Wealth Management 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 Portfolio Management Group (PMG) is a dedicated and experienced team that is responsible for managing multi-asset class discretionary mandates for PWM clients. This team brings together the independent investment strategy of the Investment Strategy Group (ISG), a rigorous investment process and a broad range of implementation options, enabling them to construct customized risk-focused portfolios. The role is primarily to assist with the ongoing portfolio management of our multi-asset class client portfolios; monitoring the asset allocation, manager or risk exposures and implementation in accordance with the risk/return objectives of the agreed mandate. Candidate will also need to proactively think about potential adjustments within the portfolios and come up with suggestions to enhance manager offerings on the broader PWM platform. How you will fulfil your potential
Assist in the portfolio management of existing client portfolios involving areas such as portfolio construction, investment manager/vehicle selection, monitoring and rebalancing
Manage all operational aspects of client accounts, including account setup, trading, position reconciliation and capital calls
Executing and booking of trades in equities, bonds, mutual funds, FX & alternative investments, including hedge funds and private equity
Ability to discuss the financial markets and investment portfolio with clients
Creation/maintenance of marketing materials, quarterly reviews, portfolio analytics and performance attribution.
Contribute to a range of PMG-specific projects related to new fund launches, building infrastructure, technology development and general policies / procedures
For all of these activities, work in conjunction with other areas of ISG and the broader firm, including Asset Management, Legal, Compliance and Technology teams
Skills and Experience we're looking for
Knowledge of the various asset classes in a portfolio
Strong combination of analytical, organization and interpersonal skills
Attention to details, patience, and ability to multi-task under pressure
Solid research skills
Strong written and verbal presentation skills, in both English and Chinese
Exercise good judgment and risk management
Demonstrated good commercial sense and keen interest in the financial markets
