Global Banking & Markets - Public - Power Trading - Analyst - Houston

Goldman Sachs • Houston, TX

1d

About The Position

The US Power Trading desk is seeking a motivated fresh graduate or first-year analyst to join the Commodities business within Global Banking & Markets. The desk makes markets in a variety of US power markets and works with corporate clients primarily located across North America.

Team members price and execute derivatives transactions, stay informed about events across commodity markets, and work with the wider team to support and build the business. The role also involves supporting trading and market-making, risk management, and trade execution across several US power markets.

Requirements

• Bachelor's degree or expected graduation from an undergraduate or graduate program.
• Demonstrated interest in commodities, financial markets, trading, energy, macroeconomics, or risk management.
• Strong analytical, quantitative, and problem-solving skills.

Nice To Haves

• Proficiency in Python and VBA is preferred but not required.

Responsibilities

• Support daily trading and market-making activity across commodity products.
• Develop an understanding of commodities market fundamentals and trends and communicate information succinctly to salespeople and clients.
• Support risk management and trade execution across power markets, notably PJM, MISO, NYISO, and NEPOOL.
• Manage risk for cash and short-term trading positions.
• Execute and book flow-based and structured trades across power markets.
• Price and execute derivatives transactions.
• Stay connected with market events across commodity markets and work with the wider team to support and build the business.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level