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.
Job Summary & Responsibilities: The Fixed Income ETF Portfolio Management team is part of the broader Global Fixed Income group and is responsible for the oversight, implementation and management of $9 billion of ETF assets across passive and active portfolios. This individual will work closely with fixed income sector teams, technology/engineering, product development, and distribution, and will play a key role in the growth and development of the fixed income ETF range.
Principal responsibilities include: - Portfolio management - responsible for oversight and management of ETF portfolios, including portfolio risk positioning, cash positioning, and compliance monitoring
- Primary market - facilitate primary market creation and redemption activity across the ETFs, including portfolio optimization, trade construction, and negotiation with authorised participants
- Enhance ETF platform and process - collaborate in a team environment with engineers/strats, portfolio managers and contribute to the enhancement of our fixed income ETF infrastructure
- Portfolio construction - enhance systematic portfolio construction techniques to improve existing processes for existing and new products
- Product support - act as liaison between distribution channels and portfolio managers; assist in responding to queries from sales, Requests for Proposals, provide internal training opportunities
- Develop relationships - collaborate and build relationships with internal and external stakeholders in the ETF ecosystem, including APs and market makers, custodian, capital markets, operations, and sales
Preferred Qualifications and Experience - 6+ years of practical experience in quantitative portfolio construction / management related activities; knowledge of portfolio optimisation is a plus
- Deep subject matter expertise across global fixed income markets
- Knowledge of ETF primary mechanics, including creation/redemption, custom baskets and portfolio rebalancing
- Critical thinking including a passion to continuously improve existing processes in a scalable manner
- Strong interpersonal skills: Build trust and confidence of colleagues, strengthen relationships through dialog and interactions, and collaborate well with others internally to deliver platform success
- Strong written and oral communication skills
- Experience in programming is a plus (Python)
- Strong skills in MS Office (Excel, Powerpoint and Word)
- Bachelor's degree or equivalent
- CFA or work toward CFA is a plus
