Asset & Wealth Management, Private Wealth Management, Financial Analyst - Philadelphia

Goldman Sachs•Philadelphia, PA

1d•Onsite

About The Position

We are seeking Financial Analysts who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business. Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond. Our Financial Analysts provide relationship management and support to PWM by monitoring portfolio holdings, analyzing asset allocations, researching potential investments, understanding financial market developments and trends, and executing trades while gaining a broad-based understanding of the asset management business.

Requirements

Ability to work in a fast-paced environment and think clearly under pressure
Strong interest in the financial markets and good investment sense/commercial instinct
Ability to multi-task and work with numerous colleagues and desks across the Firm
Strong verbal and written communication skills
Strong organizational and interpersonal skills
SIE, Series 7 and 63 required (must be obtained within three months of employment)

Responsibilities

Work closely with Private Wealth Advisors to assist with relationship management and investment processes for high net worth and ultra-high net worth clients, family offices, university endowments, and nonprofits
Monitor client portfolios to assess manager performance, identify re-balancing opportunities and recommend tactical investment ideas
Create asset allocation proposals for new clients across a broad spectrum of managers, styles and vehicles to conform with client risk profiles and investment objectives, as well as the firm’s strategic views
Prepare client-facing materials depicting asset allocation, portfolio and risk analytics, historical performance, and economic and market reviews
Diligence internal and third-party investment opportunities across the public and private markets
Synthesize research material and communicate firm views to clients
Support business development efforts by researching qualified prospects and tracking relevant capital raises
Help execute trades on behalf of clients in a variety of products including equities, equity options, fixed income, and currencies