Securities, Leveraged Loans Trading, Analyst, London

SECURITIES

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

YOUR IMPACT 
Ideal candidates for the Securities Division are dynamic, quick-thinking self-starters who have a real passion for the markets. The ability to communicate effectively and build strong relationships with clients and colleagues from a diversity of backgrounds and experiences is crucial. Those who succeed in Securities thrive in the fast-paced, constantly changing environment where no two days are the same. 
  
You will join the Leveraged Finance credit trading desk as a junior Loans Trader.  You will be responsible for daily tasks including P&L reporting, market commentary, pricing and booking trades and hedging fx.  You will ideally be trading your own credits within 6 months, subject to your experience and development.

HOW YOU WILL FULFIL YOUR POTENTIAL 

• Work within a team of credit traders to assist with daily tasks and risk management
• Work with desk analysts to conduct research into different issuers to help form your own credit views/opinions
• Build internal relationships across Sales, Trading, Research and Syndication
• Learn to interpret technical and fundamental market factors to help determine book positioning
• Work with Credit Sales teams to develop an understanding of the needs and behaviors of key clients
• Create trade ideas to pitch to Sales and clients
• Develop relationships with clients to facilitate mutually successful trading relationships
• Learn to price loans and understand various risk measures
• Operate within a continuously evolving regulatory environment

SKILLS AND EXPERIENCES WE ARE LOOKING FOR   

• Good mathematical skills although detailed technical knowledge is not required
• A mathematical degree may be beneficial but is not a requirement
• Demonstrable experience of working within a team environment
• Experience in a client-facing environment and the ability to build relationships
• Keen interest in macroeconomics as well as individual companies on a micro level
• Experience in corporate credit analysis is beneficial but not a requirement
• Experience in leveraged finance, banking, and/or capital markets is beneficial but not a requirement
• Experience in a trading environment is beneficial but not a requirement
• Proficiency in Excel is required, knowledge of VBA would be beneficial

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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