The Goldman Sachs Group, Inc

Global Banking & Markets- Houston- Associate, Trading- 10113080

The Goldman Sachs Group, Inc$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Economics, Finance, or related field.
  • 2 years of experience in trading or related role.
  • Experience in quantitative analysis on trading products with mathematical valuations.
  • Competence in executing complex trades in financial and physical power and natural gas markets.
  • Skills in presenting investment theses and risk analyses to senior management.
  • Experience liaising with clients and internal teams for commercial outcomes.
  • Ability to build cash flow models and perform regression data analytics.

Responsibilities

  • Make prices and execute trades in equities, bonds, commodities, and foreign exchange.
  • Change and execute orders while managing associated risks.
  • Build relationships with sales, operations, engineering, and structuring teams.
  • Identify potential transactions and clients across industries with other trading desks.
  • Collaborate with senior team members to pitch and originate new transactions.
  • Develop term sheets, marketing materials, and committee presentations.
  • Conduct market analysis and research supply and demand factors for natural gas and power.

Benefits

  • Comprehensive health insurance coverage.
  • Retirement plans with company matching.
  • Professional development and training opportunities.
  • Flexible work environment with potential remote work options.
  • Employee wellness programs and initiatives.
Full Job Description
Job Duties: Associate, Trading with J. Aron & Company LLC in Houston, Texas. Responsible for making prices and executing trades in asset classes such as equities, bonds, commodities and foreign exchange on behalf of the firm's clients. Changing and executing orders, managing risk of related books, and building relationships with sales, operations, engineering and structuring teams to facilitate premiere client experience. Work with other Trading desks and Sales / Investment Banking coverage to identify potential transactions and clients across various industries and products. Work with senior team members to proactively pitch and originate new transactions and build relationships with clients and advisors. Work on fundamental and quantitative research and trading ideas for a trading desk and client trades. Develop term sheets, marketing materials, internal committee presentations and produce detailed financial models, scenario, and credit analysis. Work with control side personnel during execution to ensure transaction approval and support. Conduct in-depth market analysis and research supply and demand factors for natural gas and power markets. Structure and price transactions as part of collaborative team. Manage ongoing credit and/or funding risks post-execution. Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Economics, Finance, or a related field and two (2) years of experience in job offered or a related role. Prior experience must include two (2) years with: conducting quantitative analysis on complex trading products, including working with mathematical valuations and probability weighted outcomes and applying this analysis to provide liquidity and manage risk; executing complex trades and structured transactions in various financial and physical power and natural gas markets; presenting investment theses and risk analyses to senior leaders; liaising with clients, investors, and internal sub-groups to achieve commercial outcomes; applying financial accounting principles to build cash flow models and corporate valuations; and performing regression data analytics on historical trading data.

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.

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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.

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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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