Asset & Wealth Management, Fixed Income- Securitized Credit, Associate, New York
- Employer
- Goldman Sachs
- Location
- New York, USA
- Salary
- Competitive
- Posted
- Apr 28, 2023
- Closes
- May 03, 2023
- Ref
- 19190523
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Asset Management 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 Asset Management Division also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, we provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, our business operates on a global platform.
Fixed Income seeks to uncover opportunities across borders and in under-researched markets. We use independent specialist teams for bottom-up and top-down decisions, and for generating strategies within their areas of expertise. The Fixed income team includes money market products, central funding and liquidity management businesses
Part of the Fixed Income business, the Securitized Credit Investment team is seeking a junior portfolio manager at the Associate level in New York, NY. The successful candidate will be an integral part of the portfolio management team in New York- gaining exposure to ABS, CMBS, CLO and RMBS markets. The role places an emphasis on supporting the team's portfolio management and trading efforts, and entails considerable interaction with sell-side counterparties, operations, and technology.
KEY RESPONSIBILITIES
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 .
Fixed Income seeks to uncover opportunities across borders and in under-researched markets. We use independent specialist teams for bottom-up and top-down decisions, and for generating strategies within their areas of expertise. The Fixed income team includes money market products, central funding and liquidity management businesses
Part of the Fixed Income business, the Securitized Credit Investment team is seeking a junior portfolio manager at the Associate level in New York, NY. The successful candidate will be an integral part of the portfolio management team in New York- gaining exposure to ABS, CMBS, CLO and RMBS markets. The role places an emphasis on supporting the team's portfolio management and trading efforts, and entails considerable interaction with sell-side counterparties, operations, and technology.
KEY RESPONSIBILITIES
- Work with portfolio managers to help implement current investment views across ABS, CMBS, CLOs and RMBS, including sizing of positions across accounts with varying objectives and constraints
- Work with portfolio managers to build and monitor risk in portfolios, including management of cash flows, new idea generation and research
- Allocate, execute, and reconcile trades
- Maintain and rebalance portfolios across Securitized strategies
- Work with technology and strategy teams to increase automation, improve quality of data, and create new trading tools
- Update and maintain reports for weekly/bi-weekly strategy meetings
- Bachelor's degree or equivalent
- Strong quantitative and analytical skills, with excellent attention to detail
- Knowledge of and interest in fixed income and credit markets
- Highly motivated with the ability to work independently as well as thrive in a fast-paced team environment
- Curiosity, strong critical thinking skills, and passion for problem-solving
- Strong interpersonal and communication skills (written and verbal)
- Proficiency in MS Excel and PowerPoint
- Investment management or sell-side experience desirable
- CFA study
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 .