AWM, External Investing Group, Early-Stage Capital, Investment Associate - San Francisco

Location: San Francisco, CA, United States Department: Asset & Wealth Management

Asset & Wealth Management

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. 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. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth 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.

External Investing Group (XIG)

The External Investing Group (XIG) is responsible for identifying, researching and selecting leading third-party investment managers. The group provides investors with advisory and investment solutions across leading private equity funds, co-investment strategies, secondaries, hedge fund managers, GP stakes, real estate managers, public equity and fixed income strategies. With over 350 professionals across 11 offices globally, XIG helps institutional and individual investors with their program design, manager diligence, portfolio construction and risk management.

HOW YOU WILL FULFILL YOUR POTENTIAL

We are seeking an intellectually curious Associate to join our growing Early-Stage Capital team. The Associate will assist in sourcing, analyzing, and executing investments throughout the entire deal process. Associates take on substantial responsibility and are a crucial component to the deal teams and investment decisions.

Responsibilities

Drive due diligence processes for direct investments and fund commitments

Create financial analyses, waterfall models, and internal memos to assess potential investments

Understand market trends and develop industry perspectives through research and market sector reports

Assist in proactively sourcing new investment opportunities

Analyze, monitor, and manage current portfolio holdings

Attend conferences and industry events to build personal networks and enhance firm relationships

Assist in various operational activities

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

BA/BS from a leading undergraduate institution

2-3+ years of experience in investment banking, management consulting, venture capital, or private equity

Excellent research and analytical skills including a proficiency in Microsoft Excel and PowerPoint

Curious and open mind for technology trends, products, and business models across multiple segments

Passion for understanding venture capital and technology from an investment, legal, and operational perspective

Adaptive team player with a collaborative working style

Excellent interpersonal and communication skills

Commitment to excellence, attention to detail, and a strong work ethic

Proactive attitude with flexibility to take on special projects

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're 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're 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.

Salary Range

The expected base salary for this San Francisco, CA, United States-based position is $100000-$170000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.