Trading Associate

2 weeks ago


New York, New York, United States Goldman Sachs & Co. LLC Full time
Position: Trading Associate at Goldman Sachs & Co. LLC

Location: New York, New York

Role Overview:
As a Trading Associate, you will engage in comprehensive economic research and analytical tasks to construct financial models, execute fundamental credit assessments, and perform technical trading evaluations. Your role will involve conducting thorough due diligence to propose investment strategies under varying levels of oversight.

Key Responsibilities:
- Gather and analyze economic and financial data utilizing statistical methodologies to create empirical models that forecast and provide insights into market dynamics.
- Design and implement sophisticated algorithms while collaborating with the Firm's sales teams to assess exposure, structure transactions, and clarify quantitative concepts to clients.

Qualifications:
- A Bachelor’s degree (U.S. or foreign equivalent) in Business Administration, Finance, Mathematics, or a related discipline.
- A minimum of two (2) years of experience in a similar role or related position.

Essential Experience:
Your prior experience should encompass:
- Involvement in trading or sales pertaining to high-yield or distressed corporate credit.
- Conducting quantitative evaluations on intricate trading instruments, including mathematical valuations and probability-weighted outcomes, to facilitate liquidity and manage risk across corporate bonds, credit derivatives, and leveraged loans.
- Presenting investment strategies and risk assessments to senior management.
- Collaborating with clients, investors, and internal teams to achieve commercial objectives.
- Engaging with various investment sectors such as technology, media, gaming, food and beverage, or leisure.
- Applying financial accounting principles to develop cash flow models and corporate valuations.

Licenses:
FINRA Series 7 and 63 are required.

Compensation:
The anticipated annual base salary for this position is between $147,000 and $225,000. Additionally, you may qualify for a discretionary bonus based on your employment status at fiscal year-end.

Benefits:
Goldman Sachs is dedicated to offering competitive benefits and wellness programs, which are integral to enhancing the overall employee experience. A summary of these benefits is available for eligible employees.

Application Process:
Qualified applicants are encouraged to apply through the company’s careers page. Goldman Sachs is an equal employment/affirmative action employer, committed to diversity and inclusion in the workplace.
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