At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
Goldman Sachs Asset Management is one of the world's leading investment managers and our mission is to help our clients achieve their investment goals. In addition to traditional products (e.g. Equities, Fixed Income) our product offering includes Hedge Funds, Private Equity, Fund of Funds, Quantitative Strategies, Fundamental Equity and a Multi-Asset Pension Solutions Business. Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.
Responsibilities and Qualifications
The Portfolio Servicing team is responsible for the full front-to-back operational support of Asset Management's fund complex. Goldman Sachs Asset Management manages ~$1 trillion across more than 1,000 funds, distributed to clients across our client base. The Portfolio Servicing team has primary responsibility for all aspects of portfolio accounting, cash management, and serves as the single point of contact for all operations related inquiries.The group supports the portfolio management team by providing accurate and timely account information and overseeing all aspects of operational risk across portfolios.
Portfolio Servicing is looking for an experienced operations professional at the Associate level to join our growing team in Dallas, Texas.
Responsibilities
- Oversee the fund launch process for new investment products and distribution opportunities, change events, restructures, and terminations through the lifecycle of our funds, acting in the capacity of a project manager, coordinating multiple teams to meet tight deadlines
- Liaise with external counterparties (custodian, prime broker etc.) to enable connectivity,establish operational flows and respond to service requests and inquiries
- Collaborate with internal business groups, internal operations teams, external managers, and custodians to facilitate new investments into GSAM
- Serve as the central point of contact for a number of funds, responding to stakeholder inquiries, problem-solving issues and understanding the various components of the fund's operations
- The Portfolio Servicing team is responsible for maintaining the investment book of record and ensuring portfolio managers are receiving accurate data to make investment decisions
- Engage with and serve on internal governance committees responsible for various stages in the fund lifecycle
- Have a strong focus on risk management, escalating issues in a timely manner to the appropriate audiences
- Explore solutions to improve fund operations that leverage business intelligence, low code automation, industry utilities, and external vendor solutions
- Uplift strategic workflow infrastructure to bring additional control to launch and change events
- Facilitate meetings, curate agendas and arrange presenters, collate materials, communicate with directors, and run meetings for the funds' boards of directors
- Perform expense analysis to maximize commercial benefit for decisions regarding fund service providers
Qualifications
- Bachelors degree required
- 3-5 years of professional experience, working within a Project Management or Middle Office function preferred
- Must be able to handle multiple, complex tasks, prioritize effectively and be flexible as needs change
- Strong communication, organizational and interpersonal skillswith the confidence to engage professionally and persuasively with the portfolio management team and senior figures within the firm
- Highly organized, with attention-to-detail and excellent follow-through
- Proven ability to build global relationships and communicate complex issues to a broad range of stakeholders with differing levels of product experience
- Ability to multi-task and work well in a fast-paced team environment and demonstrate a high level of self-motivation
- Proficient knowledge and understanding of financial markets and products
ABOUT GOLDMAN SACHS
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. Were 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
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