Investment Research Associate

2 weeks ago


New York, New York, United States Goldman Sachs & Co. LLC Full time
Position Overview:
Join Goldman Sachs & Co. LLC as an Investment Research Associate. This role involves analyzing and providing stock recommendations for U.S. publicly traded consumer Internet firms.

Your responsibilities will include presenting investment ideas—buy, sell, and hold recommendations—to institutional clients such as mutual funds, pension funds, and hedge funds. You will also collaborate with the firm's internal sales and trading teams, drafting research reports and conducting educational sessions for investors regarding initial public offerings (IPOs) of new stocks within the team's coverage of approximately 50 companies.


Qualifications:
A Bachelor's degree (U.S. or foreign equivalent) in Finance, Accounting, Business Administration, Liberal Arts, Economics, or a related analytical discipline is required, along with two (2) years of relevant experience in the field or a comparable position.

Prior experience must include:
- Applying accounting and finance principles to project financial outcomes (earnings, cash flows) and assess equity value using various methodologies.
- Conducting financial modeling and scrutinizing public company disclosures and financial statements.
- Utilizing financial databases such as FactSet, Thomson Reuters, and Bloomberg.
- Employing Excel for advanced financial model analysis, and using Word and PowerPoint for crafting investment research documents on companies and sectors.
- Evaluating IPOs, equity and debt offerings, and corporate spin-offs.
- Effectively communicating investment insights to stakeholders.

Applicants must be able to secure FINRA Series 7, 63, 87, and 86 licenses within four months of hire (unless exempt under FINRA rule 1220(b)(6)(B)).

Travel Requirements:
Travel is expected to be around 5-10% of the time, primarily domestic, with some international travel for marketing and industry events. All travel expenses will be reimbursed by the firm.


Compensation:
The anticipated annual base salary for this position is $208,000. Additionally, you may qualify for a discretionary bonus if you remain an active employee at the end of the fiscal year.
Benefits:
Goldman Sachs is dedicated to offering competitive benefits and wellness programs, which are integral to ensuring a positive employee experience. A summary of these benefits is available for active, non-temporary, full-time and part-time U.S. employees working at least 20 hours per week.

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