Global Banking & Markets, Financing Group, Debt Capital Markets - Liability Management, Analyst, London
Goldman Sachs
Application
Details
Posted: 19-Jun-24
Location: London, United Kingdom
Type: Full-time
Internal Number: 20894366
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: â?¢ To be the world's preeminent investment bank - trusted advisor, financier and risk manager for our clients on their most important transactions â?¢ Build long-term relationships with clients and bring them world-class execution by "delivering the firm" over time â?¢ Drive superior returns for our stakeholders â?¢ 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 - 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 a 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 offer, consent solicitations
Prepare client materials (including models, pitches, market comparisons/precedents, market updates, distribute market update materials both internally to IB and externally to clients
Managing and updating 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
