Asset & Wealth Management, Fixed Income- Securitized Credit Portfolio Manager New York

Asset Management provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. The Asset Management Division also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, we provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, our business operates on a global platform.
Fixed Income seeks to uncover opportunities across borders and in under-researched markets. We use independent specialist teams for bottom-up and top-down decisions, and for generating strategies within their areas of expertise. The Fixed income team includes money market products, central funding and liquidity management businesses
Part of the Fixed Income business, the Securitized Credit Investment team is seeking a junior portfolio manager at the Associate level in New York, NY. The successful candidate will be an integral part of the portfolio management team in New York- gaining exposure to ABS, CMBS, CLO and RMBS markets. The role places an emphasis on supporting the team’s portfolio management and trading efforts, and entails considerable interaction with sell-side counterparties, operations, and technology.
Key Responsibilities

• Work with portfolio managers to build and monitor risk in portfolios, including management of cash flows, new idea generation and research
• Work with technology and strategy teams to increase automation, improve quality of data, and create new trading tools
• Update and maintain reports for weekly/bi-weekly strategy meetings
• Work with portfolio managers to help implement current investment views across ABS, CMBS, CLOs and RMBS, including sizing of positions across accounts with varying objectives and constraints
• Maintain and rebalance portfolios across Securitized strategies
• Allocate, execute, and reconcile trades

Basic Qualifications

• Curiosity, strong critical thinking skills, and passion for problem-solving
• Knowledge of and interest in fixed income and credit markets
• Bachelor’s degree or equivalent
• Strong interpersonal and communication skills (written and verbal)
• Proficiency in MS Excel and PowerPoint
• Strong quantitative and analytical skills, with excellent attention to detail
• Highly motivated with the ability to work independently as well as thrive in a fast-paced team environment

Preferred Qualifications

• CFA study
• Investment management or sell-side experience desirable

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.
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Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$170000. 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 .