Asset & Wealth Management, Alternative Capital Markets, Client Solutions, AYCO, Associate - ALBANY

YOUR IMPACT

The group is seeking a highly motivated junior team member to join this fast growing segment with GS Wealth, who can develop into a trusted subject-matter expert across alternative investments. This role is in Albany, New York.

OUR IMPACT

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to 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 customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Alternative Capital Markets (ACM)

Alternative Capital Markets is a global team with 60+ alternative investment professionals across eight offices (New York, Albany, Dallas, London, Zurich, Hong Kong, Singapore, and Shenzhen), responsible for over $120B+ in AUS, serving institutions, foundations, family offices, high net worth and ultra-high net worth individuals. ACM is the architect of the Wealth Alternatives platform including private equity, growth / venture capital, private credit, private real estate, hedge funds, co-investments and impact private investing. These offerings include AM Private, XIG, and third-party external investment strategies, as well as differentiated private company access via both internal and external referrals. ACM's full-service capital markets business covers the entire lifecycle of an alternative investment, from investment sourcing to client solutions, as well as a new discretionary offering enabling programmatic platform access, an in-house liquidity platform for clients (qualified matching service, or QMS), and dedicated platform management and strategy.

Client Solutions

The Client Solutions team within ACM is the relationship management & strategy team for the GS Wealth Alternatives platform. The team is the primary point of contact for GS advisors, responsible for marketing & fundraising across the alternative investment platform, while providing holistic support to advisors & clients, including asset class & strategy education, portfolio construction guidance, and ongoing relationship management. The group is seeking a highly motivated junior team member to join this fast growing segment with GS Wealth, who can develop into a trusted subject-matter expert across alternative investments.

You will support the Goldman Sachs Ayco business, the fastest growing alternatives segment within GS wealth, which currently supports over 300 advisor teams in 11 offices, with over $127b in assets under supervision. Goldman Sachs Ayco is an industry pioneer and preeminent leader of company-sponsored financial planning benefits. For over 50 years, Ayco has aspired to deliver a more productive and engaged workforce to clients by providing their employees a path to financial well-being through holistic and personalized services tailored for each stage of the career cycle - from entry-level to C-suite.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Key liaison for GS Ayco advisor teams to provide support and drive growth across the GS Wealth alternatives business
• Serve as an alternative investment strategist & relationship manager for the ACM platform, providing key information, and driving education & adoption across alternative investments within the Ayco channel
• Help lead marketing & fundraising campaigns, including managing overall fund raising activity, developing marketing collateral / strategy pitch and engaging advisors / clients by organizing road shows / events / campaigns
• Help provide input on ACM sales strategy across client segments, advising on growth strategies for new offerings / solutions, and develop segment specific fundraising strategies
• Provide support for client portfolio reviews, including performance updates, and fund commentary
• Prepare and update materials for internal & external presentations, in partnership with the ACM investor relations, and legal/compliance teams
• Develop into a trusted subject matter expert, providing advisors guidance on portfolio construction & joining client & prospect discussions
• Help drive education of alternative investment themes and portfolio implementation for all GS client segments and regions by coordinating across ACM, GS CIO, GS investment teams and external managers to Develop & communicate best-in-class thought leadership & market commentary across alternative asset classes

SKILLS & EXPERIENCE WE'RE LOOKING FOR

• Bachelors Degree or Higher
• 1-3+ years experience in wealth/asset management, banking, markets or private investing
• Understanding of financial markets and investment instruments - experience with alternative investments preferred
• Strong quantitative, analytical and problem-solving skills
• Team player, with excellent communication and interpersonal skills
• Strong ability to multi-task, with an ability to manage multiple projects with different deadlines
• Self-starter, with ability to work both independently and in a team-oriented environment and across group functions
• Solid work ethic, motivation level, and strong attention to detail
• SIE, Series 7, and Series 63 (must be obtained within 3 months)

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 opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range

The expected base salary for this Albany, New York, United States-based position is $60000-$100,000. 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.