Asset & Wealth Management, GS Ayco Portfolio Advisory Group, Associate – Albany

Job Description

Do you have passion for the financial markets, the desire to work closely with Advisors, and the ability to think outside the box? We are seeking an Associate who can provide Advisor support on the financial market and macroeconomic environment and utilize the GS Wealth Services investment platform to help advisors construct multi-asset class portfolios.

Do you have passion for the financial markets, the desire to work closely with Advisors, and the ability to think outside the box? We are seeking an Associate who can provide Advisor support on the financial market and macroeconomic environment and utilize the GS Wealth Services investment platform to help advisors construct multi-asset class portfolios.

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world 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 consumers to better spend, borrow, invest, and save.

Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

Goldman Sachs Ayco Financial Counseling (Ayco) partners with Fortune 1000 companies to design and implement tailored financial planning programs for their workforce‑leveraging the 50‑year heritage of Ayco and the comprehensive resources of Goldman Sachs to meet the evolving needs of their employees. Ayco believes companies best serve their stakeholders and the greater economy when their employees’ financial lives are clear, understood and in their control.

Ayco advisors and technical specialists help clients achieve their personal financial goals through education and guided implementation across seven key financial disciplines, including employee benefit planning.

PAG is seeking an Associate who can provide portfolio/relationship management support to Advisor teams by focusing on client service, serving as a key liaison to areas supporting the PAG business including the Investment Strategy Group, Compliance, and Technology and assisting in managing the investment process of multi‑asset class portfolios. The individual will be a main point of contact for teams with respect to supporting new business solicitations and managing general on‑going client portfolio needs.

Responsibilities will include responding to questions on the GS Wealth Services Investment platform, third party investments, the macroeconomic environment, conditions in the financial markets and reviewing portfolio performance.

• Analyze and research investment securities on third party and Goldman Sachs’ investment platform. Serve as a point person for GS Wealth Services advisors to explain investment implementation options and their role in the strategic asset allocation.
• Coach/mentor and educate analysts with financial markets and macroeconomics concepts.
• Establish and maintain professional relationships with GS Wealth Services’ internal stakeholders and team.
• Perform portfolio reviews and provide analytical support to GS Wealth advisors in the construction and maintenance of multi asset class portfolios.
• Explain investment implementation options to GS Wealth Services advisors including individual equities/bonds, mutual funds, options, private equity, hedge funds and separately managed accounts.
• Conduct quantitative research in factor‑based strategic portfolio asset allocation and analysis across asset classes.
• Independently create research publications on complex macroeconomic and investment topics for GS Wealth Services advisors and clients.
• Foundation in financial mathematics and investment performance reporting.
• Utilize statistical and regression analysis to analyze investment options and financial markets.
• Respond to questions from GS Wealth…