Asset & Wealth Management, Client Solutions Group (CSG), Portfolio Specialist, Vice President - Chicago

Goldman Sachs 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 $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. 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.

Our Impact

Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. GSAM Client Solutions Group (CSG) works to develop and execute thoughtful investment solutions for institutional clients across the globe. Our diverse institutional client base includes corporate and public pension funds, foundations and endowments, insurers, financial institutions and governments.

Within CSG, the Third Party Wealth (TPW) business markets GSAM's investment products and services to institutions, financial intermediaries and advisors. The focus is on building and maintaining long-term client relationships and communicating key themes from the firm's leading investment professionals. CSG provides investment solutions across all major asset classes (e.g., fixed income, equities and alternatives) and products including mutual funds, ETFs, separate accounts and alternative investments.

Background

Model portfolios and Separately Managed Accounts (SMAs) are two of the largest growth opportunities within the US retail marketplace.  Goldman Sachs, one of the world’s largest asset managers with an industry-leading SMA and multi-asset franchise, is uniquely positioned to capture the opportunity of jointly addressing models and SMAs.

Goldman Sachs is hiring within its Third Party Wealth (TPW) business for its Wealth Solutions team, a group whose capabilities consist of:

 

1. A range of custom portfolio solutions to help CIOs and Advisors with their core portfolio design incorporating Funds, ETFs, SMAs, Alts 
2. A suite of SMA offerings including direct indexing, active equity and fixed income SMAs 
3. An open architecture approach to TAMPs and UMA technology platforms including premier partnerships integral to the implementation of custom portfolio solutions
4. An array of analytical toolsets and capabilities enabling portfolio analysis and design

Role Overview

The Portfolio Specialist will represent Goldman’s suite of portfolio customization capabilities to large RIAs, and partner with top RIA C-Suite executives to build custom models in collaboration with our multi-asset Lead Portfolio Managers on a white labeled, open architecture platform. The Goldman platform supports a differentiated suite of model portfolios, and resulting models will marry client-specific customization with Goldman IP or their own, supported by white labeled marketing surround experience, and provide ongoing service. 

The Portfolio Specialist will leverage an array of analytical toolsets in the analysis and portfolio design process and will be knowledgeable of the latest TAMPs and UMA technology partnerships and developments in order to implement customized solutions.

The Portfolio Specialist is expected to become an essential partner to the RIA, operating as a subject matter expert across models, SMAs, portfolio construction, and technology solutions. 

Success in this role requires partnership with GSAM TPW sales teams, wealth solutions specialists, and internal investment teams while establishing strong trusting relationships with RIA CIOs, advisors, and their investment committees. Further keys to success require an ability to apply a solutions-based value proposition that harnesses the breadth of Goldman Sachs c