Job details

Asset & Wealth Management, Fixed Income, Junior Portfolio Manager, (Municipals), Analyst

Job DescriptionAsset & Wealth ManagementA career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.Junior Portfolio ManagerGSAM’s Municipal Fixed Income team is looking for a junior Portfolio Manager/Trader in New York. The successful candidate will be an integral part of the Municipal Fixed Income team and assist in building relationships with dealers and counterparties, ensuring trade integrity, and providing analysis and feedback on portfolio construction. In addition to its trading responsibilities, the role will also include considerable interaction with operations and technology support.Key Responsibilities• Allocate, execute, and reconcile trades• Maintain and rebalance portfolios across strategies• Work with technology and strat teams to increase automation, improve quality of data, and create new trading tools• Liaise with operations on a daily basis to resolve any trading issues• Update and maintain reports for weekly/bi-weekly strategy meetingsSkills / Experience• 1+ years of experience in a similar role• Numerical and analytical skillset with excellent attention to detail• Background with portfolio management systems / Bloomberg a plus• Keen interest in markets• Strong Interpersonal skills• Ability to work well under pressure• Series 7 and 63 required (or to be obtained within first three months on the Desk)Salary RangeThe expected base salary for this New York, New York, United States-based position is $90000-$125000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.BenefitsGoldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Goldman Sachs Glassdoor Company Review

3.9

Goldman Sachs DE&I Review

No rating

CEO of Goldman Sachs

David M. Solomon

Approve of CEO

Average salary estimate

$107500 / YEARLY (est.)

min

max

$90000K

$125000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Asset & Wealth Management, Fixed Income, Junior Portfolio Manager, (Municipals), Analyst, Goldman Sachs

Join Goldman Sachs Asset & Wealth Management as a Junior Portfolio Manager in the vibrant heart of New York City! This role is an incredible opportunity to engage with some of the brightest minds in the industry, helping clients realize their financial potential while shaping your own career in a dynamic environment. You will be part of GSAM's Municipal Fixed Income team, where your responsibilities will include trade allocation, execution, and portfolio maintenance. Working closely with dealers and counterparties, you'll ensure trade integrity and provide insightful analysis on portfolio construction. With over $2 trillion in assets under supervision, Goldman Sachs is at the forefront of investment innovation, and your contributions will play a vital role in ensuring long-term performance for clients ranging from pension plans to individual investors. Plus, you'll have the chance to collaborate across various teams - from operations to technology - enhancing trade processes and creating new tools that foster a cutting-edge investment strategy. If you are detail-oriented, possess strong analytical skills, and have a passion for financial markets, this position is the perfect fit for you. Get ready to kickstart your career in asset management with one of the world's leading firms, where teamwork and integrity are paramount. Don't miss out on the chance to make a meaningful impact at Goldman Sachs!

Frequently Asked Questions (FAQs) for Asset & Wealth Management, Fixed Income, Junior Portfolio Manager, (Municipals), Analyst Role at Goldman Sachs

What are the main responsibilities of a Junior Portfolio Manager at Goldman Sachs Asset & Wealth Management?

As a Junior Portfolio Manager at Goldman Sachs Asset & Wealth Management, your main responsibilities include allocating, executing, and reconciling trades, maintaining and rebalancing portfolios across various strategies, and interacting with operations to resolve any trading-related issues. You will also collaborate with technology teams to improve data quality and develop new trading tools, ensuring that you remain at the forefront of investment management.