Asset & Wealth Management, Fixed Income, Corporate Credit / High Yield Trader, Associate, New York

• Asset & Wealth Management, Fixed Income, Corporate Credit / High Yield Trader, Associate, New York
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New York, New York, United States

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Opportunity Overview

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CORPORATE TITLE

Analyst

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OFFICE LOCATION(S)

New York

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JOB FUNCTION

Trading

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DIVISION

Asset & Wealth Management

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SALARY RANGE

USD 85,000 - 110,000

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Asset & Wealth Management Overview: A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world’s leading asset managers with over $3 trillion* in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions and building meaningful relationships with your clients.

Fixed Income & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

Role Overview

The Global Corporate Credit team is actively recruiting a highly motivated High Yield Trader at the Analyst/Associate level, based in New York. This individual will play a pivotal role within our dynamic trading and portfolio management team, directly contributing to the strategic management of high yield credit allocation across a diverse range of portfolios and investment strategies.

Responsibilities

• Collaborate with credit portfolio managers and research analysts to identify and capitalize on value opportunities within the high yield corporate bond market.
• Proactively identify, analyze, and execute security selection and relative value strategies to enhance portfolio performance.
• Partner with credit and client portfolio managers to construct, monitor, and manage credit risk exposures and cash flows across portfolios.
• Cultivate and maintain robust relationships with sell-side trading desks and syndicate teams to optimize market access and execution.
• Formulate recommendations, allocate capital, and execute trades efficiently and accurately.
• Enhance and maintain proprietary trading tools, ensuring the integrity and accuracy of underlying data.

Qualifications

Experience

• Minimum 2 years experience in fixed income trading, sales, or related analytical roles.
• Direct trading experience preferred. Aptitude considered for Analyst level.

Market Knowledge

• Understanding of global fixed income and credit markets.
• Interest in corporate bonds and macroeconomics.

Analytical Skills

• Strong quantitative and analytical skills.
• Attention to detail for financial modeling, valuation, and risk assessment.

Communication

• Strong verbal and written communication skills.
• Ability to articulate market insights and strategies.
• Collaborate with internal and external stakeholders.

Work Ethic

• Proactive, results-oriented, and accountable work ethic.
• Initiative and resilience in a fast-paced trading environment.

Industry Background

Asset management experience is an advantage, not required.

Salary Range

The expected base salary for this New York, New York, United States-based position is $85000-$110000. 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.

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

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