Research Associate, Asset & Wealth Management
About the job:
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong and other major financial centres around the world.
Asset Management Division
Asset Management Division (AMD) provides investment management services and offers investment products across all major asset classes to a diverse set of institutional and individual clients. AMD also offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services to high-net-worth individuals and families.
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.
GSAM Fixed Income
GSAM is a global leader among Fixed Income Managers and have been managing Fixed Income assets for more than 2 decades. Our investment philosophy and process are built around one core concept: empower experts in each sector of the market to deliver value. Our model is formulated on the belief that sector specialist teams have a vested interest in success. Each team operates independently, identifying the best trade ideas and implementing them directly into client portfolios. Portfolios are driven by diverse sources of alpha, including both top-down and bottom-up analysis. Risk management is integral to our process.
Summary of Responsibilities
We are seeking a London-based economist for our Interest Rates team. Key responsibilities will likely include:
Providing macro coverage for a number of smaller developed economies (such as Canada, Australia and Sweden), with a view to supporting the Rates investment process
Form views on the likely path of growth, inflation and policy in those countries, and over time contribute to the investment idea-generation process
Help build statistical models and tools to aid the research process and investment decisions
Assist other economists and the portfolio managers with ad hoc analytical and data work
Develop and deliver presentations to internal stakeholders, and help with creation and maintenance of client-facing content
Preferred Qualifications & Skillset
Master’s degree in Economics/Mathematics/Statistics/Finance required
Around 3 years of prior work experience related to macroeconomic research
Strong quantitative skills & fluency in applied statistics and econometrics - time series & cross sectional
Experience with statistical software such as EViews, Macrobond, Haver; Python or other programming language is a plus
Strong knowledge of macro and financial data, understanding of institutional and policy-setting frameworks
Deep curiosity, and a passion for the intersection between macroeconomics and markets
Self-motivated individual with the ability to work independently, and also interact with other economists and portfolio managers
Strong communication skills – spoken, written & presentation in English
Excellent understanding of Microsoft Office products, tools and utilities for business use
Demonstrated proficiency in multi-tasking, problem solving, and deadline management
Diversity, Equity & Inclusion
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