Job Description
Operations is integrated within our businesses and delivers banking, sales and trading, and asset management capabilities to all our clients. We work to protect the accuracy and efficiency at every step of the trade. For example, if a company wants to buy a block of stock, Operations first ensures that the stock and payment are ready to be traded. Next, we make sure that the trade is settled properly and on time. And finally, Operations confirms that each trade is reported accurately to the buyer, the seller, the firm and the regulators. Along the way, Operations looks for anything that could expose our clients or the firm to financial loss, penalty or other risks. Operations does this for every transaction all around the world. Operations also aids in the design of the technology, the information flows and the processes that make it all work. We constantly monitor these systems and reengineer them to keep everything running as efficiently as possible.
The Asset & Wealth Management Business is made up of Goldman Sachs Asset Management (GSAM) and Goldman Sachs’ Merchant Bank, and brings together Goldman Sachs’ primary long term principal investing capabilities with the traditional money managing arm of the firm to offer a full suite of world-class investment solutions to the firm’s clients.
Asset Management Operations are responsible for front-to-back operational support to the Goldman Sachs Asset Management and Merchant Bank businesses in service, delivery, and processing functions across the trade, client, and product lifecycle.
Responsibilities and Qualifications
The Global Fund Management team is responsible for the full front to back operational support of GSAM’s fund complex. GSAM manages close to $1 trillion in more than 1,000 funds, distributed to clients across GSAM’s client base. The Fund Management Team’s responsibilities can be broken down into four categories: event management, investment operations, governance and vendor management.
Fund Management is looking for an experienced operations professional at the analyst or associate level for a position in New York, New York.
Responsibilities
- Project manage the fund launch process for new investment products and distribution opportunities
- Oversee change events, restructures and terminations through the lifecycle of GSAM’s funds
- Uplift strategic workflow infrastructure to bring additional control to launch and change events
- Serve as central point of contact for fund for inquiry resolution
- Provide risk oversight for nuanced support models for funds on the platform
- Maintain funds’ investment book of record
- Schedule meetings, curate agendas and arrange presenters, collate materials, communicate with directors, and run meetings’ for the funds’ boards of directors
- Engage with / serve on internal governance committees responsible for various stages in the fund lifecycle
- Monitor service delivery levels of service providers to GSAM’s funds
- Perform expense analysis in order to maximize commercial benefit for decisions regarding fund service providers
- Explore solutions that leverage business intelligence, low code automation, industry utilities, and external vendor solutions
Basic Qualifications
- Bachelors’ degree
- 1+ years of professional experience within financial services, preferably operations, fund management or an asset management background
- Excellent verbal and written communication skills
- Self-motivated and able to work in an autonomous, yet collaborative environment
- Commitment to excellence with a high level of integrity
- Strong work ethic and team-player
- The ability to deliver on tight deadlines, multi-task in a fast-paced environment and think clearly under pressure
- Strong organizational skills
- The ability to cultivate effective partnerships with a broad range of stakeholders
Salary Range
The expected base salary for this New York, New York, United States-based position is $70000-$95000. 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.