Asset & Wealth Management, Multi-Asset Solutions: Model Portfolios - Client Portfolio Manager, Vice President

Goldman Sachs•New York, NY

17h

About The Position

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within Asset & Wealth Management (AWM) at Goldman Sachs. It designs and develops comprehensive investment management solutions customized to meet the investment objectives for clients. These solutions bring together state-of-the-art techniques for multi-asset portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS invests or advises on assets for some of the world’s leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, family offices, RIAs and other wealth advisors. We are seeking a Vice President to serve as a Client Portfolio Manager (CPM) to support the Goldman Sachs US Multi-Asset Solutions (MAS) model portfolio business. This is a role that is client facing and combines expertise in investments, the retail asset management industry, and business commerciality in a high-growth, high-visibility area of the firm. The CPM will represent the GSAM model portfolios and our platform investment views in client meetings, on advisor webinars, and at industry conferences. As a CPM, this individual will be responsible for multi-asset model portfolio investment content & thought leadership designed to promote our models within the Financial Advisor ecosystem as well as support our models specialist sales team in the field.

Requirements

Minimum Bachelor’s degree (U.S. or equivalent), CFA or MBA strongly preferred
8 to 12 years of relevant experience
Intermediary / Retail Asset Management / Models experience a must
Experience crafting model portfolio marketing narratives for a retail FA audience
Experience leveraging AI to build scale into content strategy strongly preferred
Series 7 and Series 63 licenses are required (and will be sponsored by the firm if not already completed)
Investment credibility through previous product or portfolio management experience in at least one asset class
Knowledge and appreciation for processes around operational nuances as well as portfolio management metrics
Experience of pitching to and advising clients, preference for experience with RIA C-Suite
Excellent written and verbal communication and interpersonal skills, especially the ability to explain complex technical concepts in simple terms
Strong work ethic and a commercial perspective
Strong technical skills including high level of proficiency in Microsoft Excel and PowerPoint, and familiarity with industry data through such sources as Morningstar Direct, Cerulli, PSN, Bloomberg, and FactSet.

Responsibilities

Represent the MAS PM team as a models expert by delivering portfolio construction expertise, education, and market insights through the presentation of GS Multi-Asset Solution Models content in client meetings and other events
Collaborate with portfolio managers, internal research teams, and sales and marketing to create thought leadership and determine and execute best vehicle for delivery (webinar, blog posts, white papers, etc.)
Develop multi-asset portfolio content strategy geared toward the Financial Advisors community and work on commercial narratives for the models specialist sales team
Work closely with the MAS CIOs and research team to create timely market driven content around major market or macroeconomic events (Desknotes, CIO Notes)
Keep abreast of industry research and communicate findings to proactively stay ahead of major trends in the model’s industry
Work cross-divisionally with sales, research, and other investment centers to drive forward major models initiatives across investments, marketing, sales, and technology
Provide deep expertise on our approach to portfolio construction, asset allocation, and product selection across asset classes and product wrappers (ETF, MF, SMAs, alts)
Develop client relationships and win new custom model mandates through consultative engagement with the goal of understanding client investment needs and proposing appropriate portfolio solutions
Share our views on macro and markets and becoming an essential partner and key input to the RIAs investment teams
Work with distribution channels, senior MAS portfolio managers, and portfolio consultants to drive business opportunities from pitching our capabilities to coordinating model delivery and content strategy
Serve as a GS Models expert by delivering Portfolio Construction expertise, education, and market insights through the presentation of GS Multi Asset Solution Models content in client meetings and other events
Drive commercial outcomes through client engagement, including client calls/meetings and creating and delivering client proposals (i.e. for custom models)
Serve as product expert and point-of-contact on GSAM custom models to clients and when working with our sales partners in the field
Work closely with GSAM research teams, portfolio managers, and the models specialist sales team to prepare model portfolio marketing materials (trade alerts, quarterly commentaries, CIO notes, market driven content)
Work with investment teams to identify new product development opportunities in the context of rapidly evolving industry trends
Conduct competitive analyses, peer group analyses and overall market research and keep senior leadership apprised of notable developments