At a Glance
- Tasks: Conduct operational due diligence on alternative investment managers and assess their capabilities.
- Company: Join Goldman Sachs, a leading global investment banking and management firm.
- Benefits: Diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Other info: Dynamic work environment with opportunities for professional development and networking.
- Why this job: Make an impact in the alternative investment industry while developing valuable skills.
- Qualifications: Interest in alternative investments, strong communication, and analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
Role overview and responsibilities focus on conducting operational due diligence on third-party alternative investment managers, reviewing documentation, monitoring third-party advisors, developing knowledge of alternative investment strategies, and supporting the diligence functions within GSAM XIG. The role also involves communicating observations to senior management and stakeholders, and building relationships across Investment and Client Solutions teams, Compliance, and Legal.
Responsibilities
- Conduct operational due diligence on third-party alternative investment managers, emphasizing business and operational capabilities; lead and participate in on-site and virtual meetings to evaluate governance, financial and operational sustainability, talent management, operating models, infrastructure, transactional workflows, liquidity management, compliance, valuation, cybersecurity, and service provider arrangements.
- Review and assess advisor and fund documentation, including offering documents, legal structures, procedure manuals, compliance policies, financial statements, and marketing materials.
- Monitor third-party advisors through diligence surveillance tools, AI-enabled platforms, publicly available information, and periodic reporting to identify reputational, legal, and operational risks and evaluate the effectiveness of controls; maintain and update proprietary ODD databases and systems to support manager and platform analysis.
- Develop and deepen knowledge of alternative investment strategies, including hedge funds, private equity, venture capital, private credit, long-only strategies, real estate, and impact investing.
- Build and maintain knowledge of key service providers within the alternative investment ecosystem, including managed services and technology platforms.
- Support the project management of multiple work streams across the GSAM XIG diligence functions, focusing on annual and ongoing diligence initiatives.
- Communicate diligence observations and conclusions to senior management, clients, and other stakeholders through written memos, presentations, and verbal briefings. Contribute to internal governance and risk oversight committees by presenting operational diligence findings and recommendations as required.
- Build and maintain relationships with the broader Investment and Client Solutions teams within XIG, as well as divisional Compliance and Legal functions, serving as a key point of contact for operational diligence matters.
Qualifications
- Interest in and demonstrated aptitude for the alternative investment industry, including its global strategies, structures, and financial instruments.
- Strong interpersonal, relationship management, and communication skills, with the ability to conduct effective interviews and meetings with senior professionals.
- Demonstrated ability to conduct thorough research, evaluate diverse information sources, identify control strengths and weaknesses, and form well-reasoned, objective conclusions.
- Strong project management skills and sound business acumen, with the ability to prioritize competing workstreams effectively.
- Highly organized and proactive, with keen attention to detail and a commitment to accuracy in all deliverables.
- Excellent quantitative, qualitative, and analytical skills, with a data-driven and strategic approach to problem solving.
- Technological proficiency (Excel, PowerPoint, Access, and other enterprise tools).
- Ability to manage multiple time-sensitive initiatives simultaneously while maintaining a high standard of quality.
- Quick learner who can navigate a complex organization and become productive rapidly.
- Insatiable curiosity and healthy professional skepticism.
Goldman Sachs Asset & Wealth Management – Operational Due Diligence Analyst/Associate – London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from extensive training and development opportunities, fostering both professional and personal growth, while being part of a diverse and inclusive culture that values individual contributions. With a commitment to excellence and a focus on operational diligence within the alternative investment sector, this role provides a unique chance to engage with senior management and build meaningful relationships across various teams.
StudySmarter Expert Advice🤫
We think this is how you could land Goldman Sachs Asset & Wealth Management – Operational Due Diligence Analyst/Associate – London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Goldman Sachs. Use LinkedIn to connect and engage with them. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by diving deep into alternative investment strategies. Know your stuff about hedge funds, private equity, and more. The more you know, the more confident you'll be when discussing your insights with interviewers.
✨Tip Number 3
Practice your communication skills! Whether it's presenting findings or having a casual chat, being articulate is key. Try mock interviews with friends or use online platforms to refine your delivery.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Goldman Sachs team.
We think you need these skills to ace Goldman Sachs Asset & Wealth Management – Operational Due Diligence Analyst/Associate – London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in operational due diligence and alternative investments. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects or experiences!
Showcase Your Communication Skills:Since this role involves communicating findings to senior management and stakeholders, it’s crucial to demonstrate your strong interpersonal and communication skills. Use clear and concise language in your application to reflect this ability.
Highlight Your Analytical Skills:We’re looking for someone who can evaluate diverse information sources and form well-reasoned conclusions. Make sure to include examples of how you’ve used your analytical skills in past roles, especially in relation to financial documents or risk assessment.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Goldman Sachs!
How to prepare for a job interview at Goldman Sachs
✨Know Your Alternative Investments
Make sure you brush up on your knowledge of alternative investment strategies like hedge funds, private equity, and venture capital. Being able to discuss these topics confidently will show that you're genuinely interested in the role and understand the industry.
✨Master the Documentation
Familiarise yourself with the types of documentation you'll be reviewing, such as offering documents and compliance policies. This will help you articulate your understanding of the operational due diligence process during the interview.
✨Showcase Your Communication Skills
Since the role involves communicating findings to senior management and stakeholders, practice articulating complex information clearly and concisely. You might even want to prepare a mock presentation to demonstrate your ability to convey diligence observations effectively.
✨Demonstrate Project Management Prowess
Be ready to discuss your experience managing multiple workstreams and how you prioritise tasks. Highlight any tools or methods you use to stay organised, as this will resonate well with the project management aspect of the role.
