Portfolio Manager
4 weeks ago
We are seeking a highly skilled Portfolio Manager to join our Insurance Fixed Income team at Goldman Sachs Asset Management (GSAM). 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.
GSAM's Insurance Asset Management team is a leader in the management of investment portfolios for life and health, property and casualty, and reinsurance companies. Our team is dedicated to providing innovative investment solutions that meet the unique needs of our insurance clients.
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 in the corporate, real estate investment trust, collateralized loan obligation, sports, and university sectors.
- Track financial performance, industry trends, and regulatory changes of portfolio companies, and monitor covenant compliance of required terms.
- 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, completing request-for-proposal documentation, and providing broad support to sales and client relationship management teams.
The successful candidate will be a self-starter, highly motivated, goal-oriented, and highly quantitative individual with a strong background in fixed income portfolio management. They will possess 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.
Required qualifications include a bachelor's degree in math, physics, hard sciences, computer science, engineering, economics, or finance, with a strong quantitative background. 5+ years of experience in private placement fixed income or a related field, with specific insurance industry experience and a CFA designation, are highly desirable.
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