Associate 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 with Goldman Sachs & Co LLC in Salt Lake City, UT. Structure, analyze and execute leveraged finance transactions on behalf of companies in various industries, including Industrials, Technology, Consumer Retail and Financial Institutions. Analyze accounting and regulatory statements, debt filings and documents, financial projections and models as prepared in various formats by clients. Create detailed cash flow (Leveraged Buyout Model), discounted cash flow and comparable company analyses as well as three statement models, and interpret such quantitative analyses, to determine a company’s ability to raise debt or otherwise optimize its capital structure from a debt funding perspective. Advise clients on investor receptivity to potential credit agreement amendments. Author deal-related documents including information memoranda, lender and rating agency presentations, accounting supplements, and internal capital committee memoranda. Manage live deal execution, including working with syndicate desk to market deals to investors, coordinating and attending roadshows and liaising with other investment banks/bookrunners. Manage daily conference calls with clients in market on leveraged loan market conditions, deal progress, feedback from investors and any deal-related advice. Opportunistically identify market-driven financing opportunities for companies including capital raising and refinancings. Assist companies in preparation of materials to present to potential debt investors and rating agencies. Review complex legal documents including credit agreements, indentures, commitment papers, and offering memoranda and perform both quantitative and qualitative analysis based on the terms of those documents. Lead and coordinate due diligence efforts to facilitate transactions. Apply leveraged lending (Shared National Credit) regulations to applicable transactions and liaise with internal Credit Risk Management Advisory Group in connection with regulatory overlay on those transactions. Present to Treasurer/CFO level corporate clients on topics such as high yield market activity, financing alternatives, potential go-to-market strategies, syndication timelines, and other high yield-related topics. Supervise and coordinate the work of analysts/more junior deal team members.
Job Requirements: Bachelor’s degree (U.S. or equivalent) in Finance, Economics, or a related analytical field. Two (2) years of experience in the job offered or in a related investment banking position. Prior experience must include two (2) years of experience with: utilizing financial modeling techniques to build complex and dynamic financial models, including operating, Discounted Cash Flow, and Leveraged Buyout valuation models; projecting clients' free cash flow generation capacities through detailed analyses of income statement, balance sheet, and cash flow statement; ensuring compliance with Shared National Credit regulations for credit financing transactions; and executing detailed ongoing performance surveillance of clients to ensure compliance with credit agreements and collateral documents. Prior experience must include one (1) year of experience with: preparing presentations in Microsoft Word and PowerPoint and presenting to senior executives, such as CEO, CFO and Treasurer, on financing strategies and alternatives; providing quantitative and qualitative analyses on complex legal documents, including credit agreements, collateral documents, debt indentures, and commitment papers; managing multiple live work streams and coordinating with clients, external counsels, co-advisors and senior deal team members to ensure smooth execution of deals; and structuring and executing leveraged financing transactions with a minimum transaction size of $100 million. Travel Required 15% of the time domestically to attend client meetings.
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.