Job Description
Our Impact
Goldman Sachs Asset Management has become one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Goldman Sachs Asset Management Operations is part of the Asset & Wealth Management Division and comprises ~1200 professionals across the globe. It consists of four broad functional areas, Client Operations, Investment Operations, Enterprise Operations and Management and Shared Services, all of whom work in a dynamic environment where control, client service and excellence in execution are fundamental principles.
The global Fund Services team sits within Client Operations with team members located in New York, Salt Lake City, London, Dublin, The Hague, Singapore, and Tokyo.
Your Impact
The team is primarily responsible for:
Facilitating new business and product expansion via project management of new fund launches.
Ongoing platform maintenance via co-ordination of fund mergers, fund terminations, restructures, other fund change events and regulatory uplifts.
Acquisition integration through fund onboarding, consolidation and restructuring.
The team interacts very closely with the Funds’ external service providers (including Custodian and Fund Administrators), as well as with all internal teams connected with design, setup, operation, and oversight of the Funds. The role will be varied and will allow the candidate to interact with a wide range of internal and external teams and be involved in a diverse range of tasks and projects.
The funds’ range includes both traditional and alternative investment vehicles such as Luxembourg-based SICAVs, Money Market Funds, ETFs and other Mutual Funds, through to complex private equity fund of funds structures, all of which are distributed to the firm’s global client base.
How You Will Fulfil Your Potential
You will effectively contribute towards the Asset & Wealth Management division product expansion initiatives by project managing fund launches and other fund change events for US and International funds.
You will work closely and develop strong working relationships with the Portfolio Management, Product Development, Sales, Operations, external vendors and various Federation teams to agree on product design expectations, fund features and establishing support models.
You will develop a strong understanding of our Asset Management Business, and the investment products on offer.
Your responsibilities for project managing and executing fund change events such as fund launches, terminations and other fund restructure events will include:
Setting expectations for launch timelines and bringing together all internal and external working group stakeholders
Managing the fund event workflow utilizing in-house workflow tools
Engaging in discussions to tackle various challenges to effectively meet design, portfolio manager and client needs
Facilitating internal systems and external system setups
Drafting and agreeing investment trade flows making sure all Operational systems are ready for trading
Defining and getting approval for seed capital requirements
Obtaining internal and external fund and share class identifiers
Ensuring fund registration & governance requirements are in place prior to fund launch
You will lead or assist with various projects including technology initiatives to uplift our infrastructure, driving workflow scalability, improving controls and reducing time to market.
You will make a good impression by:
Being proactive
Being curious
Effectively managing risk
Building personal relationships
Preferred Qualifications and Experience
Bachelor’s degree or equivalent, with relevant industry experience
2 to 4 years of relevant experience in Asset Management and exposure to alternative fund events
Knowledge of fund administration and compliance standards
Private markets, alternative investment funds, & registered products experience preferred though not required
Must work well in a team but also exhibit strong leadership capabilities to help drive solutions to complex issues
Attention to detail but also can see the bigger picture and manage competing priorities
Ability to develop strong relationships with key stakeholders and delegates across the organization
Ability to make informed autonomous decisions whilst delivering multiple projects to tight deadlines
Strong organizational, business writing, communication and time management skills
Desire to continually learn and ability to manage multiple priorities
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. about our culture, benefits, and people at GS.com/careers.
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman 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.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Opportunity Overview CORPORATE TITLE Associate OFFICE LOCATION(S) New York JOB FUNCTION Client Services - Operations DIVISION Asset & Wealth Management SALARY RANGE USD 80,000 - 135,000
Goldman Sachs Asset Management has become one of the pre-eminent investment management organizations globally. Critical to our success is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure. Goldman Sachs Asset Management Operations is part of the Asset & Wealth Management Division and comprises ~1200 professionals across the globe. It consists of four broad functional areas, Client Operations, Investment Operations, Enterprise Operations and Management and Shared Services, all of whom work in a dynamic environment where control, client service and excellence in execution are fundamental principles.
The global Fund Services team sits within Client Operations with team members located in New York, Salt Lake City, London, Dublin, The Hague, Singapore, and Tokyo.
Your Impact
The team is primarily responsible for:
Facilitating new business and product expansion via project management of new fund launches.
Ongoing platform maintenance via co-ordination of fund mergers, fund terminations, restructures, other fund change events and regulatory uplifts.
Acquisition integration through fund onboarding, consolidation and restructuring.
The team interacts very closely with the Funds’ external service providers (including Custodian and Fund Administrators), as well as with all internal teams connected with design, setup, operation, and oversight of the Funds. The role will be varied and will allow the candidate to interact with a wide range of internal and external teams and be involved in a diverse range of tasks and projects.
The funds’ range includes both traditional and alternative investment vehicles such as Luxembourg-based SICAVs, Money Market Funds, ETFs and other Mutual Funds, through to complex private equity fund of funds structures, all of which are distributed to the firm’s global client base.
How You Will Fulfil Your Potential
You will effectively contribute towards the Asset & Wealth Management division product expansion initiatives by project managing fund launches and other fund change events for US and International funds.
You will work closely and develop strong working relationships with the Portfolio Management, Product Development, Sales, Operations, external vendors and various Federation teams to agree on product design expectations, fund features and establishing support models.
You will develop a strong understanding of our Asset Management Business, and the investment products on offer.
Your responsibilities for project managing and executing fund change events such as fund launches, terminations and other fund restructure events will include:
Setting expectations for launch timelines and bringing together all internal and external working group stakeholders
Managing the fund event workflow utilizing in-house workflow tools
Engaging in discussions to tackle various challenges to effectively meet design, portfolio manager and client needs
Facilitating internal systems and external system setups
Drafting and agreeing investment trade flows making sure all Operational systems are ready for trading
Defining and getting approval for seed capital requirements
Obtaining internal and external fund and share class identifiers
Ensuring fund registration & governance requirements are in place prior to fund launch
You will lead or assist with various projects including technology initiatives to uplift our infrastructure, driving workflow scalability, improving controls and reducing time to market.
You will make a good impression by:
Being proactive
Being curious
Effectively managing risk
Building personal relationships
Preferred Qualifications and Experience
Bachelor’s degree or equivalent, with relevant industry experience
2 to 4 years of relevant experience in Asset Management and exposure to alternative fund events
Knowledge of fund administration and compliance standards
Private markets, alternative investment funds, & registered products experience preferred though not required
Must work well in a team but also exhibit strong leadership capabilities to help drive solutions to complex issues
Attention to detail but also can see the bigger picture and manage competing priorities
Ability to develop strong relationships with key stakeholders and delegates across the organization
Ability to make informed autonomous decisions whilst delivering multiple projects to tight deadlines
Strong organizational, business writing, communication and time management skills
Desire to continually learn and ability to manage multiple priorities
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. about our culture, benefits, and people at GS.com/careers.
Salary Range
The expected base salary for this New York, New York, United States-based position is $80000-$135000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman 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.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Opportunity Overview CORPORATE TITLE Associate OFFICE LOCATION(S) New York JOB FUNCTION Client Services - Operations DIVISION Asset & Wealth Management SALARY RANGE USD 80,000 - 135,000
💡 Quick Summary
Seeking a career-building opportunity? The Asset & Wealth Management - Fund Services - Public - Associate position is now open for candidates interested in the Remote Jobs sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Remote Jobs is a plus.
