At a Glance
- Tasks: Manage and trade portfolios, focusing on innovative equity strategies and risk management.
- Company: Join Goldman Sachs, a leading global investment firm with a commitment to diversity and inclusion.
- Benefits: Enjoy professional development, wellness programs, and a supportive work environment.
- Other info: Dynamic role with opportunities for innovation and career growth.
- Why this job: Make a real impact in wealth management while collaborating with top professionals in the industry.
- Qualifications: 4-8 years of experience in sales or trading, preferably in equity derivatives.
The predicted salary is between 80000 - 120000 £ per year.
Goldman Sachs Private Wealth Management (PWM) specializes in developing sophisticated and comprehensive wealth management plans for UHNWI and select institutional clients such as family offices. Our PWM teams partner closely with clients to provide bespoke advisory services and deliver customized investment strategies. These solutions leverage our extensive investment expertise, diverse wealth management capabilities and global network.
Within PWM, the Managed Strategies team is one of Goldman Sachs' most distinctive offerings and oversees all discretionary investment solutions managing over $60bn of assets globally. It delivers an institutional-grade offering and is responsible for the management, execution, and monitoring of discretionary mandates, with a focus on equity strategies involving structured products, equity options, and delta-one equities.
We are currently seeking a high-calibre Portfolio Manager / Trader at Senior Associate / VP level to join our Managed Strategies team with a focus on option overlay strategies and quantitative equity strategies. The ideal candidate will possess deep expertise in risk management, option theory, market structure, and macroeconomic analysis. Success in this role requires the ability to thrive in fast-paced market environments and exercise decisive judgment in managing index and single-stock option mandates. Beyond driving business growth, the individual will leverage quantitative skills and innovative thinking to develop new strategies while communicating portfolio decisions and outcomes clearly and concisely to clients and internal stakeholders.
How You Will Fulfil Your Potential
- Active Portfolio Management: collaborate with senior portfolio managers to actively manage option portfolios, including rigorous risk reviews and tactical adjustments.
- Expertise of Equity Derivative Markets: demonstrate a sophisticated understanding of equity derivative markets and various execution venues, including OTC, Listed, and Flex options for both single stocks and indices.
- Managing Broker Relationships: cultivate and manage external broker relationships to synthesize market intelligence and expand the team’s trading capabilities.
- Stakeholder Collaboration: partner with internal teams—including Compliance, Legal, Operations, Technology, and Sales—to drive broad platform development and strategic initiatives.
- Strategic Communication: deliver clear, ongoing updates regarding strategy performance, portfolio positioning, and investment recommendations.
- Innovation & Development: Drive strategy evolution and idea generation to enhance the discretionary offering, streamline operational processes, and upgrade technological infrastructure.
- Advisory Partnership: Work in tandem with Private Wealth Advisors (PWAs) to provide strategic coverage and support, deepening existing client relationships and fostering new ones.
REQUIREMENTS
- Experience: Ideally 4–8 years of experience in sales or trading ideally with an equity derivatives background.
- Market Knowledge: comprehensive knowledge of a broad range of financial products and markets - strong preference for equities with fixed income and FX following.
- Technical Proficiency: advanced proficiency in Bloomberg, Microsoft Office and strong preference for good coding skills.
- Detail oriented: strong attention to detail and ability to deliver high calibre and focused work.
- Relationship Management: exceptional interpersonal and communication skills, with a proven ability to build and maintain a robust professional network.
- Entrepreneurial Spirit: a self-motivated, autonomous professional who can also collaborate seamlessly within a team-oriented environment.
- Innovative Problem Solving: a creative approach to addressing challenges and developing bespoke solutions for clients.
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice Preside[...] employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Private Wealth Management sector. Employees benefit from extensive training and development opportunities, a commitment to diversity and inclusion, and the chance to work alongside industry leaders in a fast-paced, global setting. With a focus on personal and professional growth, Goldman Sachs empowers its team members to thrive while delivering bespoke investment strategies to ultra-high-net-worth individuals and institutional clients.
StudySmarter Expert Advice🤫
We think this is how you could land Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice Preside[...]
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in wealth management. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge and technical skills. Be ready to discuss equity derivatives and your approach to risk management. We want to see your expertise shine!
✨Tip Number 3
Showcase your innovative problem-solving skills during interviews. Share examples of how you've tackled challenges in past roles, especially in fast-paced environments. We love hearing about creative solutions!
✨Tip Number 4
Apply through our website for the best chance at landing that role. Tailor your application to highlight your experience with option strategies and portfolio management. Let’s get you in front of the right people!
We think you need these skills to ace Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice Preside[...]
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Portfolio Manager Trader role. Highlight your experience in equity derivatives and risk management, as these are key areas for us at StudySmarter.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your expertise in market structure and option theory. We love seeing how you’ve applied your knowledge in real-world scenarios.
Be Clear and Concise:When writing your application, clarity is crucial. Make your points straightforward and avoid jargon unless necessary. We appreciate a well-structured application that communicates your ideas effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen on joining our team!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Numbers
Make sure you brush up on your quantitative skills and market knowledge. Be prepared to discuss specific equity strategies, option theories, and risk management techniques. Having concrete examples from your past experience will show that you can handle the complexities of the role.
✨Showcase Your Communication Skills
Since this role involves strategic communication with clients and stakeholders, practice articulating your thoughts clearly and concisely. Prepare to explain your portfolio decisions and outcomes in a way that demonstrates your ability to simplify complex concepts for diverse audiences.
✨Build Relationships
Highlight your experience in managing broker relationships and collaborating with internal teams. Be ready to discuss how you've successfully cultivated professional networks in the past and how you plan to leverage these relationships in your new role.
✨Demonstrate Your Innovative Thinking
Prepare to share examples of how you've driven strategy evolution or developed bespoke solutions for clients. This could involve discussing any innovative approaches you've taken in previous roles, especially in fast-paced market environments.
