Asset & Wealth Management, Fixed Income, Investment Grade non-Financial Credit Research, Vice President

Asset & Wealth Management Overview

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $3 trillion* in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions and building meaningful relationships with your clients.

Fixed Income & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

Role Overview

Goldman Sachs Asset Management's Corporate Credit Team is seeking a Credit Analyst to join the Investment Grade Credit Research team in New York The Investment Grade credit research analyst will be responsible for performing company and industry due diligence, interacting with industry participants, constructing financial models, assessing relative valuation, maintaining investment infrastructure and making recommendations for a range of portfolios that the global corporate credit team manages. The successful candidate will demonstrate an ability to draw analytical conclusions from a variety of quantitative and qualitative inputs, be able to derive an investment conclusion and will be a skilled communicator. Candidates should have a commitment to a team-oriented culture and possess a natural inquisitiveness and enthusiasm for investment research.

Responsibilities

• Establish an analytical framework for each assigned industry and place companies in context of this framework.
• Analyze issuers via financial analysis, evaluation of industry positioning, assessment of management and strategy, and interaction with management and sell-side analysts, among other factors.
• Assess the relative value of investment opportunities by interpreting risk-reward parameters, legal and capital structures, bond covenants, market drivers of bond performance and the value of available alternatives.
• Recommend investments for a range of portfolios (e.g., with different risk appetites, restrictions on currencies/countries) and defend those recommendations in both oral and written communication with portfolio managers.
• Perform ongoing due diligence and monitoring of portfolio positions and key credits.
• Collaborate with investment professionals across the AWM Corporate Credit, Fixed Income and Fundamental Equity teams.
• Communicate updates in a timely fashion (orally and in writing) to team members across the globe and maintain these views in our internal research system.

Qualifications

• 3+ years of investment research experience, preferably with a background in Healthcare.
• Strong communication skills (oral and written).
• Strong modeling, analytical and quantitative skills.
• Understanding of financial markets, preferably within Fixed Income.
• CFA study (at any level) a plus.
• MBA a plus.