Asset & Wealth Management, Multi-Asset Solutions: Portfolio Construction and Manager Research, Vice President - New York

About the Role

As a member of the Portfolio Construction and Manager Research group within Multi-Asset Solutions (MAS) in Goldman Sachs Asset & Wealth Management, you will play a critical role in the success of our multi-asset platform. This position coordinates closely with MAS’ research and client teams, as well as product teams across the Asset & Wealth Management division. The role focuses on manager research within MAS’ model delivery business for the US Third Party Wealth channel and is highly analytical and detail-oriented.

Responsibilities

• Research and drive portfolio construction best practices for multi-asset portfolios, including risk budgeting, active vs. passive strategies, benchmark selection, and active manager attribution.
• Advise Portfolio Managers on aligning client-specific portfolios with best practices or determining when and how to deviate, particularly within MAS' Third Party Wealth (TPW) channel.
• Develop manager selection shortlists for TPW across various asset classes, leveraging GSAM's proprietary and open architecture platform.
• Analyze client-directed managers not on GSAM's platform, assessing risk characteristics and track records, and advise Portfolio Managers on their inclusion in portfolio construction.
• Monitor and report on performance related to Portfolio Construction & Manager Research to key internal stakeholders (Portfolio Managers, Risk, CIOs) and drive action items to improve performance.
• Support the development of client materials related to portfolio construction, manager research, and performance as needed.
• Oversee the Product Catalog, MAS' repository for product and manager information, ensuring accurate modeling of managers and products, including benchmark, risk exposures, and active manager assumptions.
• Liaise with engineers to develop and enhance the Product Catalog, driving scale and efficiency across MAS, and setting priorities for development.

Qualifications

• 5 to 10 years of experience in portfolio analytics, including risk analysis, risk modeling, and familiarity with concepts such as beta, volatility, tracking error, VaR, and factor exposures.
• Detail-oriented and organized, with the ability to manage multiple tasks in a fast-paced environment.
• A self-starter able to work independently and thrive in a team environment.
• Strong risk management and control orientation.
• Excellent project management skills.
• Excellent writing and communication skills, with the ability to articulate investment strategies and rationales to audiences of varying sophistication.

About Goldman Sachs Asset & Wealth Management

Goldman Sachs Asset & Wealth Management is a leading global asset manager with over $2 trillion in assets under supervision. The division provides investment and advisory services to a diverse client base, including pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals. Multi-Asset Solutions (MAS), a key group within Asset & Wealth Management, manages customized multi-asset class portfolios and funds for institutional clients worldwide. The team specializes in strategic and dynamic asset allocation, asset-liability analysis, portfolio design, risk management, and reporting.

Pay

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

Benefits

Goldman Sachs offers competitive and valuable benefits and wellness programs for eligible employees, including health, retirement, and work-life balance offerings. These benefits are generally available to active, non-temporary, full-time and part-time US employees working at least 20 hours per week. For more details, visit the firm’s benefits summary page.