Global Banking and Markets Private, Structured Finance - Structured Credit Solutions Group, Associate, New York
About the Role
The Capital Solutions Group within Global Banking & Markets is looking for an Associate to join the Structured Finance - Structured Credit Solutions ("SCS") team in New York. SCS is a diverse and global business that brings together broad capabilities across financing, underwriting, capital raising, risk management and advisory to provide holistic solutions to our clients. The group works closely with classic investment banking, trading and other product groups to originate and execute structured finance transactions.
The SCS team is a market-leading and differentiated franchise focused on pioneering creative and novel structured solutions for corporate clients across all sectors and regions. Working with the SCS team means the opportunity to be involved with some of the most consequential and strategic financings for major corporates. Recent deals include structured equity joint ventures (including digital infrastructure), Esoteric ABS transactions such as airline loyalty-backed financings and spectrum-backed financings, pre-IPO structured HoldCo financings and cross-border asset-backed LBO financings, among others. We are an entrepreneurial team and regularly adjust our focus based on key themes and trends relevant to our clients. In addition to recently executed transactions, we offer solutions spanning hybrid capital, non-traditional project finance, bespoke future flow financings, tax credit monetization, and special situations financings. The team employs a OneGS approach. Through a cross-divisional effort with our Asset & Wealth Management division, we offer both best-efforts and principal executions for clients in developed and emerging markets.
Responsibilities
- Manage transaction processes, leading Analysts
- Develop models and analyses
- Work across different coverage and product teams on a variety of projects simultaneously
- Engage with clients and get exposure to GS leadership
- Develop significant product knowledge while building a broad skill set in a short period of time
- Work closely with senior bankers in preparing written and oral presentations
- Run asset and financing analyses
- Develop credit information for ratings agencies and investors
- Review legal and other offering documents
- Assist in the valuation and financing associated with M&A, LBO and asset sale transactions
Basic Qualifications
- Completed an undergraduate degree and available to start immediately (subject to any notice period required by their current employer, if applicable)
- 2+ years of relevant experience in Investment Banking / M&A, Structured Finance, Securitization, ABS, or Asset Backed Finance
Preferred Qualifications
- Strong modeling and financial analysis expertise
- Experience of working on complex, structured transactions
- Ability to form independent judgments and move transactions forward
- Self-starter with an entrepreneurial attitude
- Strong analytical and quantitative skills
- Good presentation / communication skills with ability to effectively interact with groups across divisions (e.g., traders, sales, investment bankers)
- Ability to balance multiple tasks and projects simultaneously
- Demonstrate strong attention to detail
- Drive and enthusiasm with a team orientation
Pay
The expected base salary for this New York, NY, United States-based position is $150,000-$225,000. 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.