Asset & Wealth Management

Asset & Wealth Management: Goldman Sachs Asset Management is one of the world’s leading asset managers with over $2 trillion in assets under supervision. As a 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.

Responsibilities:

The successful candidate will join the Multi-Asset Solutions (MAS) Portfolio Management Team in New York City. In this role, they will design, manage, and communicate multi-asset class portfolios, with a focus on liability-driven investing for pension and insurance clients. The position requires strong analytical skills to develop, invest in, manage, and communicate customized portfolio solutions to clients. Core responsibilities include:

• Prepare liability analysis based on actuarial data under a variety of economic assumption sets. 
• Perform asset/liability modeling and develop interest rate and credit spread hedging strategies for defined benefit pension plans in the US and Canada.  
• Construct and review custom liability benchmarks required for managing Liability Driven Investing fixed income portfolio strategies. 
• Utilize advanced mathematical concepts to assist in asset and liability modeling for current clients and prospects. 
• Support content development involving client and prospect presentation books, request for proposals, and other liability-related analyses. 
• Construct and maintain asset and liability models to produce stochastic analysis for current and prospective clients for plans based in the US and Canada

Qualifications: 

• Bachelor’s degree (U.S. or foreign equivalent) in Mathematics, Actuarial Science, Finance or a related field
• Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) designation
• At least 3  years of experience in working within the pension actuarial consulting industry on either US or Canadian actuarial valuations
• Prior experience working on the following:
  • Performing financial modeling using Microsoft Excel.
  • Working with and advising clients regarding U.S. minimum required pension funding laws.
  • Working with US (ASC 715) and International pension accounting standards (IAS 19).
  • Working with deterministic and stochastic funding and accounting projections for asset/liability modeling. 
• Detail-oriented, highly organized with the ability to manage multiple tasks in a fast-paced environment
• A self-starter able to work independently and thrive in a team environment
• Excellent writing and communication skills
• Proficient in Excel and PowerPoint
• Strong interest in the financial markets, actuarial science and a good investment sense/commercial instinct
• CFA charterholder a plus