What are the responsibilities and job description for the Asset & Wealth Management, Client Solutions Group, ETF Capital Markets, Vice Pre position at The Goldman Sachs Group?
Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.
Job Summary & Responsibilities:
We are seeking a highly motivated and detail-oriented Vice President to join our ETF Capital Markets team. The Capital Markets team sits at the intersection of product, portfolio management, and distribution and is dedicated to enhancing the secondary market trading ecosystem for our clients. This person will be responsible for market surveillance, partnering with key liquidity providers to deliver robust market quality, and serving as a resource for our sales & distribution teams. The team covers all asset classes across Goldman Sachs Asset Management Public Investing.
Primary Day-to-day responsibilities include:
- Monitor trading activity of Goldman Sachs ETFs in the secondary market to identify real-time risks related to price volatility, spread width and market depth, premium/discounts, and trading volumes.
- Work in close collaboration with Portfolio Management teams to ensure the creation/redemption process across all products is functioning efficiently and help to monitor Authorized Participant activity.
- Partner with key internal stakeholders on ETF launches to support specific aspects of product development and liquidity provisioning - listing exchanges, lead market makers, and seed capital.
- Serve as a subject matter expert for financial advisors and institutions on trading implementation, maintaining relationships with custodial trading desks and sell side partners to help guide best execution practices.
- Maintain awareness of industry trends and market structure reform impacting the ETF trading landscape.
- Create content on ETF trading-related thought leadership.
Preferred Qualifications and Experience
- Bachelor's degree and at least 5 - 8 years of experience at an ETF issuer or in an ETF sales and trading role.
- Deep fixed income and/or derivatives experience a plus.
- Series 7 and 63 licensed strongly preferred.
- Excellent verbal and written communication skills required.
- Strong technical skills related to ETF structure and general market micro-structure.
- Ability to work well in a fast-paced team environment with flexibility and a high level of self-motivation.
- Ability to prioritize tasks, manage timelines, and work independently.
- Highly organized with attention-to-detail and excellent follow-through.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.