferred

Responsibilities

Lead quantitative and qualitative portfolio analysis to support portfolio and risk management for private market fund-of-funds and custom client portfolios.
Conduct portfolio modeling to guide portfolio construction and leverage strategy; enhance portfolio management by analyzing proprietary data and contributing to broader portfolio analysis.
Lead fund financing modeling and evaluate impacts on investor performance and leverage strategy.
Present portfolio analysis and data-driven recommendations in Portfolio Strategy and Risk Management meetings; lead strategic initiatives and projects related to portfolio and risk management.
Perform detailed industry research and deliver customized client solutions, ensuring accuracy in meeting client needs; assess risk factors and their impact on portfolio performance.
Collaborate with deal teams, fund financing, and sales teams on portfolio construction and fund strategy modeling.
Support fundraising activities through scenario and sensitivity analysis to inform portfolio strategy and product development.
Develop and maintain models for evergreen fund structures, including liquidity management, capital flows, and portfolio construction, to optimize long-term performance and risk-adjusted returns.
Research market developments and industry trends in evergreen fund strategies to shape strategic portfolio design and support data-driven decision-making within the portfolio strategy team.