• CIMD, GSAM Credit Alternatives- Renewable Power Group Analyst/Associate, NY

    Location(s) US-NY-New York
    Job ID
    2019-51079
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Investment Management
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    Renewable Power 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.

     

    OUR IMPACT

    The Renewable Power Group (“RPG”) is a rapidly growing team which invests client capital in clean energy assets, including solar, storage and wind. The team sits within Goldman Sachs Asset Management (“GSAM”) Credit Alternatives, a boutique investment platform with approximately $8 billion under management.  RPG benefits from an experienced team of industry veterans and significant financial backing, which has resulted in meaningful growth since the team was founded in 2017. We have long-term plans to be among the world’s largest owners and operators of clean energy assets, and are therefore looking to hire an Analyst / Associate to support the team’s investing efforts.

     

    YOUR IMPACT 

    You will play an instrumental role on the team sourcing, evaluating and structuring investments in renewable energy assets. You will be given significant responsibility across the full deal lifecycle, and be exposed to high-profile transactions within a growing, entrepreneurial business.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    RESPONSIBILITIES AND QUALIFICATIONS

     

    Responsibilities

    • Assess technology risks, engineering plans and environmental landscape to help investment team make informed decisions
    • Build and develop framework for understanding carbon emissions to identify areas of potential renewable investments   
    • Support risk management efforts relating to commodity market exposure (e.g., SRECs/RECs, capacity, and merchant energy) by developing systems to track meteorological impact to portfolio
    • Develop investment thesis for new market and technology opportunities that are environmentally sound/ zero-emission/ renewable in nature
    • Analyze state-level renewable energy initiatives and the impact to the US electrical grid to better position investments in areas of growth and maximum environmental impact
    • Assist in drafting investment memoranda and presenting to the Investment Committee as it relates to energy/electrical, renewable energy certificates and weather risk in transactions

     

    Qualifications

    • 2-5 years of prior work experience in the engineering , environmental engineering, electrical engineering or renewable energy industry
    • Strong analytical, technical and programming skills
    • Passion for renewable energy industry (existing knowledge and experience is a plus)
    • Excellent verbal and written communication skills
    • Advance degree in Environmental Engineering, Mechanical Engineering or Environmental Sciences is highly desired
    • Ability to self-direct, analyze and evaluate and form independent judgments
    • Ability to interact and build relationships with a wide variety of people

    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.