• CIMD, GSAM, Credit Alternatives, Private Credit Group, Analyst

    Location(s) US-NY-New York
    Job ID
    2019-50140
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    Investment Management
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    Private Credit Group
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Consumer and Investment Management (CIMD)

    The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

     

    GSAM

    Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

     

    Goldman Sachs Asset Management - Credit Alternatives is looking to hire a talented Analyst to work within its growing Private Credit Group ("PCG"). The Credit Alternatives group is an opportunistic credit platform within Goldman Sachs Asset Management with approximately $10 billion under management across various investment vehicles including three private credit vehicles (including Goldman Sachs BDC, Inc., a publicly traded Business Development Company), mutual funds, registered funds and separate accounts. The PCG invests primarily out of the three private credit vehicles which currently represent $5.5 billion of capital. The Analyst will be an integral member of the PCG investing team and will invest across the capital structure and industries in private credit markets. Deal teams within the PCG typically consist of 3 investment professionals, so the ideal Analyst must be able to manage significant competing responsibilities for investment review and deal execution. PCG is seeking an Analyst that will be able to contribute immediately to expanding the team's investment capability. The position offers long term career path opportunities for high performing analysts.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities:

    • Analyzing potential investment opportunities and completing full business due diligence including offering memorandum review, industry research, financial modeling, financial statement review, interaction with and assessment of management, use of consultants, review of third party research, speaking with customers/suppliers, etc.
    • Preparing screening memos for new investment opportunities and investment committee memos used for formal investment approval process
    • Active participation in deal team discussions and presentations with investment committee
    • Interfacing directly with private equity funds, C-level executives, other professionals within Goldman Sachs and third party due diligence providers during deal origination and execution process
    • Participating in the transaction closing process which includes legal documentation and funding operations
    • Performing ongoing due diligence and monitoring of portfolio companies and communicating updates to the investment committee (orally and in writing)

    RESPONSIBILITIES AND QUALIFICATIONS

    • 2-4 years of experience in investment banking (leveraged finance, financial sponsors group or M&A preferred, but not required), private equity, private credit, management consulting and/or other relevant fields
    • Strong oral and written communication skills
    • Strong attention to detail and good mathematical grounding
    • Strong interest in investing in different industries
    • Well-rounded team player with energy and enthusiasm
    • Accounting knowledge and financial modeling aptitude (required)

    ABOUT GOLDMAN SACHS

    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.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.