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 team culture 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 in sales or trading, with strong knowledge of equity derivatives and excellent communication skills.
The predicted salary is between 60000 - 80000 £ per year.
Our Impact
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.
Your Impact
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.
Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice President, 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. With a strong commitment to employee growth, we provide extensive training and development opportunities, alongside a culture that values diversity and inclusion. Our employees benefit from competitive compensation packages, wellness programs, and the chance to work with some of the brightest minds in the industry, making it a truly rewarding place to advance your career in private wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice President, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in private 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 your experience with equity derivatives and how you can contribute to the Managed Strategies team at Goldman Sachs.
✨Tip Number 3
Showcase your innovative problem-solving skills during interviews. Share examples of how you've tackled challenges in previous roles, especially in fast-paced environments. This will highlight your entrepreneurial spirit!
✨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 serious about joining the Goldman Sachs team.
We think you need these skills to ace Private Wealth Management, Managed Strategies, Portfolio Manager Trader, Associate/Vice President, London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role you're applying for. Highlight your experience in equity derivatives and risk management, as these are key areas for the Portfolio Manager Trader position. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about wealth management and how your background makes you a great fit for our Managed Strategies team. Be sure to mention any innovative strategies you've developed in the past.
Showcase Your Technical Skills:Since technical proficiency is crucial for this role, make sure to highlight your experience with Bloomberg and any coding skills you have. We love seeing candidates who can leverage technology to enhance trading capabilities!
Apply Through Our Website:Don't forget to apply 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 serious about joining our team at Goldman Sachs.
How to prepare for a job interview at Goldman Sachs
✨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 apply your knowledge effectively.
✨Showcase Your Communication Skills
Since this role involves clear communication with clients and internal stakeholders, practice articulating complex investment strategies in a straightforward manner. You might even want to prepare a mock presentation to demonstrate how you would update clients on portfolio performance.
✨Build Relationships
Highlight your experience in managing broker relationships and collaborating with various teams. Be ready to discuss how you've successfully built networks in the past and how you plan to leverage those skills in this new role.
✨Demonstrate Innovation
Think about ways you've driven strategy evolution or developed bespoke solutions in previous roles. Prepare to share these examples during the interview to illustrate your entrepreneurial spirit and innovative problem-solving abilities.
