Asset & Wealth Management, Public, XIG, Hedge Funds - Associate

The XIG Hedge Funds investment team evaluates external hedge funds across a range of geographies and investment styles. Investments include equity long/short, event driven, tactical trading, relative value, systematic, US equity, global equity, fixed income, and distressed credit strategies. The team's evaluation involves performing quantitative and qualitative analysis and subsequently presenting investment views to the team's Investment Committee and Portfolio Management teams. The team is also actively involved in the portfolio construction and risk management process for client portfolios.

Asset & Wealth Management

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 $2 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. 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 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.

The External Investing Group ("XIG") provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, public equity strategies and fixed income strategies. XIG manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary-market investments, co-investments, and seed-capital investments. With over 350 professionals across 11 offices around the world, XIG provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on Goldman Sachs' market insights and risk management expertise. We extend these global capabilities to the world's leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices, for which we invest or advise on over $300 billion of alternative investments, public equity strategies and fixed income strategies.

Responsibilities:

• Participate in the manager selection process, including due diligence meetings with new and existing hedge fund portfolio managers and research analysts
• Analyze strategies and sectors of the hedge fund universe to understand key themes and trends and inform relative manager views
• Develop relationships with hedge funds and industry participants to inform the due diligence process
• Collaborate with team members to prepare investment memorandums and present recommendations to the team's Investment Committee and Portfolio Managers
• Write research and commentary on manager-level and industry-level performance and related topics
• Contribute to a range of XIG group-wide initiatives including various research publications, client-related activities, and other business development initiatives
• For all of these activities, work in conjunction with the other areas of the XIG group and broader Firm, including the Client Portfolio Solutions, Risk Management & Analytics, Risk Management, Legal, Compliance, and Technology teams

Qualifications:

• Ability to work effectively as part of a team in a fast-paced, dynamic environment
• Demonstrated orientation toward and interest in understanding financial markets and investment management
• Exceptional analytical and quantitative abilities, including a high level of proficiency in market data applications such as Microsoft Excel
• Strong written and verbal communication skills
• Sense of accountability and dedication to continuous professional improvement
• Aptitude to manage multiple tasks by demonstrating project planning, organization, and time management skills
• At least 2-4 years of relevant work experience

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

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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.