Salt Lake City, West Palm Beach
Asset & Wealth Management
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 $2 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. 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. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth 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.
XIG Platform Management team broadly is responsible for portfolio implementation and trading, liquidity management, executing equity and currency hedging programs, portfolio construction and monitoring, external manager on-boarding, product development and launch, private market deal closings, overseeing the business control framework as well as a number of important strategic initiatives. The team works in concert with the investment and teams within XIG, and with functional teams across the AWM division including Central Trading, Fund Accounting, Operations, Technology, Legal, and Compliance. Within Hedge Fund Platform Management, specific teams focus on discrete fund management activities such as external manager onboarding performance reporting, and portfolio implementation and trading.
RESPONSIBILITIES
- Participate in hedge fund portfolio implementation and trading functions within the XIG public markets platform. Including execution of capital activity, counterparty oversight, tracking and verifying all investment activity, and enhancing existing framework.
- Manage activities across multiple teams to drive the capital activity life cycle of hybrid private equity / hedge fund vehicles.
- Support the liquidity analysis process, cash projections, credit facility management, capital activity planning, investment liquidity tracking, portfolio expense analysis and others.
- Manage investor facing capital call process for hybrid PE / HF vehicles to meet commitment obligations to underlying funds.
- Coordinate response to external hedge fund manager elections / restructurings.
- Direct internal and external processes to ensure subscriptions and capital calls are actioned accurately.
- Collaborate with internal partners and external service providers in the launch of new portfolios of hedge funds and investment structures, and client on-boarding activities to maximize operational efficiency and client experience.
- Significant interaction with senior members across the XIG hedge fund investment team, GSAM Federation and external investment managers. Responsible for building and maintaining external manager relationships throughout all investment communication and fund lifecycle engagements.
- Active involvement in XIG-wide projects, strategic initiatives, and ongoing platform innovation
BASIC QUALIFICATIONS
- 2-4 years of relevant industry experience preferably in asset management, alternative investments, or prime brokerage
- Solid understanding of alternative investment structures, strategies, and instruments
- Enthusiastic, self-starter with demonstrated orientation toward managing sensitive and business critical initiatives and negotiations
- Strong management, communication, analytical, presentation and interpersonal skills
- Proven project planning, organization, and time management skills. The candidate should able to manage multiple tasks in a fast-paced team-oriented environment
- Strong organizational skills to oversee production of a high volume of quality work within tight timeframes.
- High level of proficiency with MS Excel, PowerPoint and Word. Experience in technology projects is a plus.
- Detail-oriented. Strong attention to detail.