Asset & Wealth Management, Fixed Income, Agency MBS Portfolio Management, Vice President , New York

About the Role

Goldman Sachs Asset & Wealth Management offers a career 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 will participate in exciting investment opportunities, collaborate with talented colleagues from all asset classes and regions, and build meaningful relationships with clients.

The Fixed Income and Liquidity Solutions team 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 Securitized investment team, which oversees over $102 billion in Securitized assets globally (with over $40 billion in Agency MBS assets), is seeking a portfolio manager with deep experience in Agency Mortgages.

Responsibilities

• Generate new investment ideas through rigorous fundamental analysis across TBAs, specified pools, CMOs, and MBS derivatives.
• Work with portfolio managers and the cross-sector team to implement the Agency MBS investment process through regular research meetings, focusing on both top-down and bottom-up approaches.
• Coordinate trading activity across all Agency MBS products and account types, ensuring all relevant mandates abide by appropriate risk limits and investment guidelines.
• Manage projects with the technology and strategy teams to increase automation, improve data quality, and create new trading tools.
• Work with lead portfolio managers in developing and communicating market outlooks, recent investment decisions, and new products to current or prospective clients.

Qualifications

• Bachelor’s degree.
• 5+ years of experience in Agency MBS, either on the sell-side or buy-side.
• Significant experience as a risk taker with ownership of material investment decisions in the sector.
• Leadership experience as part of an investment or trading team.
• Excellent communication and interpersonal skills.
• Strong quantitative and analytical skills, with excellent attention to detail.
• Highly motivated, with the ability to work independently and thrive in a fast-paced team environment.
• Curiosity, strong critical thinking skills, and a passion for problem-solving.
• Significant experience with Microsoft Excel and PowerPoint.

Pay

The expected base salary for this New York, New York, United States-based position is $125,000–$290,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs provides competitive benefits and wellness offerings, including health, retirement, and work-life programs. A summary of these offerings is available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week.