Fixed Income Portfolio Manager

4 weeks ago


New York, New York, United States Goldman Sachs Full time

About the Role

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

About the Team

Our Insurance Asset Management team is a leading industry player 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. Our team members are based in key locations around the world, including New York, London, Germany, Switzerland, Japan, and Asia.

Responsibilities

  • Private Placement Transaction Origination
    • Perform investment analysis and credit evaluation, including financial modeling, company research, industry evaluation, and covenant analysis. Document research in credit memoranda for peer evaluation and present investment opportunities to the Credit Committee.
    • Establish and maintain relationships with Agent Banks to originate and evaluate Private Placement opportunities in the corporate, REIT, CTL, sports, and university sectors.
  • Portfolio Management
  • Track financial performance, industry trends, and regulatory changes of portfolio companies, monitoring covenant compliance and preparing credit summaries for annual portfolio reviews.
  • Maintain dialogue with Issuers, attend management meetings, and negotiate covenant and waiver requests.
  • Drive new business initiatives by analyzing prospective client portfolios, completing request-for-proposal documentation, and providing broad support to Sales and Client Relationship Management teams.

Qualifications

The successful candidate will be a self-starter with a strong quantitative background, possessing experience in client-facing fixed income portfolio management and a proven track record of responsibility and attention to detail. A Bachelor's degree in a quantitative field, such as math, physics, or computer science, is preferred, although other backgrounds with strong analytical skills will be considered. Five or more years of experience in private placement fixed income or a related field, with specific insurance industry experience and a CFA certification, are highly desirable.



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