GBM Private, Capital Solutions Group, Corporate Credit Portfolio Group , Credit
Goldman Sachs Group, Inc., New York, NY, United States
GBM Private, Capital Solutions Group, Corporate Credit Portfolio Group, Credit Research - Associate/VP - New York
New York, New York, United States
Job Description Capital Solutions Group Goldman Sachs operates at the fulcrum of one of the most important structural trends in finance: the convergence of public and private markets. We combine the #1 global advisory franchise, a leading origination business, and an investing platform that deploys capital across liquid and alternative asset classes.
Our Capital Solutions Group is a comprehensive suite of financing, origination, structuring, and risk management solutions. The depth and breadth of our relationships, enriched by the velocity of our deal flow, provide clients unique insights to maximize value and unlock opportunity. Our integrated structure is built to provide comprehensive, tailored solutions that propel both our issuing and investing clients forward.
The Corporate Credit Portfolio Group manages Goldman’s relationship lending portfolio, a risk book with 100+ bln of corporate debt, ranging from investment grade to distressed. We are Street-facing and execute trading/hedging strategies in loans, CDS, bonds, options, tranches, and post‑bankruptcy positions. The New York team is responsible for managing all of the group’s risk in the Americas. We are a small team, so each person is expected to gain expertise across a broad range of credits, industries, and products.
The role focuses on managing the portfolio and is great for an experienced credit research analyst with a strong skillset in credit analysis / investment skills who enjoys working in a fast‑paced, market‑oriented environment. You will analyze corporate credit, price risk across capital structures, and guide portfolio risk management. Candidates should be interested in managing risk at the micro / single‑name level and at the macro level across 1,000+ credits in every industry.
Responsibilities
Perform fundamental analysis on companies and sectors.
Develop, monitor, and update portfolio screens for news and price changes on 1,000+ credits.
Follow and develop a credit view on a subset of the ~100 most topical names.
Assist in executing cash and derivative trades.
Develop views on appropriate hedge strategy, candidates for sales, and target prices.
Value and mark positions, many of which are illiquid, by reviewing comps, extrapolating across the capital structure, and building models based on financial statements.
Basic Requirements
3‑5 years of experience in credit research and/or investing (buy‑side or sell‑side) or a related field such as investment banking and equity research. Strong fundamental credit skills, including financial modelling, valuation, relative value, and recovery analysis.
Facility with basic fixed‑income math, risk metrics, and credit products.
Familiarity with loans is a plus.
Progress toward CFA (any level) is a plus.
Salary Range The expected base salary for this New York position is $100,000–$160,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal‑year end.
Benefits Competitive vacation policies based on employee level and office location. Employee benefits include financial wellness programs, health and medical benefits, fitness and wellness support, childcare assistance, and additional programs to support employees’ well‑being.
Equity & Diversity We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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Job Description Capital Solutions Group Goldman Sachs operates at the fulcrum of one of the most important structural trends in finance: the convergence of public and private markets. We combine the #1 global advisory franchise, a leading origination business, and an investing platform that deploys capital across liquid and alternative asset classes.
Our Capital Solutions Group is a comprehensive suite of financing, origination, structuring, and risk management solutions. The depth and breadth of our relationships, enriched by the velocity of our deal flow, provide clients unique insights to maximize value and unlock opportunity. Our integrated structure is built to provide comprehensive, tailored solutions that propel both our issuing and investing clients forward.
The Corporate Credit Portfolio Group manages Goldman’s relationship lending portfolio, a risk book with 100+ bln of corporate debt, ranging from investment grade to distressed. We are Street-facing and execute trading/hedging strategies in loans, CDS, bonds, options, tranches, and post‑bankruptcy positions. The New York team is responsible for managing all of the group’s risk in the Americas. We are a small team, so each person is expected to gain expertise across a broad range of credits, industries, and products.
The role focuses on managing the portfolio and is great for an experienced credit research analyst with a strong skillset in credit analysis / investment skills who enjoys working in a fast‑paced, market‑oriented environment. You will analyze corporate credit, price risk across capital structures, and guide portfolio risk management. Candidates should be interested in managing risk at the micro / single‑name level and at the macro level across 1,000+ credits in every industry.
Responsibilities
Perform fundamental analysis on companies and sectors.
Develop, monitor, and update portfolio screens for news and price changes on 1,000+ credits.
Follow and develop a credit view on a subset of the ~100 most topical names.
Assist in executing cash and derivative trades.
Develop views on appropriate hedge strategy, candidates for sales, and target prices.
Value and mark positions, many of which are illiquid, by reviewing comps, extrapolating across the capital structure, and building models based on financial statements.
Basic Requirements
3‑5 years of experience in credit research and/or investing (buy‑side or sell‑side) or a related field such as investment banking and equity research. Strong fundamental credit skills, including financial modelling, valuation, relative value, and recovery analysis.
Facility with basic fixed‑income math, risk metrics, and credit products.
Familiarity with loans is a plus.
Progress toward CFA (any level) is a plus.
Salary Range The expected base salary for this New York position is $100,000–$160,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal‑year end.
Benefits Competitive vacation policies based on employee level and office location. Employee benefits include financial wellness programs, health and medical benefits, fitness and wellness support, childcare assistance, and additional programs to support employees’ well‑being.
Equity & Diversity We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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