Asset & Wealth Management, Alternative Capital Markets, Associate - New York

Goldman Sachs•New York, NY

7h•Onsite

About The Position

Alternative Capital Markets is seeking an Associate to join their team in New York City. Wealth Management at 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. Alternative Capital Markets (ACM) is a global team with 80+ alternative investment professionals across eight offices (New York, Albany, Dallas, London, Zurich, Hong Kong, Singapore, and Shenzhen), responsible for over $120B+ in AUS, serving institutions, foundations, family offices, high net worth and ultra-high net worth individuals. ACM is the architect of the Wealth Alternatives platform including private equity, growth / venture capital, private credit, private real estate, hedge funds, co-investments and impact private investing. These offerings include AM Private, XIG, and third-party external investment strategies, as well as differentiated private company access via both internal and external referrals. ACM’s full-service capital markets business covers the entire lifecycle of an alternative investment, from investment sourcing to client solutions, as well as a new discretionary offering enabling programmatic platform access, an in-house liquidity platform for clients (qualified matching service, or QMS), and dedicated platform management and strategy.

Requirements

Bachelors Degree or Higher
Deep understanding of financial markets and investment instruments
3+ year’s experience in wealth management, asset management, investment banking, or private equity
Strong quantitative, analytical and problem-solving skills
Team player, with excellent communication and interpersonal skills
Sophisticated and tactful client manager who can effectively manage the entire investor lifecycle
Strong ability to multi-task, with an ability to manage multiple projects with different deadlines
Self-starter, with ability to work both independently and in a team-oriented environment and across group functions
Solid work ethic, motivation level, and strong attention to detail
SIE, Series 7, and Series 63 (must be obtained within 3 months)

Responsibilities

Help establish and manage GS ACM relationships with external managers, with a particular focus on private equity, including new product development and coordination of external sales professionals, as well as source, diligence and originate new alternative investment offerings to meet client demand and address current market opportunities
Serve as an alternative investment strategist, helping establish GS Wealth house view on current private market trends / opportunities and providing insight to clients and internal GS constituents
Help provide input on ACM sales strategy across client segments, advising on growth strategies for new offerings / solutions, and develop segment specific fundraising strategies
Help lead marketing of alternative investment offerings for buyout across GS client segments and regions including managing overall fund raising activity, developing marketing collateral / strategy pitch and engaging advisors / clients by organizing road shows / events / campaigns
Lead client portfolio reviews, including alternative portfolio analysis / implementation guidance, as well as provide performance attribution and fund commentary
Help drive education of alternative investment themes and portfolio implementation for all GS client segments and regions by coordinating across ACM, GS CIO, GS investment teams and external managers to provide best-in-class thought leadership