What are the responsibilities and job description for the Asset & Wealth Management, Alternatives Capital Formation, XIG - Imprint Strateg position at The Goldman Sachs Group?
About Goldman Sachs: Goldman Sachs Asset Management is one of the world's leading asset managers with over $3 trillion in assets under supervision. 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.
The External Investment Group ("XIG" or the "Group") resides within AMD ("Asset Management Division") and is Goldman Sachs' dedicated manager selection business, covering solutions across private equity, real estate, credit/fixed income, ESG integrated and impact strategies, public equity, and hedge funds. We manage globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors generally access opportunities through new fund commitments, secondary market investments, co-investments, seed capital investments, investment manager equity/ revenue share stakes, or fund of fund solutions. The XIG Group is one of the world's broadest, deepest, and longest-standing "open-architecture" programs, investing or advising on over $400bn.
XIG Imprint is the ESG and impact investment group in XIG with a mandate to build and manage client portfolios that generate market rate returns and tangible environmental and/or social impact. XIG Imprint invests in third party managers and co-investments across asset classes including private equity, real assets, private credit, public equity and fixed income. XIG Imprint specializes in nine investment themes including Clean Energy, Sustainable Transport, Food & Agriculture, Waste & Materials, Ecosystem Services, Education, Health, Financial Inclusion and Communities. Imprint was founded in 2008 and acquired by Goldman Sachs in 2015, as part of the firm's commitment to ESG and impact investing.
XIG is seeking a client VP to support its growth strategy including new product development, prospective and ongoing client engagement, and stakeholder management.
Principal Responsibilities:
- The individual will be responsible for helping to drive commercial strategy, capital formation & client engagement initiatives for the Imprint Platform. This involves supporting the fundraise strategy and ongoing business development for various Imprint solutions across client channels.
- Coordinate with sales and client functions to collect market feedback, support product development, and execute go-to-market strategies
- Direct client due diligence processes, from initial engagement to legal documentation and negotiations
- Develop thematic content for engaging prospective and current clients
- Function as primary relationship manager for select clients
- Work closely with junior members of the team to help with direct response to various client inquiries, including due diligence requests, participation in RFPs, performance and data analyses, ongoing reporting, and requests for portfolio updates, amongst other ad hoc client requests and projects
- Support client projects and initiatives such as impact reporting
Experience & Skills:
- Minimum of 7 years of client strategy experience in asset management
- Demonstrated experience and expertise in private markets
- Knowledgeable of and demonstrated interest in ESG and Impact
- Excellent communication (written and oral), analytical and interpersonal skills
- Strong relationship building skills, for use with both clients and internal stakeholders
- Strong leadership skills, including the ability to lead global fundraising campaigns and manage existing investor relations
- Ability to map and prioritize commercial areas of focus
- Ability to respond to ESG and Impact inquiries from clients and internal stakeholders
- Strong team player who will be seen and felt as value add by existing global team
Salary Range
The expected base salary for this San Francisco, California, 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-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Salary : $125,000 - $290,000