Asset & Wealth Management, Fixed Income Insurance Lead Portfolio Manager, Associate, New York

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

The Fixed Income Insurance Asset Management team provides customized investment solutions for life, health, property and casualty and reinsurance companies. Portfolio management team is responsible for managing insurance clients' assets in fixed income markets and provide tailored solutions to achieve each client objectives. In addition, the portfolio management teams collaborate with clients on topics including asset allocation, risk budgeting, portfolio optimization. Globally focused, our insurance team manages insurance assets for clients across North America, Bermuda, Europe, Asia and the Middle East.

YOUR IMPACT

Are you a motivated, quick-thinking, collaborative individual with a passion for asset management, looking for the opportunity to build and develop relationships with an existing client base and support a fast-paced team? We are seeking a driven professional with strong communication skills and the ability to thrive in a dynamic environment. This individual will work closely with senior team members to manage, enhance and develop client portfolios.

OUR IMPACT

Asset Management is one of the world's leading investment managers. The business provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today's dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world's leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

The Fixed Income Insurance Asset Management team provides customized investment solutions for life, health, property and casualty and reinsurance companies. Portfolio management team is responsible for managing insurance clients' assets in fixed income markets and provide tailored solutions to achieve each client objectives. In addition, the portfolio management teams collaborate with clients on topics including asset allocation, risk budgeting, portfolio optimization. Globally focused, our insurance team manages insurance assets for clients across North America, Bermuda, Europe, Asia and the Middle East.

Responsibilities

• Ensure clients' needs are met by maintaining accounts, managing cash and instructing trades
• Work closely with senior LPMs to develop trade ideas to enhance portfolio composition and income profile
• Facilitate implementation of trade programs, working with sector PMs and traders
• Collaborate with Client Relationship Managers, to address bespoke and recurring requests
• Partner with Portfolio and Product Manager(s) to prepare and review materials for recurring or bespoke client meetings
• Identify and escalate any sensitive client issues to senior team members; coordinate a timely response to the client
• Coordinate with key stakeholders across the Division including Portfolio Managers, Product Managers, Legal, Technology, Operations and Compliance with a common goal of meeting clients' needs
• Liaise with technology and starts teams to improve our process and test new technology solutions

Qualifications

• 3+ years of work experience in asset management or capital markets, preferred
• Knowledge of, and passion for, the asset management business and capital markets
• Highly organized with exceptional attention to detail and excellent follow-through
• Strong knowledge and appreciation for processes around operational nuances as well as portfolio management metrics
• Positive attitude and strong work ethic
• Strong interpersonal skills: Ability to build trust and confidence of colleagues, strengthen relationships through ongoing dialog and interactions, and collaborate well with others
• Strong written and oral communication skills
• Ability to work well in a fast-paced team environment
• Strong skills in MS Office (Excel, PowerPoint and Word)
• Undergraduate degree in business or finance related studies, preferred

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$170000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

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 .