Asset & Wealth Management, Fixed Income: Portfolio Construction and Risk, Vice President

• Asset & Wealth Management, Fixed Income: Portfolio Construction and Risk, Vice President
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New York, New York, United States

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Opportunity Overview

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CORPORATE TITLE

Vice President

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OFFICE LOCATION(S)

New York

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JOB FUNCTION

• Investing & Portfolio Management - Public
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DIVISION

Asset & Wealth Management

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SALARY RANGE

USD 125,000 - 290,000

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Asset & Wealth Management Overview

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 $3 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.

Fixed Income & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

Role Overview

Fixed Income Portfolio Construction & Risk is a dynamic and cross-functional first-line risk team, integral to GSAM's Fixed Income & Liquidity Solutions business. The team is responsible for:

Proactively monitoring portfolio positions, risk exposures, and performance across all fixed income mandates to ensure alignment with client objectives.

Acting as a key partner to the fixed income CIO by sharing insights and escalating risks as needed.

Overseeing investment processes across all desks and collaborating with senior PMs to drive process improvement.

Owning and improving proprietary fixed income risk model.

Establishing the platform's risk framework and thresholds.

Responsibilities

We are looking for driven problem solvers with excellent teamwork skills and a demonstrated ability to work independently:

Partner with investors, client portfolio managers and traders in the development and implementation of the platform's top-down risk allocation framework.

Conduct continuous, in-depth risk monitoring of all GSAM Fixed Income mutual funds and managed accounts, developing a holistic view of risk exposures and performance drivers across the platform.

Actively contribute to a global team, delivering actionable insights and collaborating on strategic, long-term projects to drive business growth and innovation.

Engage with quantitative strategists to enhance the proprietary risk model and optimize risk processes.

Qualifications

• Quantitative background, preferably a bachelor's degree in a quantitative field such as Mathematics, Economics, Statistics, Engineering (minimum a minor), or related discipline.
• A minimum of 5 years of experience in fixed income investment risk, or a related analytical or investing role.
• Highly collaborative team player that can form strong working relationships with global team members.
• A self-starter with strong analytical skills; ability to tackle complex, open-ended problems with intellectual curiosity, and break them down to solvable steps.
• Excellent written and verbal communication skills, with experience presenting to senior stakeholders.
• Proficiency in Microsoft Office Suite, particularly advanced Excel skills.
• Experience with programming languages (e.g., Python, VBA, SQL) for data analysis and process automation is a bonus.

Salary Range

The expected base salary for this New York, New York, United States-based position is $125000-$290000. 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.

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

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