Global Banking & Markets, Commodities Structured Finance, Vice President - New York
Location: New York, New York
Type: Full Time
Internal Number: 20339967
Goldman Sachs has been engaged in the commodities business since 1981 and is one of the leading players in the commodities markets across a wide variety of financial and physical products. It operates a fully integrated global commodities business that is able to offer services to clients spanning derivatives risk management and advisory, physical trading and logistics and structured finance products.
The Commodities Structured Finance team deploys Goldman Sachs balance sheet in commodity-linked financing solutions to clients (e.g. oil & gas companies, conventional and biofuel refiners, miners, conventional and renewable power plants, steel mills, etc.) often with integrated commodity price risk management / hedging. Transaction types include inventory financing, supply chain intermediation, secured and unsecured lending, derivatives, preferred equity, commodity leasing, backleverage and monetization of future commodity production. The team looks at financing and structured derivative opportunities in the Americas and is located in New York. The role will require in person attendance in the New York office during the work week and periodically requires late night and weekend work.
The desk aims to deploy capital in situations that are complex, time-sensitive, and/or where it can leverage intellectual capital from across the Goldman Sachs Commodities, Credit, and Investment Banking franchises to inform due diligence and offer creative financing solutions. Vice Presidents will work on transactions across client types, commodity industries, and geographies.
Job Summary & Responsibilities
Work with other Trading desks and Sales / Investment Banking coverage to identify potential transactions and clients across all commodity industries and products
Proactively pitch and originate new transactions and business in conjunction with GS coverage and build relationships with clients and advisors
Provide leverage to senior team members via helping to lead work streams related to execution, due diligence and negotiation processes
Work with junior team members to develop term sheets, marketing materials and internal committee presentations and produce detailed financial models, scenario and credit analysis
Work with control side personnel during execution to ensure transaction approval and support
Conduct in-depth market analysis, and company / asset-level due diligence
Manage ongoing commodity, credit and funding risks post-execution
5+ years of relevant work experience in investment banking, credit investing/ underwriting, corporate finance or consulting
Prior experience in a commodities, structured finance, and/or credit-focused role working on transaction negotiation and execution, navigating internal processes and building transaction consensus and support
Prior experience in financial modeling, valuation, and financial statements analysis
Strong quantitative, analytical, and problem-solving skills
Excellent organizational skills and attention to detail
Ability to multi-task and work well under pressure
Excellent communication and interpersonal skills
Solid work ethic and high levels of motivation
Ability to drive projects and initiatives
Ability to build relationships with internal and external clients
Understanding of payoffs, greeks and credit exposure on derivative products
Prior experience in energy transition and/or ESG related projects and investments
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.
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Salary Range The expected base salary for this New York, New York, United States-based position is $150000-$300000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .