Portfolio Manager

1 week ago


New York, New York, United States Goldman Sachs Full time
About the Role

We are seeking a highly skilled Portfolio Manager to join our Insurance Fixed Income team at Goldman Sachs Asset Management. As a Portfolio Manager, you will be responsible for managing fixed income investment portfolios for insurance companies, working closely with our team of Senior Insurance Portfolio Managers.

Our Insurance Asset Management team is a leader in the management of investment portfolios for life and health, property and casualty, and reinsurance companies. We have a dedicated global insurance business, including an insurance fixed income management team, a relationship management team, and an insurance strategy team.

As a Portfolio Manager, you will be based in one of our global offices, including New York, London, Germany, Switzerland, Japan, and Asia.

Responsibilities
  • Originate and evaluate private placement transactions, including financial modeling, company research, industry evaluation, and covenant analysis.
  • Present investment opportunities to the Credit Committee and relay deal specifics to Senior Insurance Portfolio Managers for allocation decisions.
  • Establish and maintain relationships with agent banks to originate and evaluate private placement opportunities.
  • Track financial performance, industry trends, and regulatory changes of portfolio companies, and monitor covenant compliance.
  • Prepare credit summaries for annual portfolio reviews and maintain dialogue with issuers, attend management meetings, and negotiate covenant and waiver requests.
  • Drive new business initiatives by analyzing prospective client portfolios and providing broad support to Sales and Client Relationship Management teams.
Qualifications

The successful candidate will be a self-starter, highly motivated, goal-oriented, and highly quantitative. They should possess experience in client-facing fixed income portfolio management, a proven track record of responsibility and attention to detail, extensive analytical skills, and the ability to deal with complex portfolio situations under time pressure.

Bachelor's degree in math, physics, hard sciences, computer science, engineering, economics, or finance with a strong quantitative background is required. 5+ years of experience in private placement fixed income or a related field, specific insurance industry experience, and a CFA are a plus.


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