Asset & Wealth Management, PWM, Markets Coverage Group, Associate, New York
Location: New York, New York
Type: Full Time
Internal Number: 19668191
Are you a quick-thinking self-starter with a passion for the financial markets, the desire to work closely with sales traders and portfolio managers, and the ability to think outside the box? Our Associates provide relationship management and support to clients of Goldman Sachs by monitoring portfolio holdings, analyzing asset allocations, researching potential investments, understanding financial market developments and trends, and executing trades while gaining a broad-based understanding of the asset management business. The team is seeking Associates to work in a market facing role who have the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and client service are essential to maintaining and enhancing our business.
Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.
Private Wealth Management (PWM)
Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.
The Markets Coverage Group (MCG) in Private Wealth Management offers sales and trading coverage across asset classes globally to financially sophisticated high-net-worth individuals, hedge funds, registered investment advisors, and family offices. Sales trader responsibilities include idea generation, sales and trading across the capital structure, and relationship management.
The Markets Coverage Group (MCG) spans the globe, with teams located in New York, London, Geneva and Hong Kong. This job posting is for a position located in New York where you will cover clients predominantly across the Americas.
HOW YOU WILL FULFILL YOUR POTENTIAL
Support senior sales members in managing client relationships
Generate opportunistic and long-term cross capital structure investment ideas
Write market commentary and/or consolidate GS research views for both internal and external distribution
Work with various internal research and strategy desks to gather the best ideas/views across the Firm
Execute cross capital structure trades through either desk trading systems or via other desks across the Firm
Investment modeling, structuring and analytics
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Interest in capital markets, prior experience preferred but not required
Minimum of 3-6 years of experience
Desire to work hard and develop capital markets acumen in a team environment
Ability to work in a fast-paced environment and think clearly under pressure
Ability to multi-task and work with numerous colleagues and desks across the Firm
Strong verbal and written communication skills
Strong organizational skills
Strong interpersonal skills
Series 7 and 66 required (must be obtained within three months of employment)
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. We're 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: https://www.goldmansachs.com/careers/footer/disability-statement.html
?? The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $85000-$160000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .