Asset & Wealth Management -Portfolio Accounting Product Management - Associate - New York

ASSET & WEALTH MANAGEMENT

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm's primary investment area, we provide investment and advisory services for some of the world's leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

• Investors, spanning traditional and alternative markets offering products and services.
• Advisors, understanding our clients' priorities and poised to help provide investment advice and strategies that make sense for their portfolios.
• Thought Leaders, providing timely insights across macro and secular themes to help inform our clients' investment decisions.
• Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals.

Goldman Sachs- Asset Management Division is looking for a Portfolio Accounting Product Management Associate who will have direct responsibility for the strategy and implementation of the accounting platforms that support multiple client segments, asset classes and investment products across the global Asset & Wealth Management Public business. A successful candidate will have demonstrated expertise in building and leading a portfolio accounting technology platform. This accounting platform will serve as the investment book of records to provide timely data to Portfolio Managers, Operations, Performance, Reporting, and other consumers.

In this role you will:

• Partner closely with Portfolio Managers, Operations, Sales, Distribution and Engineering Partners to understand and develop the accounting platform strategy based on a deep understanding of business, efficiency drivers and stakeholder needs.
• Have a comprehensive view and understanding of the accounting standards, principles (including specific focus on tax lot accounting / wash sale accounting), financial products and associated accounting calculations in the asset management industry to drive competitive analysis.
• Deliver against our product roadmap while prioritizing the strategic initiatives, tactical projects, and product enhancements.
• Leverage data and key metrics to inform product strategy and deployment strategy.
• Support the portfolio accounting book of work by gathering functional requirements, managing cross-functional workstreams including data, engineering, design, operations, change management, and others.
• Responsible for producing and presenting decks and documents to support stakeholder buy-in.
• Execute on the prioritization and delivery of product solutions from beginning to end by translating client needs to market and business requirements, leading accountable cross-functional resources to execute and seeing through the delivery of solutions.
• Apply PDLC discipline; produce high quality artifacts and communicate key updates and insights to key stakeholders maintaining transparency and organizational alignment. Specific documentation across the PDLC includes Business Requirements gathering, Product Brief summaries, Release Notes, and training demos where applicable.

You will be successful in this role if you have had proven experience with: 

• Ability to influence cross-functional teams, from presenting conceptual ideas to execution Excellent written and verbal communication skills, including the ability to deliver presentations and communicate up and down the organization.
• Ability to work and deliver results independently, a self-starter with an ability to get in the weeds where necessary.
• Leading the definition of requirements and test cases for Engineering and QA.
• Ability to partner and drive results with third party vendors.
• Solving business solutions at scale with technology.

Qualifications:

• 3-5 years of experience operating within a technology platform / business accounting / operations management experience with an asset manager.
• Demonstrated familiarity with investment accounting, tax lot accounting, NAV reporting, performance, asset valuation, P&L calculations, and operational workflows.  
• Familiarity with FIS Investment Accounting Manager (formerly InvestOne) or any other accounting systems
• CPA and/or CFA (Chartered Financial Analyst) preferred
• U.S. GAAP technical accounting knowledge
• Experience with Agile/Scrum methodologies/JIRA
• Strong interpersonal, problem-solving, and planning skills

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. Headquartered in New York, we maintain offices around the world. 

We believe who you are makes you better at what you do. We are committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.