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.
Portfolio Management Group (PMG)
The Portfolio Management Group (PMG) is a multi-asset class investing group that sits within the Private Wealth Management Division at Goldman Sachs. PMG specializes in the discretionary management of portfolios across traditional and alternative asset classes and provides outsourced CIO services to private clients as well as select institutions.
The team leverages and combines the independent strategic and tactical asset allocation framework of the Investment Strategy Group (ISG) of Private Wealth Management, a rigorous investment process and an open-architecture investment platform, to construct customized risk-focused portfolios.
Responsibilities: The successful candidate will be a member of the investment team of PMG, responsible for management and construction of multi-asset class portfolios in line with PMG investment philosophy, client guidelines and regulatory constraints. The individual will work with the team to clearly communicate the investment process to clients and internal stakeholders alike, with a focus on the portfolio construction framework.
The individual will work closely with Private Wealth Advisors (PWAs) and their clients/prospects, focusing on developing and communicating customised asset allocation and portfolio solutions, inclusive of portfolio implementation.
How you will fulfil your potential
As a member of the firm's Discretionary Portfolio Management (DPM) team, assist PWAs in pitching for new business
Work closely with our Investment Strategy Group and the Asset Management Division to leverage existing expertise within our organization
Have a strong ability to discuss financial markets and implications on investment portfolios with clients
Develop and communicate materials for clients and prospects such as presentation books, requests for proposals and additional analyses
Contribute to client review activity and new business development across Asia
Thoroughly understand the main drivers of portfolio performance and clearly articulate them to clients and PWAs alike
Have a strong understanding and appreciation for the multi-asset class portfolio construction process and ongoing portfolio maintenance
Assist in the portfolio management of existing client portfolios involving areas such as portfolio construction, investment manager/vehicle selection, monitoring and rebalancing
Have a deep understanding of trade execution in equities, bonds, mutual funds, FX & alternative investments, including hedge funds and private equity
Have strong experience working with a team with respect to the creation/maintenance of marketing materials, quarterly reviews, portfolio analytics and performance attribution.
Work in conjunction with other areas of ISG and the broader firm, including GSAM, Legal, Compliance and Technology teams
Skills and Experience we're looking for
An experienced professional with 7-15 years in asset management preferred, with a specific emphasis on portfolio construction and DPM-related experience
Proficiency with Bloomberg, Refinitiv/Datastream, Morningstar Direct, or similar systems
Advanced grounding in fundamental investment concepts, with the analytical flexibility to evaluate strategies within a broad range of asset/sub-asset classes
Ability to communicate and market complex ideas and strategies to clients of varying levels of sophistication. The successful candidate must have the confidence and credibility to persuasively interact with colleagues, management, and clients.
A strong understanding of portfolio theory, asset allocation, risk analytics, and portfolio construction
A self-starter with the ability to work efficiently and multi-task effectively in a fast-paced and team-oriented environment
Attention to details, patience, and ability to multi-task under pressure
Strong written and verbal presentation skills, in both English and Chinese