Asset & Wealth Management, WIS, Equities ETF Portfolio Manager, Associate - New York
About The Position
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. The Wealth Investment Solutions team within GSAM manages over USD 375 billion across a variety of mandates including institutional portfolios, high net worth accounts, mutual funds and ETFs, using sophisticated quantitative models that have been developed in an innovative research environment. The team is one of the largest quantitative managers in the world, and is recognized as an industry leader in quantitative portfolio management techniques. The ETF Portfolio Management Team within WIS is responsible for the oversight and management of ETF portfolios, including portfolio rebalancing, cash management, risk management and other day-to-day portfolio-related activities. The ETF PM team works with ETF market makers to manage primary market creations/redemptions activity and delivering tax-efficient outcomes in the portfolios. The ETF PM team also works with the broader division in the research and development of new ETF products and strategies, enhancements to existing products, industry and competitive analysis, systems development, and other select projects.
Requirements
- Bachelor’s degree and at least 3+ years of practical experience in portfolio construction/portfolio management activities
- Working knowledge of ETF products and markets
- Experience in managing passive and active quantitative strategies, including derivatives-based strategies
- Experience in programming languages (Python and VBA) required
- Strong organizational and analytical skills, and attention to detail
- Ability to work in a fast-paced and dynamic environment
- Strong communication skills
Responsibilities
- Oversight and management of ETF portfolios
- Portfolio rebalancing
- Cash management
- Risk management
- Day-to-day portfolio-related activities
- Work with ETF market makers to manage primary market creations/redemptions activity
- Delivering tax-efficient outcomes in the portfolios
- Research and development of new ETF products and strategies
- Enhancements to existing products
- Industry and competitive analysis
- Systems development
- Other select projects
Benefits
- Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
