Asset Management Division, GSAM, Fixed Income Corporate Credit, Portfolio Construction, Analyst - London/New York
Location: London, United Kingdom
Type: Full Time
Internal Number: 14323772
GOLDMAN SACHS ASSET MANAGEMENT (GSAM)
Goldman Sachs Asset Management (GSAM) is one of the world's leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today's dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world's leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. GSAM Fixed Income: Corporate Credit team The Global Fixed Income and Liquidity Solutions team within GSAM is a global leader among Fixed Income Managers, with over $1 trillion in assets under supervision. We have a variety of mandates including institutional portfolios, high net worth accounts and mutual funds. We use fundamental and quantitative analyses to generate micro and macro insights, and combine these with thoughtful portfolio construction and rigorous risk management in order to achieve client outcomes. The Corporate Credit group with GSAM Fixed Income manages over $300bn of investment grade, high yield and loan assets and comprises of approximately 70 investment professionals with coverage of >2,000 companies globally.
RESPONSIBILITIES AND QUALIFICATIONS The portfolio construction specialist will be based in either our New York or London office, and will be an integral part of the Corporate Credit investment team. She / he / they will work closely with portfolio managers, traders, research analysts and other portfolio construction specialists in order to facilitate the ongoing construction of investment grade and high yield portfolios and contribute to achieving our clients' goals. Role Responsibilities:
Work with portfolios managers and traders to help implement current investment views, including sizing of positions across accounts with varying objectives and constraints
Create and maintain a robust process to ensure individual positions aggregate up to provide the desired portfolio attributes in line with PMs' strategic and tactical market views
Regularly review portfolio characteristics (e.g. beta, carry, convexity and other structural risks), cash levels, and account consistency; make recommendations to Investment Grade and High Yield PMs
Proactively carry out quantitative and qualitative analyses of credit markets to identify opportunities and risks
Monitor and evaluate portfolio attribution on a regular basis
Develop analytics and help to design new tools that support portfolio management and construction, including user testing of new tools and ensuring data integrity of existing tools
Prepare materials to facilitate relevant portfolio construction discussions
Perform topical analyses as market and client opportunities arise
Collaborate with other Fixed Income teams (Cross-Sector, Macro and other Selection teams) to ensure portfolio positioning reflects broader Fixed Income views
Qualifications and Preferred Skillset:
Bachelor's Degree or equivalent required. CFA study preferred
Strong quantitative and analytical skills, with excellent attention to detail
Experience with data analysis and knowledge of Excel and Python (or equivalent programming language)
Knowledge and understanding of Fixed Income and Credit markets
Experience with or understanding of portfolio construction, trading or risk management techniques is preferred
Highly motivated with the ability to work independently as well as thrive within a fast-paced team environment
Curious individual with strong initiative and critical thinking skills who enjoys problem-solving .
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.
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