IMD, PWM, Portfolio Management Group, Associate/Vice President
Goldman Sachs USA
June 24, 2018
New York, New York
MORE ABOUT THIS JOB PWM 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.
RESPONSIBILITIES AND QUALIFICATIONS JOB SUMMARY & RESPONSIBILITIES
YOUR IMPACT Do you have passion for the financial markets, the desire to work closely with clients, and the ability to think outside the box? We are seeking an Associate/Vice President who can provide support in managing multiple asset class discretionary mandates.
OUR IMPACT Goldman Sachs Private Wealth Management (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client's particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
The Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi-asset class discretionary mandates primarily for institutional clients. This team brings together the independent investment strategy of the Investment Strategy Group (ISG), a rigorous investment process and a broad range of implementation options, enabling them to construct risk-focused portfolios designed specially for each client's unique considerations. PMG is seeking an Associate/Vice President who can provide portfolio/relationship management support to Private Wealth Management (PWM) teams by focusing on client service, serving as a key liaison to Private Wealth Advisors, and assisting in managing the investment process. The individual will be a main point of contact for PWM teams with respect to new business solicitations and managing general on-going client needs. This is a client-facing role which requires comfort in presenting to audiences with varying degrees of financial sophistication. Responsibilities will include portfolio management responsibilities, management/creation of marketing materials, periodic/ad hoc reporting, and other client support functions. Travel for client-facing activities is required.
HOW YOU WILL FULFILL YOUR POTENTIAL
Serve as a client-facing contact to clients / clients' advisors
Support new business solicitations and the management of on-going client needs
Assist in managing portfolio implementations, on-boarding discussions, changes to investment management agreements
Collaborate on projects related to new business development and strategic team planning
Serve as key liaison to other areas supporting the PMG business including legal, compliance, and technology
Manage generation and presentation of client reports including quarterly reviews, performance attribution, and other ad hoc requests
Execute, process and reconcile trading and other investment related transactions
Analyze and reconcile team's business
Lead or participate in efforts to improve efficiencies
WHERE WILL YOU MAKE AN IMPACT The US Portfolio Management Group business covers clients located throughout the United States
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Minimum Bachelor's degree (U.S. or equivalent)
Demonstrated interest in and knowledge of financial markets
Excellent communication skills, both oral and written
Strong interpersonal/leadership skills and a passion to engage with clients
Must be comfortable presenting to audiences of varying sizes and sophistication
Detail orientation, patience, and demonstrated ability to multi-task under pressure
Ability to work in a fast-paced environment, handle multiple tasks concurrently, and think clearly under pressure
Collaborative and team work oriented
Proficiency in Windows Technology (Outlook, Word, Excel)
At least three years of related investment experience
FINRA Series 7 and 66 licenses (must obtain within the first 3 months)
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.