AWM, External Investing Group, Early-Stage Capital, Investment Associate - San Francisco
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.
Skills Required
- 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
- Proficiency in Microsoft Excel
- Proficiency in Microsoft PowerPoint
- Curiosity and open mind for technology trends, products, and business models
- Passion for understanding venture capital and technology from investment, legal, and operational perspectives
- 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
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
