Goldman Sachs

Asset & Wealth Management, Multi-Asset Solutions: Personalized Portfolios Investment Product Manager (Retirement), Vice President - Chicago

Goldman Sachs  •  Chicago, IL (Onsite)  •  5 hours ago
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Job Description

Asset and Wealth Management Divisional Overview

A 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 $3.14 trillion in assets under supervision globally, 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 the 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.

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within Goldman Sachs Asset Management. It designs and develops comprehensive investment management solutions customized to meet client objectives and constraints. These solutions utilize proprietary research and multi-asset analytics. With investment professionals across the globe, MAS invests or advises on assets for some of the world's leading corporations, sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices.

The successful candidate would become a member of the Retirement Planning and Advice Investment Product Team— a managed accounts and advice solution for defined contribution plans and other primarily retirement asset pools — within MAS that develops personalized retirement glidepaths, portfolios and retirement income plans for individual investors based on the capabilities brought to the firm in the 2022 acquisition of NextCapital. This person will have a leadership role in developing new investment capabilities and features and overseeing our investment methodology for Retirement Planning and Advice. Additionally, the individual will also represent investment methodology and features with clients and prospects as well as consultants and advisors.

The role is highly analytical, focusing on the execution and implementation of new retirement investing features and methodology enhancements, spanning the early development phase through governance approvals and final implementation. The candidate will work closely with multiple teams including quantitative researchers, engineering, product, UX, participant engagement and project management teams. The ideal candidate is someone who has familiarity with defined contribution plans, and personalized retirement planning and investing solutions with prior responsibility in either or both a product management and/or client portfolio manager-type role.

Core responsibilities include:

  • Drive the evaluation, design, and enhancement of investment features and methodologies for Retirement Planning and Advice
  • Monitor the managed accounts landscape, including competitive positioning, industry trends, and regulatory developments
  • Represent investment team as part of broader discussions with clients, prospects, consultants, advisors and other external parties regarding Retirement Planning and Advice services
  • Ownership of methodology design for select features, including the development of governance materials and the facilitation of formal approval cycles
  • Development of client and participant-facing methodology and investment product documents
  • Project and roadmap management, in coordination with the project management and engineering teams
  • Review large amounts of data and develop observations and time series trends
  • Ad hoc requests to review investment fund exposures and portfolios
  • Review recurring investment deliverables to clients and prospects

Other required skills/experience:

  • Bachelor's degree or equivalent
  • At least 5 years of relevant experience in defined contribution, retirement or digital financial planning
  • Strong writing and presentation skills
  • Excellent investment acumen and advanced quantitative proficiency
  • Mastery of advanced Excel (including creating bespoke analytics) and PowerPoint capabilities
  • Experience with multi-asset portfolio construction
  • Experience working with multiple clients/projects simultaneously
  • Experience presenting to internal and external Investment Committees a plus
  • Strong understanding of the managed accounts landscape (e.g. competitive dynamics, fiduciary considerations, etc.) a plus
  • Experience as a product manager and/or client portfolio manager in related field a plus
Goldman Sachs

About Goldman Sachs

We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.

Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.

For 156 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.

Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.

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Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, New York
Year Founded
Unknown
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