Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global [...]

Goldman Sachs; Dallas (TX); On-site; USD 40,000 - 100,000; Full time

Job summary

Goldman Sachs is seeking a Global High Yield Credit / Research Analyst to join its Asset & Wealth Management division. This role focuses on thorough analysis of high yield bonds and leveraged loans, combining financial modeling, research, and teamwork to identify lucrative investment opportunities. Candidates should have over six years of relevant experience and demonstrate a commitment to high-level investment research.

Qualifications

• 6+ years in research or investment management.
• Strong background in accounting and financial modeling.
• Interest in high yield and leveraged loans.

Responsibilities

• Perform due diligence and analysis on high yield investments.
• Prepare financial forecasts and present investment recommendations.
• Monitor portfolio positions and assess risk and return.

Skills

Financial Modeling

Research Skills

Communication Skills

Critical Thinking

Education

MBA

CFA

Job description

Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global High Yield Credit Analyst, Vice President

Join to apply for the Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global High Yield Credit Analyst, Vice President role at Goldman Sachs

Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global High Yield Credit Analyst, Vice President

1 day ago Be among the first 25 applicants

Join to apply for the Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global High Yield Credit Analyst, Vice President role at Goldman Sachs

Asset & Wealth Management Overview

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $3 trillion* in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions and building meaningful relationships with your clients.

Job Description

Asset & Wealth Management Overview

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $3 trillion* in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions and building meaningful relationships with your clients.

Fixed Income & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

Role Overview

The Global High Yield Credit / Research Analyst role is an integral part of the High Yield & Bank Loan investing team. The Credit / Research Analyst will be responsible for analyzing companies that operate across a range of sectors/sub-sectors. Duties include performing sector and company due diligence, modeling/forecasting company financials, and preparing/presenting high yield bond and leveraged loan recommendations. Ongoing maintenance research entails monitoring and reporting on an assigned coverage list, assessing risk/return and relative value, and identifying/presenting new investment opportunities across a broad range of credit strategies. A successful candidate must demonstrate a commitment to a team-oriented culture and possess a natural inquisitiveness and enthusiasm for investment research. Strong financial modeling, advanced written/verbal communication skills, and an ability to apply a critical thinking mindset, are key attributes needed to be successful.

Responsibilities

• Establishing analytical frameworks to review sectors/industries
• Performing ongoing due diligence, self-monitoring of portfolio positions and key credits, and pushing periodic updates in a timely fashion
• Analyzing high yield and leveraged loan issuers across a range of sector/industries, via financial modeling, accounting review, interaction with management teams and sell-side analysts, and the assessment of company/management communications and third-party research
• Assessing the relative value of high yield bond and leveraged loan investment opportunities through the analysis and interpretation of sector trends, market drivers, regulatory risks, issuer strengths/weaknesses, capital structure considerations, financial projections, comparative company analysis, and legal/covenant structure considerations
• Recommending investments across a range of portfolios (e.g. differing risk appetites, restrictions on currencies/countries, ESG mandates, etc.) and updating/defending recommendations with Investment Committee team members across the globe through both oral and written research communications
  
  

Required Qualifications

• 6+ years’ experience in research, investment management, or investment banking
• Must have Research / Analyst experience
• Telecom, Media and Technology sectors are a plus
• Demonstrable interest in, and commitment to, investment research
• Sound accounting background, strong financial modeling skills, and knowledge of capital structure
• Strong social and communication skills (oral and written) and willingness to work in a team environment
• Advanced qualifications:
• Prior High Yield and/or Leveraged Loan investing experience
• Advanced credit analytical skills – including detailed covenant analysis
• Stressed/distressed credit investing and workout experience
• MBA and/or CFA study (at any level)

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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