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- Tasks: Join a dynamic team researching refined oil products and market trends.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a rich history.
- Benefits: Enjoy professional growth, diversity initiatives, wellness programs, and flexible work options.
- Why this job: Be part of a creative, analytical team making impactful market insights in a fast-paced environment.
- Qualifications: Masters or undergrad in economics, engineering, or computer science with relevant oil market experience required.
- Other info: Goldman Sachs values diversity and offers accommodations for candidates with special needs.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the 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.
Role Overview: Our Commodities research team within GIR’s Macro Research group are seeking an experienced Associate to help provide key forecasts/outlook and insights for refined oil products prices and supply & demand.
Responsibilities:
- 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.
Experience & Qualifications Required:
- Masters (or undergraduate) in economics, engineering, or computer science with experience in oil markets and refined products research.
- At least 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 prior work experience includes minimum (2) years in:
- Contributing towards research with economic analysis of oil and refined oil product markets.
- Use of Python, Julia, or R.
- 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.
- 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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
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.
Global Investment Research, Macro Research, Commodities Research: Refined Oil Products, Associa[...] employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Investment Research, Macro Research, Commodities Research: Refined Oil Products, Associa[...]
✨Tip Number 1
Familiarise yourself with the latest trends in the refined oil products market. Stay updated on current events and reports that impact oil prices, as this knowledge will be crucial during interviews and discussions.
✨Tip Number 2
Network with professionals in the commodities research field. Attend industry conferences or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights into the role.
✨Tip Number 3
Brush up on your quantitative skills, especially in Python, Julia, or R. Being able to demonstrate your proficiency in these programming languages during technical discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your previous research experience in detail. Be ready to explain how your work has contributed to market analysis and decision-making, showcasing your analytical abilities and understanding of oil market dynamics.
We think you need these skills to ace Global Investment Research, Macro Research, Commodities Research: Refined Oil Products, Associa[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in oil markets and refined products research. Emphasise any quantitative skills and analytical projects you've worked on, especially those that align with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss specific experiences that demonstrate your ability to conduct market research and provide insights, particularly in commodities and refined oil products.
Showcase Technical Skills: If you have experience with programming languages like Python, Julia, or R, make sure to mention this in your application. Highlight any projects where you used these skills to analyse data or build forecasting models.
Prepare for Potential Questions: Think about how you would discuss your previous research experiences and the methodologies you used. Be ready to explain your understanding of market dynamics and how you would approach building supply and demand balances for refined oil products.
How to prepare for a job interview at Goldman Sachs
✨Know Your Market
Make sure to brush up on the latest trends in the refined oil products market. Be prepared to discuss recent developments, price fluctuations, and how macroeconomic factors influence supply and demand.
✨Showcase Your Analytical Skills
Since the role requires strong quantitative abilities, be ready to demonstrate your analytical skills. Prepare examples of how you've used data to inform investment strategies or market forecasts in your previous roles.
✨Communicate Clearly
Effective communication is key in this position. Practice articulating complex ideas simply and clearly, as you'll need to convey your analysis to both technical and non-technical stakeholders.
✨Prepare for Technical Questions
Expect questions related to economic theories and their application to commodity markets. Brush up on concepts like supply and demand curves, and be ready to discuss how these theories impact pricing and market dynamics.
