GOLDMAN SACHS & CO. LLC logo

Asset & Wealth Management, Fixed Income, Agency MBS Portfolio Management, Vice P

GOLDMAN SACHS & CO. LLC

NEW YORK, NYJob$125–290K/yrSeen 5 days agoSeen in employer's feed 5 days ago

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At a glance

Compensation
$125–290K/yr
Location
NEW YORK, NY
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

Goldman Sachs Asset & Wealth Management is seeking a portfolio manager for its Securitized investment team, focused on Agency MBS. The role involves analyzing, trading, and taking risk in Agency MBS, with experience across pass-throughs, CMOs, and derivatives preferred. The successful candidate will help shape investment decisions and processes for client needs, collaborate across teams, and communicate market outlooks and investment decisions.

Skills & qualifications

RequiredNice to have

Skills

Agency MBS AnalysisAgency MBS TradingRisk TakingInvestment Decision-MakingLeadershipCommunicationInterpersonal SkillsQuantitative AnalysisAnalytical SkillsAttention to DetailIndependent WorkTeamworkCritical ThinkingProblem-SolvingMicrosoft ExcelMicrosoft PowerPointPass-ThroughsCMOsAgency MBS Derivatives

Qualifications

Bachelor's Degree5+ Years Agency MBS ExperienceAgency MBS Risk-Taking ExperienceInvestment or Trading Team Leadership

Full job description

Asset & Wealth Management OverviewA 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 trillion* in assets under supervision, 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. Fixed Income & Liquidity Solutions OverviewFixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.Role OverviewThe Securitized investment team is seeking a portfolio manager with experience managing assets in Agency Mortgages. The team manages over $102 billion* in Securitized assets across the global fixed income platform, with over $40 billion* in Agency MBS assets. The successful candidate will bring a deep background in Agency MBS. Experience analyzing, trading and taking risk in Agency MBS is a pre-requisite. Experience across Pass-throughs, CMOs and Agency MBS derivatives would be best. We are seeking a candidate who can communicate a robust investment process and will be prepared to develop and tailor that process to the specific needs of GSAM's clients. The candidate should evidence the ability to excel in a team environment. We are seeking a portfolio manager with strong leadership and communication skills who can take a significant role driving investment decision-making and implementation.Responsibilities * Generate new investment ideas through rigorous fundamental analysis across TBAs, specified pools, CMOs, and MBS derivatives * Work with portfolio managers and the cross-sector team to implement the Agency MBS investment process through regular research meetings, focusing on both top-down and bottom-up approaches * Coordinate trading activity across all Agency MBS products and account types, ensuring all relevant mandates abide by appropriate risk limits and investment guidelines * Manage projects with the technology and strategy teams to increase automation, improve quality of data, and create new trading tools * Work with lead portfolio managers in developing and communicating market outlooks, recent investment decisions, and new products to current or prospective clientsQualifications * Bachelor's degree * 5+ years of experience in Agency MBS, either on the sell-side or buy-side * Significant experience as a risk taker having ownership for material investment decisions in the sector * Leadership experience as part of an investment or trading team * Excellent communication and interpersonal skills * Strong quantitative and analytical skills, with excellent attention to detail * Highly degree of motivation, with the ability to work independently as well as thrive within a fast-paced team environment * Curiosity, strong critical thinking skills, and passion for problem-solving * Significant experience with Microsoft Excel and PowerPointSalary Range The expected base salary for this New York, New York, United States-based position is $125000-$290000. 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-tempora

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