
Asset & Wealth Management, Quantitative Equity Solutions Long/Short Portfolio
NEW YORK, NYJobSeen 5 days agoSeen in employer's feed 5 days ago
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Job overview
Goldman Sachs Asset Management’s Quantitative Equity Solutions team manages customized equity portfolios and develops investment strategies for Ultra High Net Worth, institutional, and retail clients. The Vice President (Long/Short PM) will focus on long/short equity research and portfolio implementation, managing portfolios and collaborating with technologists, strategists, researchers, and operational partners to improve investment tools and launch mandates.
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Full job description
Job Summary & Responsibilities Goldman Sachs Asset Management's Quantitative Equity Solutions team is a fast-growing group which oversees more than $300BN across over 60,000 customized equity portfolios, Exchange Funds, Mutual Funds and ETFs. The Quantitative Equity Solutions group delivers investment solutions to Ultra High Net Worth, Institutional and Retail clients in order to address investor needs and goals including: tax management, risk management, value alignment, yield enhancement, customization and beyond.As a focal point for one of the division's key priority initiatives, the team operates in an entrepreneurial environment but with the resources of a large organization. A core focus for the team is managing cutting-edge investment strategies and innovating new investment capabilities that can transform the asset management industry. We design and employ highly-scalable portfolio management systems to create equity-based investment strategies to meet client investors needs. Current investment solutions range from tax managed offerings, long/short strategies, single stock diversification, income based strategies, factor based investing, values alignment and environmentally oriented portfolios - with more strategies under development. The Portfolio Management team is responsible for research, portfolio construction and portfolio implementation of the investment strategies managed by the Quantitative Equity Solutions team. Responsibilities include research into investment strategy development, process enhancements and strategy improvements, as well as portfolio construction and portfolio implementation. Portfolio managers works closely with client portfolios managers, engineers, operations, controllers, compliance, and product managers. Responsibilities also include collaborating on new investment strategies and digital tools we are developing. Our team is energized by leveraging technology to create scale and customization across our entire business and deliver an excellent client experience with industry leading investment solutions and performance. Our team operates in a fast-paced environment that welcomes individuals who have a background and demonstrated interest in portfolio management, investment research and client collaboration. The Vice President (Long/Short PM) role within the Portfolio Management team will specifically focus on long/short equity research and portfolio implementation.Responsibilities: * Manage long/short portfolios daily, monitoring risk exposures, margin utilization, leverage, and short locates while ensuring adherence to each account's mandate and investment guidelines * Oversee the trade lifecycle for long and short positions (e.g. corporate actions, booking, collateral flows, etc.) partnering with middle office, operations, and prime brokers * Work with technologists, strategists, and researchers to enhance portfolio construction, risk monitoring, performance attribution, and implementation tools (OMS, Dashboards, etc.) for long/short portfolios * Help launch new and innovative mandates in existing or new investment vehicles * Contribute to thought leadership, highlighting our strategies' effectiveness across different client contexts * Consider tax-awareness throughout research and portfolio implementation including awareness of US tax regulations relevant to long/short equity investing * Ensure compliance with all internal and external rules and regulationsQualifications: * 5+ years of equity portfolio management experience, preferably with long/short portfolios and quantitative investment strategies * Undergraduate and/or graduate degree in mathematics, computer science, financial engineering, or other STEM-related background * Computer programming experience with a focus on portfolio implementation (e.g., Python, MATLAB, R, etc.) * Creative, diverse problem-solving skills, solid economic intuition, and good commercial instinct * Exceptional atte
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