GBM Private, Capital Solutions Group, Leveraged Finance - FIG, Associate - New York

Goldman Sachs•New York, NY

3d•$150,000 - $225,000•Onsite

About The Position

Goldman Sachs operates at the intersection of public and private markets, combining its advisory, origination, and investment capabilities. The Capital Solutions Group offers a comprehensive suite of financing, origination, structuring, and risk management solutions. The Investment Banking division tackles complex financial challenges and transactions, advising on mergers, providing financial solutions for acquisitions, and structuring initial public offerings. The Leveraged Finance group within this division originates, structures, advises, and executes bank loan and high yield bond financings for corporate clients and financial sponsors, acting as an intermediary between debt capital markets and issuing clients. This role involves close collaboration with various firm departments including Classic Investment Banking, Credit, Capital Markets, and Research.

Requirements

Master’s Degree and 2 years of investment banking experience; OR Bachelor’s degree and 5 years of investment banking, leveraged finance, or equivalent experience
Strong track record of executing Leveraged Finance transactions in an investment banking role
2 years’ experience on deal teams
History of outstanding academic and professional achievement
Excellent communication and presentation skills
Strong quantitative and technical abilities
Personal integrity, initiative and leadership qualities
Capacity to interact and build relationships with a wide range of people and act as a point of contact
Drive, enthusiasm, creativity and excellent interpersonal skills
Strong oral and written communications skills
Ability to work as part of a team in an environment that demands excellence, time and energy

Responsibilities

Drive the day-to-day execution of private debt, direct lending, and leveraged finance transactions under the guidance of senior deal leaders.
Coordinate with internal product groups (M&A, Sponsors, ECM, Risk, Legal, and Goldman's Credit Partners) and external counterparties to facilitate smooth transaction progress from origination to closing.
Build, maintain, and own complex financial models, and perform fundamental credit analysis, valuation, and due diligence for leveraged financings and recapitalizations.
Draft and prepare high-quality internal underwriting memos, credit committee presentations, and syndication materials (such as lender presentations and information memoranda).
Serve as a reliable point of contact for private equity sponsors, private credit funds, and corporate management teams regarding data requests, modeling, and process updates.
Assist senior bankers in originating new private debt and leveraged finance opportunities by developing pitch books, conducting industry research, and preparing relationship management materials.
Assist in evaluating and structuring tailored financing solutions that align with client objectives and current market conditions.
Supervise, mentor, and review the work of Analysts, ensuring high standards of accuracy, efficiency, and alignment with Goldman's quality benchmarks.
Provide guidance and constructive feedback to Analysts on financial modeling, presentation formatting, and professional development.
Actively contribute to a collaborative, high-performance, and inclusive team environment.
Maintain a strong working knowledge of private credit markets, investor appetite, documentation trends, leverage metrics, and regulatory developments.
Monitor and analyze competitive dynamics across private debt providers, Business Development Companies (BDCs), Collateralized Loan Obligations (CLOs), and alternative asset managers.
Support the growth of Goldman’s Leveraged Finance franchise by compiling market insights, tracking industry trends, and contributing to internal knowledge sharing.