At a Glance
- Tasks: Conduct research on Private Assets and provide innovative investment solutions for high net worth clients.
- Company: Join Goldman Sachs, a leading global investment banking and management firm.
- Benefits: Enjoy professional development, wellness programs, and a diverse, inclusive workplace.
- Other info: Collaborative environment with opportunities for growth and creativity.
- Why this job: Make a real impact in wealth management while working with top-tier professionals.
- Qualifications: PhD or Masters in Finance/Economics, experience with Private Assets, and strong analytical skills.
The predicted salary is between 60000 - 80000 € per year.
OUR IMPACT
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.
Investment Strategy Group (ISG)
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.
YOUR IMPACT
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 FULFILL 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
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, Private Assets and Quantitative Research, 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 a comprehensive range of wellness programs and resources, ensuring a fulfilling and rewarding career in Private Wealth Management.
StudySmarter Expert Advice🤫
We think this is how you could land Private Wealth Management, Private Assets and Quantitative Research, 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 or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and market knowledge. Be ready to discuss your experience with private assets and how you can contribute to the team at Goldman Sachs.
✨Tip Number 3
Showcase your analytical prowess! Bring examples of your past work, especially any quantitative research you've done. This will help demonstrate your fit for the role and your ability to handle complex data.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Goldman Sachs team.
We think you need these skills to ace Private Wealth Management, Private Assets and Quantitative Research, 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 with Private Assets and any relevant analytical skills. We want to see how your background aligns with what we do at Goldman Sachs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about Private Wealth Management and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to include specific examples of your experience with econometric techniques or Python. We’re looking for candidates who can think critically and creatively!
Apply Through Our Website:Don’t forget to apply 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
✨Know Your Private Assets
Make sure you brush up on your knowledge of private assets and the current market trends. Be prepared to discuss specific examples of cash flow forecasting or J-Curve analysis, as these are key areas for the role. Showing that you can apply theoretical knowledge to real-world scenarios will impress the interviewers.
✨Showcase Your Analytical Skills
Since the role requires strong analytical skills, be ready to demonstrate your expertise in econometric and machine learning techniques. Prepare to discuss any relevant projects you've worked on, especially those involving Python or other modelling platforms like Matlab or R. This will highlight your technical capabilities.
✨Communicate Clearly
Excellent communication skills are a must, especially when explaining complex concepts. Practice simplifying technical jargon into layman's terms. You might even want to prepare a few examples where you've successfully communicated intricate ideas to clients or colleagues in the past.
✨Emphasise Teamwork and Collaboration
Goldman Sachs values collaboration, so be sure to highlight your teamwork experience. Think of instances where you've worked with cross-functional teams or coordinated with different departments. This will show that you're not just a lone wolf but someone who thrives in a collaborative environment.
