YOUR IMPACT

An Analyst within Managed Strategies and Equity Structuring within Asset & Wealth Management (“AWM”) will provide support to the Goldman Sachs Ayco sales teams in the education, implementation, and growth of the actively managed and transactional derivative business. You will work in partnership with advisors and clients to best express an investment objective via an equity platform specializing in the advisory, implementation, idea generation, and execution of derivative trades and strategies. 

The team is currently seeking a professional who wants to be closer to equity markets and can thrive in an environment where attention to detail, strong communication skills, and diligent risk management skills are essential to maintaining growth and enhancing ongoing operational aspects of the derivative business.

OUR IMPACT

Wealth Management

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.

 

Managed Strategies

The Managed Strategies Team is responsible for all discretionary solutions offerings for Wealth clients. The team provides clients with liquid, bespoke, actively managed investment opportunities via separately managed accounts and manages $50bn in assets globally.

Our team partners with clients to identify investment objectives and implement differentiated equity strategies to tailor portfolios to meet both strategic and tactical goals, while maintaining a key risk management focus. The team specializes on 3 key platforms – an option writing strategy, GOAS (Goldman Option Advisory Service), an actively managed structured note investment platform, Beta+, and thematic long-only equity model portfolio implementations via Thematic Marketplace. The team also creates customized options overlay solutions to meet client’s risk/return goals and investment objectives. 

 

Equity Structuring

The Equity Structuring Team works with advisors and clients to deliver tailored solutions for: concentrated single stock positions, or a specific view / objective through various non-discretionary derivative strategies. Each approach is developed in partnership to fully consider the client’s investment objectives, estate planning, risk tolerance, time horizon, liquidity needs, and available market opportunities.

Additionally, the Single Stock Risk Management (SSRM) team sits within Equity Structuring and works with clients who have concentrated single stock positions to deliver tailored solutions. SSRM solutions are developed in partnership with the client’s team of advisors to fully consider the client’s investment objectives, estate planning, risk tolerance, time horizon, liquidity needs, and available market opportunities. 

SSRM helps individuals and their families solidify objectives and navigate complex timelines by delivering tailored and dynamic solutions that incorporate insights from the client’s broader team, Issuers and subject matter experts across Goldman Sachs. These discussions occur before and following important corporate events, such as IPOs, direct listings, SPACs and M&A events, and often lead to further actions such as hedging and monetization transactions via block trades, 10b5-1 sales/purchase plans, derivative transactions, and option overlay strategies.

 

HOW YOU WILL FULFILL YOUR POTENTIAL  

You will play a direct role in the operations, education, risk management, sales, and execution of all Managed Strategies and Equity Structuring solutions. You will support the Goldman Sachs Ayco business which currently supports over 300 advisor teams in 11 offices, with over $127b in assets under supervision. 

Goldman Sachs Ayco is an industry pioneer and preeminent leader of company-sponsored financial planning benefits. Ayco believes companies best serve their stakeholders and the greater economy when their employees’ financial lives are clear, understood and in their own control. For over 50 years, Ayco has aspired to deliver a more productive and engaged workforce to clients by providing their employees a path to financial well-being through holistic and personalized services tailored for each stage of the career cycle – from entry-level to C-suite.

 

Principal Responsibilities

Liaise with the advisor team members to support the future growth of the Managed Strategies and Equity Structuring businessWorking on wide-ranging projects such as developing new strategies, streamlining processes, improving risk management, or ad-hoc deliverables and analysis as needs ariseEnhance your business acumen for equity market dynamics as it pertains to account management, client servicing, and building processes for new business initiativesWork with operations, technology, legal and compliance to support the Managed Strategies and Equity Structuring groupsDevelop working relationships and serve as key informational contact with advisor teams Create, maintain, and monitor key business metrics across the global product suiteDelivering world-class services to our clients and advisor teamsGenerating new business and building brand equity by raising the visibility and amplifying engagement efforts locally and globallyHelping advisors and clients navigate markets to support their investment goals

 

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

Bachelor’s degree required1 to 2 years of relevant work experience0 to 2 years of capital market experience Strong interest in public equity markets, derivatives, and risk managementProcess-oriented with ability to think independently and analyticallyStrong interpersonal and communication skills (written and verbal)Adept at developing and maintaining internal and external relationshipMotivated team player who takes initiative and has ability to work autonomouslyStrong Microsoft Office skills (Word, Excel, Outlook, PowerPoint)SIE, Series 7 and 63 required (to be obtained within first three months)​

 

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 accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

© The Goldman Sachs Group, Inc., 2024. All rights reserved.

Salary Range 
The expected base salary for this Albany, New York, United States-based position is $55000-$75000, with further upside based on experience and background.  In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.  Further compensation details will be discussed during initial screenings. 

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.