At a Glance
- Tasks: Develop customised asset allocation solutions and conduct research for high net worth clients.
- Company: Join Goldman Sachs, a leading global investment banking and management firm.
- Benefits: Diverse opportunities for professional growth, wellness programs, and a collaborative culture.
- Other info: Fast-paced environment with exceptional career development opportunities.
- Why this job: Make a real impact in wealth management while working with top financial professionals.
- Qualifications: Master's in Finance or related quantitative field; strong analytical and communication skills.
The predicted salary is between 50000 - 70000 £ per year.
OUR IMPACT Private Wealth Management (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client’s particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
YOUR IMPACT The Investment Strategy Group (ISG), within the Asset & Wealth Management Division of Goldman Sachs, provides customized asset allocation solutions to help clients preserve and grow their wealth. The main responsibility of the hire will be to develop customized asset allocation solutions and analysis for our clients. The hire will work with the rest of the team and private wealth advisors to gather client information, analyze client portfolios, produce customized asset allocation solutions, and put together analysis for presentations. In addition, the hire will assist on the team’s research efforts, which are generally related to asset allocation modelling and individual asset classes. Specifically:
- Help with customized asset allocation solutions using ISG asset allocation model
- Generate customized research reports and presentations for clients
- Assist on research related to asset allocation issues and individual asset classes
- Provide asset allocation guidance to the Private Wealth Management team
- Conduct general business duties, e.g. maintaining presentations, data, meeting records, etc.
REQUIREMENTS
- Master(s) in Finance with quantitative focus (financial mathematics, quantitative finance, financial engineering, financial econometrics etc.)
- Keen interest in the financial market, good investment sense
- Knowledge of current academic research and industry practices
- Proficiency in other European language(s) would be an advantage
- Strong communication skills, especially the ability to explain complex technical concepts in simple terms
- Strong inter-personal skills and a passion to engage with clients
- Attention to details, patience, and ability to multi-task under pressure
- Collaborative and teamwork oriented with the ability to follow instructions and execute with good judgement
- Independent, logical, and critical thinking, with the willingness to constantly think outside of the box
- Exceptional quantitative and analytical skills with a minimum undergraduate degree(s) in a STEM subject or quantitative field, e.g. Physics, Mathematics, Engineering, Statistics, Machine Learning or Computer Science.
- Also acceptable an undergraduate Economics degree if combined with a quantitative post-graduate degree in Finance
- Proficiency in one or more programming languages (Python preferable); solid Excel and PowerPoint skills
- Ability to work in a fast-paced high-stress environment
- Highly motivated and eager to learn
Private Wealth Management, Strategic Investment Strategy Group, 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. With a strong commitment to professional development, employees benefit from extensive training programs and a culture that values diversity and inclusion, ensuring everyone has the opportunity to grow both personally and professionally. The firm also provides a comprehensive range of benefits, wellness initiatives, and resources to support a balanced lifestyle, making it an attractive place for those seeking meaningful and rewarding careers in Private Wealth Management.
StudySmarter Expert Advice🤫
We think this is how you could land Private Wealth Management, Strategic Investment Strategy Group, Analyst/Associate, London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Private Wealth Management, Strategic Investment Strategy Group, Analyst/Associate, London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
