Research Analyst

Goldman Sachs Bank AG; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an experienced Associate to join the Commodities research team. This role involves analyzing and forecasting refined oil products prices and supply-demand dynamics. You will conduct original research, build forecasting models, and convey insights to clients and trading desks. The ideal candidate will have a strong analytical background, experience in oil markets, and proficiency in programming languages like Python, Julia, or R. Join a dynamic team committed to delivering game-changing insights in the investment landscape.

Qualifications

• 2+ years of experience in oil and refined products research.
• Strong quantitative and analytical background required.

Responsibilities

• Research and model oil market dynamics focusing on refined oil products.
• Build supply and demand balances for refined oil products through 2030.

Skills

Quantitative Analysis

Analytical Skills

Communication Skills

Teamwork

Python

Julia

R

Education

Masters in Economics

Undergraduate in Engineering

Undergraduate in Computer Science

Job description

GLOBAL INVESTMENT RESEARCH

From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game-changing insights. You’ll be part of a team that is intellectually curious, creative, analytical, and passionate about performing market research.

ROLE OVERVIEW

Our Commodities research team within GIR’s Macro Research group are seeking an experienced Associate to help provide key forecasts/outlook and insights for refined oil products prices and supply & demand.

RESPONSIBILITIES

• Research, model, and write reports on oil market dynamics and developments with a particular focus on refined oil products trends and oil products investment and hedging strategy
• Build supply and demand balances for refined oil products through 2030
• Build out and maintain forecasting models
• Convey analysis and market views to sales and trading desks, and clients (both investors and corporates)
• Initiate and execute original research

EXPERIENCE & QUALIFICATIONS REQUIRED

• Masters (or undergraduate) in economics, engineering, or computer science with experience in oil markets and refined products research
• At least 2 year of relevant work experience in oil and refined products research working either within an investment bank, refiner, oil major, energy consultancy, trading house, or hedge fund providing market views, forecasts, and recommendations or investment strategies
• Strong quantitative and analytical background
• Strong interpersonal and communication (written and verbal) skills and ability to interact with global stakeholders
• Ability to work in a team-based environment and adapt to a dynamic and changing organization
• Preferred prior work experience includes minimum (2) years in:
  • Contributing towards research with economic analysis of oil and refined oil product markets
  • Use of Python, Julia, or R.
  • Monitoring market developments, understanding market-moving supply and demand events, and writing daily market commentary on price drivers as well as factual reporting of data releases
  • Applying economic theory to commodity markets, such as shifts in supply and demand curves and marginal price implications

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

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.