Goldman Sachs Alternatives – Hybrid Capital Investing - Associate – London London · United King[...]

Goldman Sachs Asset Management is one of the world's leading asset managers with over $3 trillion in assets under supervision. As the primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals.

Hybrid Capital provides flexible solutions for businesses seeking non-control alternatives to traditional private equity or greater flexibility than traditional debt. We principally deploy the West Street Strategic Solutions Fund, now in its second vintage after the success of Fund I ($14bn).

Associates work as part of small deal teams in a wide range of high profile transactions across the capital structure ranging from secured debt to minority common equity. The role is highly analytical with emphasis on fundamental valuation, financial modelling, analysis of financial accounts, and legal documentation. The work is deal-focused and dynamic, and will bring you in contact with a wide range of businesses, industries, geographies, investment structures and products as well as advisors and management teams.

RESPONSIBILITIES

• Engaging in all aspects of due diligence and business analysis including but not limited to financial modelling / analysis, fundamental valuation analysis, market research, competition analysis to develop and refine investment theses
• Participating in structuring, negotiating and documenting investments
• Communicating and defending investment theses to internal stakeholders and committees, including relevant Asset Management and Firm-wide Investment Committees
• Actively monitoring existing investments in the portfolio
• Originating investment ideas via early engagement with relevant parties (e.g., financial sponsors, company management teams, founders)
• Building relationships with sponsors, management teams and internal GS stakeholders

SKILLS & EXPERIENCE REQUIRED

• Investment Banking or Principal Investing candidate with 4 to 5 years of experience
• Strong academic record with Bachelor's degree, Master's degree or equivalent in Finance, Economics, Business Studies, Industrial Engineering or a related discipline from a distinguished academic institution required
• Prior work experience in private equity, private credit is a plus
• Strong quantitative, financial modelling, analytical and problem-solving skills
• Passion for investing with an interest in complex credit and equity investments
• Flexible and creative mindset; ability to analyze a variety of industries and businesses
• Confident verbal and written communication / interpersonal skills essential
• Solid work ethic and high levels of motivation required
• Excellent MS Excel skills essential and knowledge of MS Power Point
• Fluency in one or more of French, German, Italian or Spanish is an advantage
• Ability to self-direct, analyze and evaluate and form independent judgments
• Excellent organizational skills and attention to detail required

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.

BENEFITS AT GOLDMAN SACHS

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.

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