Asset & Wealth Management (Private) – Alternatives Product Strategy – Associate – London

Asset & Wealth Management (Private) – Alternatives Product Strategy – Associate – London

Goldman Sachs Asset Management is one of the world's leading asset managers with over $3 trillion in assets under supervision. Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals. At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. Our people are our greatest asset, and we take pride in supporting each colleague both professionally and personally.

We are seeking a highly driven and detail-oriented Associate to join our growing team in London. Alternatives Asset Management is a strategic growth area for our firm, representing a critical component of our long-term vision and commitment to providing innovative investment solutions for our clients. This is an exciting opportunity to contribute to a dynamic and expanding area of AWM, developing market intelligence materials and creating financial models for new and existing products.

Principal Responsibilities

• Play a pivotal role in supporting the early-stage positioning and governance requirements of alternative investment product offerings across asset classes, including Private Credit, Private Equity, Real Estate, Infrastructure, and External Investing Group (XIG), while also identifying opportunities to streamline these processes to meet regulatory standards and obligations.
• Act as a key point of contact for product governance guidance, review, and oversight through the firm's existing processes across global Product and Distribution Initiatives.
• Run and present at governance forums, often alongside product specialists, to opine on product governance-related rules and regulations.
• Ensure strong documentation of governance activities across the firm.
• Liaise closely with Legal and Counsel across product Governance responsibilities, including identifying appropriate follow-ups and actions.
• Act as a central point of contact for the AIFM(s) and where necessary, the relevant Fund and AIFM Boards.
• Support development of Product proposals for new ideas and next vintage funds (idea generation, portfolio composition, product and distribution governance).
• Utilize new technology and processes to maintain and develop fund analyses, focusing on pricing, performance, revenue, expenses, and asset availability.
• Collaborate closely with internal stakeholders such as investment teams, distribution, legal, fund management, operations, compliance, controllers, and tax to develop and execute product strategy and development projects.
• Proactively document and develop team processes and procedures, identifying efficient ways of working and contributing to strong overall documentation of governance activities across the firm.
• Respond to internal questions from senior management and salespeople across all sales channels (private wealth, institutional, third-party distribution) related to the Alternatives platform and pipeline.
• Demonstrate a strong strategy and execution mindset with the ability to independently manage workload and deliver on multiple priorities.

Skills & Experience We Are Looking For

• Bachelor's degree, with a minimum of 3 years of industry experience.
• Ideally Investment Management Certificate (IMC) qualified.
• In-depth knowledge of the asset management industry, client channels, and Alternatives vehicle mechanics and requirements (AIFs, Private Funds) gained through previous experience in product research and/or strategy consulting roles.
• Prior knowledge of Alternatives, including private credit, real estate, hedge funds, or private equity, is preferred.
• Proven ability to manage complex fund products effectively, coupled with a deep understanding and practical application of global regulatory frameworks such as MiFID, AIFMD, and the FCA Consumer Duty, particularly concerning the Value for Money assessment.
• Ability to manage multiple concurrent projects effectively in a fast-paced and dynamic environment, demonstrating a strong capacity to shift mindset and reprioritise with changing business needs, with prior experience either in-house or through consulting engagements.
• Strong interpersonal skills and a collaborative approach, with the ability to build relationships across diverse teams and effectively navigate multiple stakeholders, with an understanding of their different needs.
• Excellent written and verbal communication skills, especially the ability to explain complex technical concepts in simple terms to other stakeholders.
• Proactive, problem-solving skills with a strong work ethic, strategic mindset, and ability to employ a commercial perspective.
• Commercially minded and aware of stakeholder intricacies, with proven ability to navigate multiple stakeholders.
• Strong technical skills, including a high level of proficiency in Microsoft Excel and excellent PowerPoint skills.

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview
CORPORATE TITLE
Associate
OFFICE LOCATION(S)
London
JOB FUNCTION
Fundraising / Strategic Capital
DIVISION
Asset & Wealth Management