Junior Economist – Associate

The Goldman Sachs Group, Inc. stands as a premier global financial services organization, delivering investment banking, securities, and investment management solutions to a broad and varied clientele including corporations, financial institutions, governments, and high-net-worth individuals. The company is headquartered in New York and operates offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong, and other key financial hubs worldwide.

Asset Management Division

The Asset Management Division (AMD) offers investment management services and products spanning all major asset classes to a diverse range of institutional and individual clients. AMD further provides wealth advisory services, encompassing portfolio management and financial guidance, alongside brokerage and other transactional services for high-net-worth individuals and families.

Goldman Sachs Asset Management (GSAM) is known for delivering inventive investment solutions via a global, multi-product platform. This structure grants clients the benefits of a large corporation while preserving the advantages of a boutique approach. Central to GSAM’s success is the capacity to utilize a worldwide team of skilled professionals to craft solutions and spearhead changes across the operational framework.

GSAM Fixed Income

GSAM is a global frontrunner among Fixed Income Managers, managing Fixed Income assets for over two decades. Our investment philosophy and methodology revolve around a central principle: empowering sector experts to generate value. Our model is founded on the conviction that specialist teams possess a direct stake in achieving success. Each team functions autonomously, pinpointing optimal trade concepts and executing them directly within client portfolios. Portfolios benefit from varied alpha sources, integrating both top-down and bottom-up analysis. Risk management is a fundamental component of our process.

Summary Of Responsibilities

We are looking for a London-based economist at the Analyst or Associate level for our Macro team. Key duties will likely involve:

• Providing macroeconomic coverage for smaller developed economies, aiming to support the Rates and FX investment procedures.
• Developing perspectives on the probable trajectory of growth, inflation, and policy within those nations, and eventually contributing to the investment idea generation process.
• Assisting in the construction of statistical models and tools to support the research process and investment choices.
• Supporting other economists and portfolio managers with ad hoc analytical and data tasks.
• Crafting and delivering presentations to internal stakeholders, and aiding in the creation and upkeep of client-facing materials.

Preferred Qualifications & Skillset

• A Master’s degree in Economics, Mathematics, Statistics, or Finance is preferred.
• Expected to possess 2 to 5 years of prior work experience relevant to macroeconomic research.
• Strong quantitative abilities and proficiency in applied statistics and econometrics (time series & cross-sectional).
• Familiarity with statistical software like EViews, Macrobond, Haver; experience with Python or another programming language is advantageous.
• Solid understanding of macro and financial data, comprehension of institutional and policy-setting structures.
• Profound curiosity and enthusiasm for the interplay between macroeconomics and financial markets.
• A self-driven individual capable of working independently, while also collaborating effectively with other economists and portfolio managers.
• Excellent communication skills – verbal, written, and presentation abilities in English.

Tagged as: 3 to 5 years