At a Glance
- Tasks: Join our team to advise on exciting financial transactions and manage client relationships.
- Company: Goldman Sachs is a leading global investment bank with a commitment to diversity and inclusion.
- Benefits: Enjoy a dynamic workplace, professional growth opportunities, and wellness programs.
- Why this job: Make an impact early in your career with direct client interaction and responsibility.
- Qualifications: Up to 2 years of relevant experience and a strong academic background required.
- Other info: Expect rapid growth in responsibilities and a flat organisational structure.
The predicted salary is between 36000 - 60000 £ per year.
We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.
As a division, our strategic objectives include:
- To be the world's preeminent investment bank - trusted advisor, financier and risk manager for our clients on their most important transactions
- Build long-term relationships with clients and bring them world-class execution by "delivering the firm" over time
- Drive superior returns for our stakeholders
- Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace
We are looking for a professional to join our Investment Banking team in London and use their skills and ideas to make an impact to the success of Goldman Sachs.
Debt Capital Markets - Liability Management: The EMEA Liability Management team originates, structures and executes liability management transactions for both investment grade and sub-investment corporate clients, sovereigns and financial institutions. Typical transactions include cash tender offers (with or without associated new financings), exchange offers and consent solicitations across various instruments (senior notes, hybrid instruments, capital securities) and currencies. The Liability Management team focuses on deals for EMEA issuers (both developed and growth markets) in local as well as overseas markets. The group works closely with wider financing colleagues (leveraged finance, equity capital markets, derivatives etc) and classic investment banking as well as the associated product groups to execute transactions or structured solutions. The group also works closely with the Syndicate desk, which sits between capital markets, banking and sales and trading. The team collaborates with various teams in Hong Kong and New York for global clients.
Day-to-Day Responsibilities of a Junior Banker: Junior bankers in the team have a primary responsibility to the liability management product. Responsibilities include:
- Advise companies in the context of solutions regarding existing issued securities in the context of tender offers, exchange offer, consent solicitations
- Prepare client materials (including models, pitches, market comparisons/precedents, market updates, distribute market update materials both internally to IB and externally to clients)
- Managing and updating the database of precedent transactions
- Work closely with senior bankers and clients to prepare for public or private launched liability management transactions
- Assist in client coverage, keeping clients up to date with liability management trends and opportunities in the market
- Assist in reviewing and drafting liability management specific debt investor marketing materials and other external deal processes
- Take ownership and manage internal deal processes
Basic Qualifications:
- Up to 2 years' liability management, debt capital markets or equivalent experience
- History of outstanding academic and professional achievement
- Strong team orientation and a demonstrated ability to work effectively with team members in multiple groups and regions
Additional Information: Junior bankers in the team can expect to receive a tremendous amount of responsibility early in their career with opportunity to take on client-facing roles relatively quickly. The desk has a relatively flat organizational structure and allows for a high degree of interaction with senior bankers and direct interaction with clients, as such junior bankers' responsibilities will increase rapidly.
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.
Global Banking & Markets, Financing Group, Debt Capital Markets - Liability Management, Analyst[...] employer: NCAA (National Collegiate Athletic Association)
Contact Detail:
NCAA (National Collegiate Athletic Association) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Banking & Markets, Financing Group, Debt Capital Markets - Liability Management, Analyst[...]
✨Tip Number 1
Familiarise yourself with the latest trends in liability management and debt capital markets. Understanding current market conditions and recent transactions will help you engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the investment banking sector, especially those working in debt capital markets. Attend industry events or webinars to make connections that could lead to referrals or insights about the role.
✨Tip Number 3
Prepare to demonstrate your analytical skills by reviewing case studies or past transactions related to liability management. Being able to discuss these examples will show your practical understanding of the role.
✨Tip Number 4
Showcase your teamwork abilities by highlighting experiences where you've collaborated across different teams or regions. This is crucial as the role involves working closely with various groups within the bank.
We think you need these skills to ace Global Banking & Markets, Financing Group, Debt Capital Markets - Liability Management, Analyst[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in liability management and debt capital markets. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the investment banking sector, particularly in relation to the responsibilities outlined in the job description. Mention why you are interested in Goldman Sachs and how you can contribute to their goals.
Highlight Teamwork Skills: Since the role requires strong team orientation, emphasise your ability to work collaboratively. Provide examples of past experiences where you successfully worked in teams, especially in high-pressure environments.
Showcase Academic Achievements: Include any outstanding academic achievements that relate to finance or investment banking. This could be relevant coursework, projects, or recognitions that demonstrate your capability and commitment to the field.
How to prepare for a job interview at NCAA (National Collegiate Athletic Association)
✨Understand the Role
Make sure you have a solid grasp of what the Debt Capital Markets - Liability Management team does. Familiarise yourself with key concepts like cash tender offers, exchange offers, and consent solicitations. This will help you speak confidently about how your skills align with the team's objectives.
✨Showcase Your Analytical Skills
As an analyst, you'll be expected to prepare client materials and manage databases. Be ready to discuss your experience with financial modelling and data analysis. Bring examples of past projects where you've successfully used these skills to solve problems or provide insights.
✨Demonstrate Teamwork
The role requires collaboration with various teams across regions. Prepare to share examples of how you've worked effectively in teams, especially in high-pressure situations. Highlight your ability to communicate and coordinate with different stakeholders.
✨Stay Updated on Market Trends
Being knowledgeable about current trends in liability management and debt capital markets is crucial. Research recent transactions and market developments, and be prepared to discuss how these might impact clients. This shows your genuine interest in the field and readiness to contribute.