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:
1. To be the world's preeminent investment bank - trusted advisor, financier and risk manager for our clients on their most important transactions
2. Build long-term relationships with clients and bring them world-class execution by "delivering the firm" over time
3. Drive superior returns for our stakeholders
4. 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 on 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 primary responsibilities 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 offers, consent solicitations
* Prepare client materials (including models, pitches, market comparisons/precedents, market updates) and distribute market update materials both internally to IB and externally to clients
* Manage and update 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 the 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.
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. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.
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