Research Analyst

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

Job summary

An established industry player seeks a Commodities Research Associate to join their Macro Research team in New York. This role involves analyzing refined oil products, building forecasting models, and providing insights into market dynamics. As part of a collaborative team, you will engage with global stakeholders, conduct original research, and contribute to investment strategies. The ideal candidate will have a strong analytical background and experience in oil markets. This position offers a competitive salary and a comprehensive benefits package, making it an exciting opportunity for those passionate about market research and analysis.

Benefits

Healthcare & Medical Insurance

Competitive Vacation Policies

Financial Wellness & Retirement Support

On-site Fitness Centers

Child Care Services

Employee Assistance Program

Qualifications

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

Responsibilities

• Research and model oil market dynamics and trends.
• Build supply and demand forecasts for refined oil products.
• Convey market analysis to clients and trading desks.

Skills

Quantitative Analysis

Analytical Skills

Communication Skills

Teamwork

Python

Julia

R

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 location_on New York, New York, United States

Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) New York assignment JOB FUNCTION Research Analyst account_balance DIVISION Global Investment Research Division monetization_on SALARY RANGE USD 150,000 - 225,000

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
• 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

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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.