Investment Banking Associate | M&A Capital Markets - New York

INVESTMENT BANKING

Our division works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, we handle projects that help clients achieve major milestones. We work with corporations, pension funds, financial sponsors and governments, and we are a team of strong analytical thinkers with a passion for producing out-of-the-box ideas.

YOUR IMPACT

We are seeking an Associate to join our M&A Capital Markets (“MACM”) team. In this role, you will help senior bankers advise clients on unique and complex merger-related matters, develop differentiated capital markets insights and support the execution of strategic transactions across sectors, market capitalizations and geographies.

You will work closely with senior bankers and cross-functional teams to analyze transaction structures, investor sentiment, valuation impacts and event-driven trading dynamics, while contributing to high-profile client assignments and live M&A situations.

OUR IMPACT

The M&A Capital Markets team is an integral part of the M&A advisory business and provides differentiated advice on unique and complex merger matters. MACM delivers capital markets insights and judgment across all aspects of strategic transactions, from negotiating merger consideration to anticipating and analyzing event-driven trading dynamics.

The team has a broad mandate, pitching and executing mergers and separations across sectors, market capitalizations and geographies. Its core client audience includes senior management teams and boards of directors, providing Associates with broad exposure to Goldman Sachs’ client base and some of the firm’s most important and high-profile situations and transactions.

HOW YOU WILL FULFILL YOUR POTENTIAL

Role Responsibilities

• Help senior bankers across Investment Banking advise clients on a diverse range of merger-related matters
• Architect and negotiate structured deal solutions, including M&A collars and cash-and-stock elections, on behalf of clients in live M&A transactions
• Leverage data to develop differentiated insights into the merger and equity markets for use in marketing and advisory assignments
• Perform and present analyses of trading patterns related to activism, mergers and other corporate events, including M&A buyer reactions, merger arbitrage, index fund trading and activist accumulation
• Interpret investor sentiment around transactions by synthesizing investor feedback, trading desk color, market data, sell-side research and third-party commentary
• Analyze the financial and capital markets implications of novel transaction structures
• Provide real-time judgment and insight into trading dynamics in leaked, hostile or contested M&A situations
• Assess the impact of acquisitions and separations on pre- and post-closing client valuations and equity stories
• Oversee, quality-control and enhance the group’s proprietary datasets

SKILLS & EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

• Excellent written and verbal communication skills, with the confidence to interact with clients and senior internal leaders
• Ability to synthesize data into concise, client-ready slides, memos and talking points
• Demonstrated interest in equity markets, investor behavior, corporate finance and the broader macroeconomic environment
• Effective project management skills and the ability to prioritize competing projects and deadlines
• Strong familiarity with company valuation concepts, including comparable company analysis, discounted cash flow analysis, leveraged buyout analysis and merger math
• Exceptional quantitative and technical skills, ideally with experience in statistics or data science
• Strong team orientation and the ability to thrive in a small, collaborative environment with significant exposure to senior bankers across the firm

Salary Range

The expected base salary for this New York, NY, United States-based position is $150000-$225000. 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. 

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

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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.