Asset & Wealth Management, Multi-Asset Solutions: Portfolio Construction and Manager Research, Vice President - New York

Goldman Sachs•New York, NY

6d•$125,000 - $290,000•Onsite

About The Position

Goldman Sachs Asset & Wealth Management is seeking a Vice President for the Portfolio Construction and Manager Research group within Multi-Asset Solutions (MAS). MAS is a multi-asset class investing group responsible for managing customized multi-asset class portfolios and funds for institutional clients. This role is critical to the success of the multi-asset platform and involves close collaboration with research, client, and product teams. The position is highly analytical and detail-oriented, focusing on manager research for the US Third Party Wealth channel.

Requirements

5 to 10 years of experience in portfolio analytics, including risk analysis and risk modeling.
Familiarity with topics such as beta, volatility, tracking error, VaR, and factor exposures.
Detail-oriented and organized with the ability to manage multiple tasks in a fast-paced environment.
A self-starter able to work independently and thrive in a team environment.
Risk management and control orientation.
Excellent project management skills.
Excellent writing and communication skills.
Ability to communicate investment strategies and rationales to audiences of varying levels of sophistication.

Responsibilities

Research and drive portfolio construction best practices for multi-asset portfolios, including risk budgeting, active vs passive strategies, benchmark selection, and active manager attribution.
Advise Portfolio Managers on aligning client-specific portfolios with best practices or deviating from them, particularly within the Third Party Wealth (TPW) channel.
Develop manager selection short lists for TPW across various asset classes, utilizing both GSAM's proprietary and open architecture platforms.
Analyze client-directed managers not on GSAM's platform, assessing their risk characteristics and track record, and advise Portfolio Managers on their inclusion in portfolio construction.
Monitor and report on performance related to Portfolio Construction & Manager Research to internal stakeholders (Portfolio Managers, Risk, CIOs), identifying and driving actions to improve performance.
Support the development of client materials related to portfolio construction, manager research, and performance.
Oversee the Product Catalog, MAS' repository for product and manager information, ensuring accurate modeling of managers and products considering benchmarks, risk exposures, and active manager assumptions.
Liaise with engineers on the development and enhancement of the Product Catalog to improve scale and efficiency across MAS, setting and driving development priorities.