Global Investment Research, Commodities Research Associate, Refined Oil Products

Goldman Sachs; New York (NY); On-site; USD 150,000 - 225,000; Full time

Job summary

An established industry player is seeking a Commodities Research Associate to join their Global Investment Research team. This role involves analyzing refined oil products and providing insights to shape investment strategies. You will utilize your strong quantitative skills and analytical background to conduct research, build forecasting models, and communicate findings to clients and stakeholders. Join a dynamic team that values intellectual curiosity and creativity, and contribute to impactful market research that drives investment decisions. If you're passionate about economics and market analysis, this opportunity is perfect for you.

Benefits

Health Insurance

Retirement Plan

Paid Time Off

Professional Development Opportunities

Flexible Work Hours

Qualifications

• 2+ years of experience in oil and refined products research.
• Strong quantitative and analytical background required.
• Ability to work in a team-based environment.

Responsibilities

• Research and model oil market dynamics focusing on refined oil products.
• Build forecasting models for supply and demand balances.
• Convey analysis to sales and trading desks.

Skills

Quantitative Analysis

Analytical Skills

Research Skills

Communication Skills

Team Collaboration

Education

Bachelor's in Economics

Master's in Economics

Bachelor's in Engineering

Bachelor's in Computer Science

Tools

Python

Julia

R

Job description

Global Investment Research, Commodities Research Associate, Refined Oil Products

Join to apply for the Global Investment Research, Commodities Research Associate, Refined Oil Products role at Goldman Sachs

Global Investment Research, Commodities Research Associate, Refined Oil Products

Join to apply for the Global Investment Research, Commodities Research Associate, Refined Oil Products role at Goldman Sachs

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.

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.

Global Investment Research (GIR) provides investment recommendations by generating fundamental research and analysis of companies, industries, markets and economies. GIR analysts, economists and strategists help our clients achieve superior returns through our creative, differentiated investment insights and ideas. Our clients include mutual funds, hedge funds and pension funds, among others.

Job Summary And Responsibilities

The Macro Research team focuses on the intersection between economics and financial markets across a wide class of assets including equities, fixed income/credit, currencies, and commodities.

Associate in the Commodities research team within GIR’s Macro Research group working to provide forecasts/outlook for refined oil products prices, supply, and demand.

• 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
  
  

Qualifications

• Bachelor's (Master's preferred) in economics, engineering, or computer science with experience in oil markets and refined products research
• 2+ years 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
• An enthusiastic researcher/model builder
• 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 Qualifications

• Experience contributing towards research with economic analysis of oil and refined oil product markets
• 1+ years Python, Julia, or R.
• Experience 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
• Experience 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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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.

Salary Range

The expected base salary for this New York, New York, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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