At a Glance
- Tasks: Conduct research on Private Assets and deliver innovative investment solutions.
- Company: Join Goldman Sachs, a leader in wealth management with a global reach.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities to work across various teams.
- Why this job: Make a real impact by advising high net worth clients on investment strategies.
- Qualifications: PhD or Masters in Finance/Economics, experience with Private Assets, and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach.
Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.
The Investment Strategy Group (ISG) within PWM has responsibility for strategic and tactical asset allocation views and advice for the firm’s high net worth clients and certain institutions. The Strategic and Quantitative Asset Allocation group (SQAA) within ISG provides comprehensive asset allocation advice to clients and manages innovative investment products that provide solutions for clients’ portfolios.
The role of an ISG member requires a broad set of qualities, including a passion for investing, client service, as well as strong analytical and communication skills.
The Strategic and Quantitative Asset Allocation group (SQAA) in ISG is seeking an individual with a strong background in Private Assets to deliver high quality research to help clients with allocation advice and commitment planning, as well as ideating and implementing innovative investment solutions. Research would include, but would not be limited to, cash flow forecasting and J-Curve analysis, commitment planning, liquidity management, return attribution, performance measurement, etc.
In addition to conducting quantitative research on Private Assets, the candidate will also work and interact with clients and Wealth Advisors, and as such this role requires creativity, the ability to multitask, attention to detail, as well as interpersonal and communication skills. Highly qualified candidates at the Vice President level will also be considered.
How You Will Fulfil Your Potential
- Be responsible for the research on Private Assets in ISG
- Demonstrate strong analytical and technical skills
- Show a keen interest in understanding the financial markets, particularly private markets
- Interact with the firm’s current and prospective clients
- Coordinate with other teams across Goldman Sachs (such as Global Investment Research, Alternative Capital Markets, External Investing Group etc.)
Requirements
- Outstanding academic background, preferably a PhD or Masters in Finance or Economics from a top department
- Academic or Industry experience working with Private Assets data
- Experience with econometric and machine learning techniques
- Expertise in Python and/or other modeling platforms (Matlab, R,...)
- Excellent communication skills, especially the ability to explain complex technical concepts in simple terms
- Attention to detail, patience, and ability to handle multiple concurrent projects
- Collaborative, teamwork-oriented and having strong interpersonal skills
- Independent, logical, and critical thinking, with the willingness to constantly think outside of the box
Private Wealth Management, Private Assets and Quantitative Research, Associate/Vice President, [...] employer: Goldman Sachs Bank AG
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive training and development opportunities, alongside a culture that values diversity and encourages personal growth. With access to a global network and cutting-edge resources, team members are empowered to deliver tailored wealth management solutions while building meaningful relationships with high net worth clients.
StudySmarter Expert Advice🤫
We think this is how you could land Private Wealth Management, Private Assets and Quantitative Research, Associate/Vice President, [...]
✨Tip Number 1
Network like a pro! Reach out to professionals in Private Wealth Management and related fields on LinkedIn. Don’t be shy—ask for informational interviews to learn more about their experiences and insights.
✨Tip Number 2
Prepare for those interviews! Research common questions for roles in Private Assets and Quantitative Research. Practice your responses, focusing on your analytical skills and how you can contribute to the team.
✨Tip Number 3
Showcase your passion for investing! During interviews, share your thoughts on current market trends or recent investment strategies. This will demonstrate your enthusiasm and knowledge in the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Private Wealth Management, Private Assets and Quantitative Research, Associate/Vice President, [...]
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the role in Private Wealth Management. Highlight your analytical skills, experience with Private Assets, and any relevant projects or research you've done.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about wealth management and how your background makes you a great fit for the team. Be sure to mention specific experiences that relate to the job description.
Showcase Your Technical Skills:Since the role requires expertise in Python and other modelling platforms, make sure to include any relevant technical skills in your application. If you've worked on econometric or machine learning projects, don’t forget to mention those!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Goldman Sachs!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Stuff
Make sure you brush up on your knowledge of private assets and quantitative research. Familiarise yourself with key concepts like cash flow forecasting and J-Curve analysis. Being able to discuss these topics confidently will show that you're serious about the role.
✨Show Off Your Skills
Prepare to demonstrate your analytical and technical skills during the interview. Bring examples of your work with econometric techniques or Python modelling. If you can explain complex concepts in simple terms, you'll impress the interviewers.
✨Be Client-Focused
Since this role involves interacting with clients, think about how you can showcase your client service skills. Prepare examples of how you've successfully communicated with clients or collaborated with teams in the past. This will highlight your interpersonal skills.
✨Think Outside the Box
The job requires creativity and critical thinking, so be ready to discuss how you've approached problems in innovative ways. Share instances where you've had to multitask or manage multiple projects, as this will demonstrate your ability to handle the demands of the role.
