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Asset & Wealth Management – Fixed Income – Research Analyst – High Yield and Bank Loans / Global High Yield Credit Analyst – Associate

Asset & Wealth Management – Fixed Income – Research Analyst – High Yield and Bank Loans / Global High Yield Credit Analyst – Associate

CompanyGoldman Sachs
LocationNew York, NY, USA
Salary$100000 – $170000
TypeFull-Time
Degrees
Experience LevelMid Level, Senior

Requirements

  • 3-7+ years’ experience in research, investment management, or investment banking
  • Must have Research / Analyst experience
  • Sound accounting background
  • Strong financial modeling skills
  • Knowledge of capital structure
  • Strong social and communication skills (oral and written)
  • Willingness to work in a team environment

Responsibilities

  • Establishing analytical frameworks to review sectors/industries
  • Performing ongoing due diligence, self-monitoring of portfolio positions and key credits, and pushing periodic updates in a timely fashion
  • Analyzing high yield and leveraged loan issuers across a range of sector/industries, via financial modeling, accounting review, interaction with management teams and sell-side analysts, and the assessment of company/management communications and third-party research
  • Assessing the relative value of high yield bond and leveraged loan investment opportunities through the analysis and interpretation of sector trends, market drivers, regulatory risks, issuer strengths/weaknesses, capital structure considerations, financial projections, comparative company analysis, and legal/covenant structure considerations
  • Recommending investments across a range of portfolios (e.g. differing risk appetites, restrictions on currencies/countries, ESG mandates, etc.) and updating/defending recommendations with Investment Committee team members across the globe through both oral and written research communications

Preferred Qualifications

  • Telecom, Media and Technology sectors are a major plus
  • Prior High Yield and/or Leveraged Loan investing experience
  • Advanced credit analytical skills – including detailed covenant analysis
  • Stressed/distressed credit investing and workout experience
  • MBA and/or CFA study (at any level)