Our core value is building strong relationships with our institutional clients, which include banks, financial service providers, and fund managers. We help them buy and sell financial products around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and who are energized by the bustling trading floor.
Goldman Sachs is a leading origination, sales, trading, and lending franchise globally, covering the breadth of market participants and products. The Structured Funding Derivatives (SFD) desk at Goldman Sachs was established in 2001 as a global investing and trading business in structured financing. The team originates and makes markets on a variety of credit asset classes, structures bespoke financing solutions and focuses on opportunistic funding deployment and credit investing. These include financing in a variety of Total Return Swaps, Collateral Swaps, Repos, Repacks and Structured Notes. SFD manages a wide range of macro risk as well as credit and funding risks of a structured and illiquid nature. Local teams in London, Hong Kong and New York interact closely with Sales, Structuring, Banking, and clients to identify sources of excess liquidity globally and deploy it efficiently to counterparties in a variety of secured formats.
Scope of Role:
- Structuring and Diligence – Working with structuring on secured lending transactions across Total Return Swaps, Repos, Collateral Swaps, Repacks, Structured Notes . Fundamental diligence and analysis of collateral and counterparties.
- Documentation – Working with structuring/legal and other internal teams for preparation of term sheets, as well as review and negotiation of complex legal documents related to lending transactions.
- Product development – Collaborate to monitor market developments, reverse engineer structures in the market, and devise novel and unique features to optimize financing; understanding the implication of and solving regulatory, structural and market challenges.
- Model and research development – Work to develop financial models in support of transaction execution, rating agency interactions and investor dialogue. Work to identify areas of research that are critical to product development, risk measurement within transactions, or investor education
- Communication – Ability to interact with internal and external clients, including structurers, bankers, finance teams, legal counsel, rating agencies, and accountants. We expect that this professional will be a key part of our client franchise and will participate in and travel to meetings and client events
- Risk Management – Active risk management and monitoring across the book and regions, discuss existing and new strategies to effectively monetize the risks in the book in a volatile environment.
Minimum education and experience required:
- Strong academic record with Bachelor’s degree, equivalent or above in a technical discipline (e.g. Maths, Physics, Engineering, Economics or Management) required. 3-5 years prior experience within investment banking / financial services industry required, preferably in an area that involves trading or structuring.
Qualifications Skills required:
- A curious mind and desire to be a generalist. Our focus is broad, as well as deep.
- Entrepreneurial mindset, someone who can be independent and can approach solving quantitative and qualitative problems
- Structured products or lending experience and demonstrated knowledge of fixed income markets
- Demonstrated ability to perform detailed credit analysis in private or public markets
- Strong analytical and quantitative skills, especially reasoning from first principles when presented with novel asset-types and legal structures
- Comfort with drawing conclusions and making decisions with incomplete information
- Demonstrated financial modeling skills to understand and develop deal structure and cash flow waterfall models for revolving and amortizing transactions
- Technology skills including experience with Microsoft Excel. Python experience preferred.
- Ability to communicate clearly and anticipate context and follow-ups
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
