Associate-Intermediate/VP with Goldman Sachs & Co. LLC in Salt Lake City, UT.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
Duties: Associate-Intermediate/VP with Goldman Sachs & Co. LLC in Salt Lake City, UT. Approve research reviews and analysis conducted by Analysts on counterparties in Natural Resource Industry (Oil & Gas, Chemicals, Metals & Mining and Utilities) and Private Wealth Management (PWM) clients and approve and assign Internal credit ratings based on the analysis. Engage in rate recommendations/analysis including: providing detailed write-up on the counterparties' credit qualities, such as financial performance, industry trends and outlook, liquidity and cash flow analysis, capital structure breakdown, etc. Approve and complete Leveraged Lending reviews on portfolio of counterparties that are designated with leveraged loans. Leveraged Lending primarily consist of analysis of the counterparties' historical cash flow generation and leverage (debt/EBITDA) trends, as well as creating/assessing seven year cash flow projections to determine the counterparties' ability to amortize debt. Create cash flow projections to calculate the counterparties' collateral valuation through Discounting Cash Flow (DCF) method. Analyze all credit facilities of the portfolio counterparties and recommend Regulator Risk Ratings. Consider the cash flow projections used in the Leveraged Lending Reviews to evaluate the counterparties debt repayment capacity on their specific credit facilities. Present findings from credit rating analysis, Regulatory Risk Rating analysis and Leveraged Lending reviews to senior management. Provide daily surveillance of portfolio counterparties on any material events, including but not limited to: public rating changes, merger and acquisition transactions, financial reporting, and debt issuances. Provide guidance on the impact of any material events to the counterparties' credit ratings. Participate in semi-annual Regulator Risk Rating audit performed by the Federal Reserve's Shared National Credit program, including: performing extensive research on the selected counterparty, detailed financial projection, comprehensive credit analysis write-up and making recommendation of Regulatory Risk Rating, with detailed rating rationale. Train and develop junior research analysts and provide regular feedback.
Job Requirements: Bachelor’s degree (US or foreign equivalent) in Business Administration, Finance, or a related field. Six (6) years of experience in the job offered or a related role. Must have six (6) years experience performing fundamental analysis, including financial and business profile analysis of Natural Resource companies. Must have five (5) years of experience: with past success in team environment, including experience providing training to junior colleagues; writing research reports on individual companies and sectors; research report should involve discussion of market fundamentals, detailed financial analysis and comparative analysis; preparing financial models including, but not limited to, future projections of revenues, EBITDA, and cash flows; utilizing different valuation methods, such as DCF (Discounted cash flows) and multiple based approach; and presenting and defending research reports and findings to colleagues, senior management and internal stakeholders.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
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