Asset & Wealth Management (Private) – Alternatives Product Research and Development – Associate[...] in London

Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3 trillion in assets under supervision. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. Our people are our greatest asset, and we take pride in supporting each colleague both professionally and personally. R&D is part of the Client Solutions Group (CSG) within Asset & Wealth Management (AWM). We are seeking a highly driven and detail-oriented Associate to join our growing team in London. Alternatives Asset Management is a strategic growth area for our firm, representing a critical component of our long-term vision and commitment to providing innovative investment solutions for our clients. This is an exciting opportunity to contribute to a dynamic and expanding area of AWM, developing market intelligence materials and creating financial models for new and existing products.

Primary focus on alternatives product development and optimization of new and existing fund products working with a range of internal and external stakeholders across GS’s alternative investment strategies. Work on product solutions more broadly including tailored entry points into investment strategies to meet specific client needs such as assistance on insurance and retirement solutions. Manage workstreams and consult appropriately with stakeholders to determine appropriate structures, fund mechanics, and detailed fund terms. Once a fund is approved, provide detailed support to project management teams tasked with delivering the new fund to market. Market research into peer offerings and evaluation of forward-looking perspectives from regulatory and investor-demand angles. Financial modelling of fund platforms and structures including appropriate sensitivity analysis. Respond to internal questions from senior management, investment and salespeople across all sales channels (private wealth, institutional, third-party distribution) related to the Alternatives platform and pipeline.

Skills & Experience We Are Looking For

• Excellent academic credentials including bachelor’s degree, with a minimum of 3 years of relevant industry experience.
• Accounting qualification (ACA, CA, etc.), CFA or other equivalent qualification preferred.
• Advanced Excel and financial/portfolio modelling skills.
• Practical knowledge of relevant fund legislation and regulation such as AIFMD, UCI Part II, ELTIF and LTAF in Europe.
• Detailed understanding of evergreen fund structures, relevant regulatory regimes as well as wider private markets product structures.
• Practical experience of private assets investment strategies including private debt, private equity, infrastructure and real estate.
• Pragmatic understanding of the legal, regulatory, tax, accounting, operational, liquidity, currency and distribution-driven factors that are required to be able to develop efficient and scalable fund platforms and client solutions.
• Experience of highlighting efficiencies and making recommendations to improve processes and enhance performance.
• Experience of analysing and working on technical legal and regulatory documentation.

Personal Characteristics

• Pragmatic mindset.
• Excellent analytical skills and intellectually curious.
• Excellent written, verbal and interpersonal skills.
• Effective problem solver and critical thinker.
• Highly self-motivated, pro-active and attentive to detail.
• Execution mindset with the ability to independently manage workload and deliver on multiple priorities.