Asset & Wealth Management, XIG, Chief Financial Officer (CFO) of Evergreen Funds, Private Markets, Extended Managing Director - New York
Goldman Sachs · New York, United States · 9h ago
Goldman Sachs is seeking an experienced Chief Financial Officer (CFO) for a new platform of evergreen private markets offerings within the External Investing Group (XIG). These new investment vehicles are designed to provide qualified investors with perpetual access to buyout, growth, venture capital, and credit strategies, leveraging the open architecture platform of the XIG business. This platform of private markets funds will be targeted globally to wealth clients of Goldman Sachs and its Third-Party Wealth partners. This position offers a rare opportunity to join an established and high-performing franchise at the outset of a scalable new platform of fund vehicles. The CFO will interact at a high level with senior professionals within Goldman Sachs, its key partners, and clients as the firm seeks to raise capital across the platform.
XIG (External Investing Group) provides clients with investment and advisory solutions, across leading hedge fund managers, private credit funds, private equity funds, real estate managers, public equity strategies, fixed income strategies and ESG (impact) strategies across all asset classes. XIG manages globally diversified programs, targeted sector-specific strategies, customized portfolios and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, co-investments, secondary-market investments and seed-capital investments. With over 450 professionals across 15 offices around the world, XIG provides manager diligence, portfolio construction, risk management and liquidity solutions to investors, drawing on Goldman Sachs market insights and risk management expertise. We extend these global capabilities to the world’s leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, high-net-worth individuals and family offices, for which we invest or advise on over $500 billion of alternative investments, public equity strategies and fixed income strategies. We are focused on diversity of thought and have team members with a wide range of backgrounds and professional experiences.
Key Responsibilities:
Working hand-in-hand with the Co-CEOs and Lead Portfolio Managers, the key responsibilities of the CFO will include:
- Financial Reporting & SEC Compliance: Serve as one of the primary signatories for SEC filings, providing SOX certifications, and overseeing the regulatory filing and annual audit processes.
- Valuation and NAV Oversight: Collaborate closely with the Goldman Sachs Controllers team and Lead PMs in overseeing the valuation process for the family of evergreen funds.
- Portfolio Construction and RIC/40 Act Compliance: Collaborate with the Co-CEOs, Lead PMs, the Portfolio Strategy & Risk Management team and the GS Tax team in portfolio construction to ensure compliance with the 40 Act and Registered Investment Company (“RIC”) requirements related to asset diversification, income, and distributions.
- Liquidity and Tender Offer Management: Collaborate with the XIG Portfolio Strategy & Risk Management Team, Co-CEOs, and Lead PMs in capital planning, quarterly tender offer execution, and credit oversight.
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Preparation of Board materials relating to the evergreen funds and presenting to the Board on all matters relating to the Board’s oversight role
Qualifications:
The successful candidate will be a hands-on team player, proactive, deadline-focused, process-oriented, and possess strong written and oral communication skills, contributing strategically, financially, and operationally.
Experience & Education:
- Bachelor's Degree in Finance or Accounting or an MBA; CPA preferred.
- Minimum of 10 years of progressive experience in financial leadership roles.
- Prior experience and strong financial acumen in alternative investments are essential, particularly in evergreen private markets offerings.
- Experience in Chief Financial Officer or Chief Accounting Officer roles or teams would be highly accretive
Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$250000. 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.