Global Banking & Markets, Special Assets Group, Associate - New York

Goldman Sachs • New York, NY

395d • $125,000 - $250,000

About The Position

The Associate position in the Special Assets Group at Goldman Sachs involves managing the firm's relationship lending portfolio and overseeing risk management across various Global Markets businesses. The role requires engagement with traders to review risk limits and execute trading strategies in a dynamic environment, focusing on corporate loans and market risk management.

Requirements

• 3+ years of relevant experience in Global Markets / Market Risk or a similar role with transferable skills.
• Understanding of fixed income math, risk metrics, and credit products.
• Basic understanding of financial statements, capital structure, credit ratings, and restructuring.
• Experience in corporate finance through credit/equity research is a plus.
• Broad knowledge across multiple trading businesses and products is a plus.
• Understanding of market risk measures, concepts, and regulatory rules.
• Desire and ability to collaborate with people from different departments and levels of seniority.

Nice To Haves

• Experience in corporate finance through credit/equity research.
• Broad knowledge across multiple trading businesses and products.

Responsibilities

• Assist in monitoring the loan portfolio, marking positions, and conducting credit research.
• Follow selected sectors and companies, keeping the team informed of key developments.
• Assist in executing cash and derivative trades both internally and through external coverage.
• Develop views on appropriate hedge strategies, candidates for sales, and target prices.
• Value and mark positions, many of which are illiquid, by reviewing comps and extrapolating across capital structures.
• Review risk limits across Global Markets and engage with traders responsible for each limit.
• Collaborate with Engineering to develop new risk reports and scenarios.

Benefits

• Competitive salary range of $125,000 - $250,000.
• Discretionary bonus eligibility for active employees at fiscal year-end.
• Comprehensive benefits and wellness offerings for full-time and part-time employees working at least 20 hours per week.

What This Job Offers

• Job Type: Part-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: No Education Listed