The Goldman Sachs Group, Inc

Asset & Wealth Management, Hybrid Capital Investing, Associate - New York

The Goldman Sachs Group, Inc • $150K — $225K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-4 years of experience in Investment Banking or Principal Investing
  • Bachelor's or master's degree in Finance, Economics, Business Studies, Industrial Engineering, or related field from a prestigious institution
  • Experience in private equity or private credit is advantageous
  • Strong quantitative and financial modeling skills
  • Creative mindset with an ability to assess diverse industries
  • Excellent verbal and written communication skills
  • High motivation and strong work ethic
  • Proficient in MS Excel and knowledgeable in MS PowerPoint
  • Ability to independently analyze and make judgments
  • Strong organizational skills and attention to detail

Responsibilities

  • Conduct comprehensive due diligence and business analysis, including financial modeling and market research
  • Participate in structuring, negotiating, and documenting investment deals
  • Effectively communicate and defend investment theses to internal committees
  • Monitor and assess existing portfolio investments
  • Generate new investment ideas through engagement with financial sponsors and management teams
  • Cultivate relationships with sponsors, management teams, and internal stakeholders at Goldman Sachs

Benefits

  • Competitive benefits and wellness offerings
  • Strong support for overall employee experience
  • Availability for both full-time and part-time employees working at least 20 hours per week
Full Job Description
Job Description

HYBRID CAPITAL OVERVIEW

Hybrid Capital provides flexible solutions for businesses seeking non-control alternatives to traditional private equity or greater flexibility than traditional debt. We have investments out of West Street Strategic Solutions Fund I, a $14bn fund raised in 2020, and are in-market raising, and actively investing out of, Fund II. Analysts and Associates work as part of small deal teams in a wide range of high-profile transactions across the capital structure ranging from secured debt to minority common equity. The role is highly analytical with emphasis on fundamental valuation, financial modelling, analysis of financial accounts, and legal documentation. The work is deal-focused, dynamic, and will bring you in contact with a wide range of businesses, industries, geographies, investment structures and products as well as advisors and management teams.

RESPONSIBILITIES
  • Engaging in all aspects of due diligence and business analysis including but not limited to financial modelling and analysis, fundamental valuation analysis, market research, and competitive analysis to develop and refine investment theses
  • Participating in structuring, negotiating, and documenting investments
  • Communicating and defending investment theses to internal stakeholders and committees, including relevant Asset Management and Firm-wide Investment Committees
  • Actively monitoring existing investments in the portfolio
  • Originating investment ideas via early engagement with relevant parties (e.g., financial sponsors, company management teams, founders)
  • Building relationships with sponsors, management teams, and internal Goldman Sachs stakeholders

SKILLS & EXPERIENCE REQUIRED
  • Investment Banking or Principal Investing candidate with 2 - 4 years of experience
  • Strong academic record with a bachelor's degree, master's degree, or equivalent in Finance, Economics, Business Studies, Industrial Engineering, or a related discipline from a distinguished academic institution
  • Prior work experience in private equity or private credit is a plus
  • Strong quantitative, financial modeling, analytical, and problem-solving skills
  • Passion for investing with an interest in complex credit and equity investments
  • Flexible and creative mindset; ability to analyze a variety of industries and businesses
  • Confident verbal and written communication and interpersonal skills
  • Solid work ethic and high levels of motivation
  • Excellent MS Excel skills essential and knowledge of MS PowerPoint
  • Ability to self-direct, analyze and evaluate, and form independent judgments
  • Excellent organizational skills and attention to detail


Salary Range
The expected base salary for this New York, NY, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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