Job Information
Goldman Sachs & Company Asset and Wealth Management- Multi-Asset Solutions Operations- Associate- New Yo in New York, New York
Asset Management Division
Multi-Asset Solutions (MAS) is a multi-asset class investing group that sits within the Asset Management Division at Goldman Sachs. It designs and develops comprehensive investment solutions customized to meet the investment objectives and relevant constraints of clients. These solutions bring together state-of-the-art techniques for multi-asset portfolio design and implementation and reflect proprietary research and analytics conducted by the MAS team. With investment professionals across the globe, MAS invests or advises on assets for some of the world's leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, and foundations.
Job Summary & Responsibilities
MAS Operations team sits within Client Operations and has primary responsibility for all aspects of portfolio accounting, cash management, client reporting, and serves as the single point of contact for all operations related client inquiries for Multi-Asset Solutions clients. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, sales and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture. The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships.
Primary Responsibilities
- Holistic ownership and understanding of client accounts from a GSAM Operations perspective by coordinating client events and issues across all operations teams and business partners, and act as a single point of contact for GSAM Operations
- Liaise with client's appointed counterparties (custodian, prime broker etc.) to enable connectivity, establish operational flows and respond to service requests and inquiries.
- Ensure accounting data accuracy, and provide monthly sign-off in order to create an controlled environment for investment management process.
- Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact
- Review account level metrics (i.e. reconciling items on cash/position reconciliations, daily corporate actions, NAV Reconciliations, failing trades, standard/non-standard reporting deliverables) as defined by operating standards and research, escalate, remediate exceptions as appropriate
- Providing effective thought leadership in navigating evolving financial regulatory landscape and helping to develop technological solutions to build appropriate architecture
Other required skills/experience:
- 3+ years of professional experience, working within an Asset Management within Operations or Accounting
- Proficient in Microsoft Office, specifically Word, Excel, and PowerPoint
- Bachelor's degree
- Be highly collaborative, team-oriented and strong consensus builder
- Attention to detail and ability to work to tight deadlines under pressure and to provide practical solutions
- Demonstrate strong communication and interpersonal skills both written and oral
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. 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.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Minimum Salary: 80000.00 Maximum Salary: 135000.00 Salary Unit: Yearly