Asset & Wealth Management Goldman Sachs Ayco, Portfolio Advisory Group, Associate, Newport Beach, CA

YOUR IMPACT

Are you a quick-thinking self-starter with a passion for the financial markets and the desire to work closely with Portfolio Managers and GS Ayco advisors? Our team members have direct visibility in GS Ayco as strategy/platform implementation experts and engage consistently with teams in regions of responsibility. The team is seeking an Associate or Vice President who has the ability to thrive in a fast-paced environment where attention to detail, strong communication skills, and quantitative analysis are essential to maintaining and enhancing our business.

OUR IMPACT

At Goldman Sachs Wealth Management, we are dedicated to empowering clients and customers globally to achieve their most ambitious financial aspirations. Our advisor-led businesses deliver sophisticated financial planning, bespoke investment management, comprehensive banking solutions, and strategic advice to a diverse clientele, including ultra-high-net-worth and high-net-worth individuals, family offices, foundations, endowments, and corporations. Complementing this, our innovative consumer business provides cutting-edge digital solutions that enable customers to optimize their spending, borrowing, investing, and saving. Our sustained growth is fueled by an unwavering commitment to our people, our clients, and the relentless pursuit of leading-edge technology, data-driven insights, and exceptional design.

Goldman Sachs Ayco (Ayco):

Goldman Sachs Ayco stands as a premier partner for Fortune 1000 companies, collaborating to design and implement tailored financial planning programs that elevate the financial well-being of their entire workforce. Leveraging Ayco's distinguished 50-year legacy and the expansive resources of Goldman Sachs, we address the evolving financial needs of employees. We firmly believe that companies best serve their stakeholders and the broader economy when their employees possess clarity, understanding, and control over their financial lives. Ayco's expert advisors and technical specialists guide clients through education and practical implementation across seven critical financial disciplines, including comprehensive employee benefit planning, to help them achieve their personal financial goals.

Portfolio Advisory Group (PAG)

The Portfolio Advisory Group (PAG) is responsible for helping advisors within Ayco win and retain business. PAG team members work with advisors to help them understand the attributes and risks of different investment strategies and construct client portfolios based on strategic and tactical views of the Investment Strategy Group (ISG).

HOW YOU WILL FULLFILL YOUR POTENTIAL

• Participate in client and prospective client meetings with advisors to share ISG views and discuss portfolio implementation
• Attain direct visibility in GS Ayco as a strategy/platform implementation expert
• Engage with advisor teams in regions of responsibility
• Deliver thoughtful insight on ISG positioning to advisors and to PAG in team meetings
• Address specific advisor questions regarding product positioning, performance and attribution directly or using product teams as necessary
• Assist advisors in discussing ISG positioning as well as all internal/external product positioning (including equities, fixed income, and alternative investments).
• Recommend to advisors implementation of diversified portfolios for specific clients and prospects that conform to ISG recommendations and client objectives and constraints
• Prepare competitive analyses on various products using Morningstar X-Ray and in-house portfolio analysis tools
• Mentor new advisors and junior members of the team to help them develop advisory and commercial skills

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• 5 to 8 years of investment experience
• Strong interpersonal skills and ability to work effectively with others
• Client experience
• Excellent attention to detail
• Demonstrable quantitative and qualitative analysis skills
• Demonstrable communication skills, both spoken and written
• Familiarity with investment management product offerings
• Active SIE, Series 7 and Series 66 required

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.

We're committed to finding reasonable accommodation for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer female/Minority/Disability/Veteran/Sexual Orientation/Gender

Salary Range

The expected base salary for this role in Newport Beach, CA United States based position is $75,000 to $160,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.