Associate with Goldman Sachs & Co. LLC in New York, NY.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)
Duties: Associate with Goldman Sachs & Co. LLC in New York, NY. Providing risk management advice to corporate and private equity clients across industry sectors in the United States and Canada relating to their macroeconomic exposures, including interest rates, inflation, foreign currency, credit, commodities, and equities. Identifying and quantifying clients’ risk exposures from asset-liability mismatches and strategic financial transactions, including mergers and acquisitions (US and cross-border), debt issuances and repurchases, restructurings and equity offerings. Structuring, pricing and executing interest rate, inflation, foreign currency, credit, commodity and equity derivative transactions that meet clients’ specific economic and accounting criteria in collaboration with Trading personnel and various other parts of the firm (including the Credit and Legal department). Identifying, assessing and prioritizing business opportunities through client interaction, financial statement analysis, monitoring of client portfolios and market parameters and screening of general and industry-specific publications. Structuring, negotiating and interpreting ISDA (“International Swaps Dealer Association”) Master Agreements, Schedules, CSAs (“Credit Support Annexes”), trade confirmations and other governing documents relating to derivative transactions and financings. Determining appropriate content for and creating client presentation materials. Coordinating and guiding junior bankers in producing analysis, creating client presentations and pricing derivative transactions related to both internal and external presentations and trade executions. Recruiting, training and mentoring junior bankers.
Job Requirements: Bachelor’s degree (U.S. or equivalent) in Economics, Finance or a related field. Two (2) years of experience in the job offered or a related investment banking role. Prior experience must include two (2) years of experience with: analyzing a client’s exposure to a variety of financial markets, including interest rates, inflation, currencies, commodities and equities, as well as determining the potential impact on a clients’ financial metrics, including EBITDA, interest expense, EPS, leverage, enterprise value and IRR; structuring, pricing and executing interest rate, inflation, foreign currency, credit, commodity and equity derivative transactions in collaboration with Structuring and Trading personnel. Experience must include the pricing of CVA/FVA (Credit and Funding Value Adjustments) and return on equity, handling of large transactions in excess of $1 billion notional, transactions with challenged or distressed credits, and transactions with multinational corporations and transactions with lien-based as well as cash collateral; building relationships with and presenting recent market developments risk management strategies to senior executives (including corporate CFOs and Treasurers) and other key decision makers (such as Assistant Treasurers and Treasury team members); analyzing clients’ financial statements (prepared under US GAAP and IFRS) and other disclosures (including credit agreements and sale and purchase agreements in M&A situations) in order to identify clients’ risk exposures, their current hedging activities and that of comparable companies; negotiating and analyzing ISDA (“International Swaps Dealer Association”) Master Agreements, CSAs (“Credit Support Annexes”), trade confirmations and other governing documents relating to derivative transactions; analyzing the impact of derivative solutions on financial statements and ensuring compliance with derivative accounting standards; recruiting, training and guiding junior bankers in generating content, presenting to clients, and pricing and executing derivative transactions; and utilizing Microsoft Power Point, Word, Excel and Bloomberg, to develop effective internal and external presentations, create financial models, as well as analyze data. FINRA Series 79 or 63 licenses required. Travel required approximately 15% of the time to meet with clients in locations outside of NY, NY.
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.