Asset & Wealth Management, Public, Fixed Income Rates, Associate, New York

Goldman Sachs
New York, USA
Apr 29, 2023
May 10, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm's primary investment area, we provide investment and advisory services for some of the world's leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. 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. We are:
  • Investors, spanning traditional and alternative markets offering products and services
  • Advisors, understanding our clients' priorities and poised to help provide investment advice and strategies that make sense for their portfolios
  • Thought Leaders, providing timely insights across macro and secular themes to help inform our clients' investment decisions
  • Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals
The Fixed Income team manages over $500 billion for institutions, high net worth individuals and mutual fund investors. Our global investment process is coordinated across geographic regions with representation in New York, London, Tokyo, Singapore, Sydney and China. Diversity is at the core of our ability to serve our clients and we make an unusual effort to identify and recruit the best person for every job.

The Government/Swap team is a Portfolio Management and Trading team within Goldman Sachs Asset Management's Fixed Income group with responsibility for executing developed market interest rate derivatives, government bond and futures trades across Asset & Wealth Management portfolios as well as identifying and implementing relative value strategies using these products. The team currently has a presence in London, New York and Singapore and is looking to hire in our New York office at the Associate level.

Key Responsibilities:
  • Cash management, duration hedging, portfolio rebalancing and associated tasks on a daily basis
  • Data and portfolio integrity management
  • Portfolio construction, execution and management of trades for developed market interest rate strategies
  • Provision of market color and dynamics to the global team
  • Driving innovation through process enhancements
  • Development and management of market counterparty relationships
  • Identifying and implementing security selection and relative value opportunities
  • Bachelor's Degree Required; Strong academic track record
  • Relevant investment management or sell-side experience an advantage, but not essential
  • Excellent analytical and quantitative skills
  • Highly motivated with drive, determination and enthusiasm to excel in a trading role
  • Attention to detail
  • Demonstrable interest in financial markets
  • Time management and organizational skills
  • Strong communication and interpersonal skills
  • Passion for excellence, integrity and collaboration
  • Ability to build relationships with key internal and external stakeholders, including within the Global Fixed Income Portfolio Management experience
  • Familiarity with interest rate derivative products and pricing is an advantage but not essential
Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

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 .
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