Marcus by Goldman Sachs, Portfolio Manager, Vice President - London

Recruiter
Goldman Sachs
Location
London, United Kingdom
Salary
Competitive
Posted
07 May 2022
Closes
22 May 2022
Ref
13917627
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Consumer and Wealth Management (CWM)
Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

Consume
The firm's Consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a startup with more than 150 years of experience. Today, we serve millions of customers across multiple products including lending, deposits, financial tools, and our partnership with Apple on Apple Card. We use innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity. As we build a leading digital consumer bank and expand into new products and partnerships, we are looking for leaders and individual contributors to join our team.
Responsibilities
  • Review and advise on the design and construction of multi-asset class portfolios based on defined risk and construction parameters to ensure it meets the needs of the retail portfolios of our target audience of retail investors, offered & serviced primarily via digital channels.
  • Oversee the management of customer portfolios on a daily basis involving areas such as asset allocation, portfolio construction, performance and currency exposure monitoring
  • Ensure the suitability of all mandates to investment guidelines, customer risk tolerance and regulations
  • Oversee and enhance the suitability and portfolio risk mapping framework for UK retail portfolios
  • Ensure the portfolios are appropriately mapped through the advice model to the needs of the retail customers
  • Work closely with wider Investment Strategy Group and Asset Management Division ensure the suitability of multi-asset class solutions for retail customers
  • Undertake portfolio analysis for risk and return characteristics and performance attribution, providing reporting, analysis and recommendations to the Investment Management Council and other governance forums.
  • For all of these activities, work in conjunction with other areas of ISG and the broader firm, including GSAM, Legal, Compliance and Technology teams and senior stakeholders in the Consumer & Wealth Division.
  • Oversee the management all operational aspects, including trading, position reconciliation, capital calls, private equity events, product maturities
SKILLS & EXPERIENCE WE'RE LOOKING FOR

  • Financial Conduct Authority Level 4 RDR compliant qualification (Level 6 preferred)
  • 7+ years' work experience in multi-asset class portfolio management and/or investment analysis
  • Proven knowledge in asset allocation and portfolio construction
  • Experience in providing advice and investment solutions for UK retail investors
  • Trading and investment experience with a broad range of products and markets such as ETFs, investment fund vehicles, FX, equities, bonds and derivatives.
  • Strong interest in the financial markets, good investment sense/commercial instinct and demonstrated passion for investing
  • Excellent communicator, with experience of interactions and stakeholder management at all levels
  • Strong English language skills are essential, and experience of writing for publication is highly desirable
  • Strong organizational skills; the ability to deliver on tight deadlines, multi-task in a fast-paced environment and think clearly under pressure will be key to success.
  • Self-motivated and able to work in an autonomous, yet collaborative environment
  • Knowledge of Microsoft Office software (Outlook, Excel, PowerPoint and Word)
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. Learn more about our culture, benefits, and people at GS.com/careers .

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https:// www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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