Global Banking & Markets, Investment Banking, Financing Group, Investment Grade Syndicate, London, Associate

INVESTMENT BANKING

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 – Investment Grade Syndicate:

The EMEA Investment Grade Syndicate desk executes, originates and structures new issue debt transactions for Financial and Corporate clients. The desk works across the capital structure of clients, from Covered Bonds down to Additional Tier 1s for Financials and Senior and Hybrid products for Corporate clients. The Syndicate desk is responsible for the risk management process of new issuance, including underwriting and associated desk position supervision. The team works closely with wider financing colleagues (Investment Grade DCM, Leveraged Finance, Equity Capital Markets, Derivatives etc) and classic investment banking as well as the associated product groups to execute transactions. 

Day-to-Day Responsibilities:

A new Associate in the team will have primary responsibilities in the EMEA Financial and Corporate IG Syndicate team. Responsibilities include:

• Advising clients on the best way to achieve their specific new issuance goals, across EUR, GBP and Reg S USD markets. Be able to accurately and succinctly summarise market conditions and relevant factors which could impact client decision making
• Execute new issue transactions from announcement through to pricing under the supervision of senior Syndicate members 
• Develop and cultivate strong direct relationships with IG Credit investors in order to enhance market read and recommendation
• Prepare client materials including pitches, relative value analysis and market updates
• Helping to create value additive content for DCM and broader IBD bankers to utilise with clients 
• Work closely with senior bankers and clients to prepare for new bond issues 
• Work across the credit vertical with public side credit sales, trading and credit analysts to utilise the strength of the broad Goldman Sachs franchise
• Assist in client coverage, keeping clients up to date with themes and opportunities in the market
• Take ownership and manage internal desk processes to ensure the team is working as efficiently as possible

Basic Qualifications:

• Minimum 3 years Syndicate or Debt Capital Markets 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:  

Associates in the team can expect to receive significant responsibility early in their career with opportunity to take on client-facing roles 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 responsibilities will increase rapidly.