Asset & Wealth Management, Fixed Income: High Yield Bank Loan Trader, Vice President - New York

• Asset & Wealth Management, Fixed Income: High Yield Bank Loan Trader, Vice President - New York
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New York, New York, United States

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Opportunity Overview

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CORPORATE TITLE

Vice President

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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 125,000 - 250,000

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Asset & Wealth Management

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. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

Role Overview

The Global Fixed Income and Currency team is seeking a bank loan trader at the Vice President level in New York. The successful candidate will be an integral part of the credit team and will work closely with senior managers to construct portfolios across all bank loan strategies.

Key Responsibilities

• Working with credit portfolio managers and research managers to identify value and opportunities within the bank loan market
• Working with both credit and client portfolio managers to build and monitor credit risk in portfolios, including management of cash flows
• Identifying, allocating, and executing trades
• Risk monitoring and reporting
• Maintaining and improving various trading tools and the accuracy of the data they employ
• Developing and maintaining sell-side relationships

Required Experience

• 5+ years’ experience in relevant markets
• An understanding of markets and a keen interest in fixed income and credit
• Numerical and analytical with good attention to detail
• Strong systems knowledge (Excel)
• Asset management experience an advantage but not essential

Salary Range

The expected base salary for this New York, New York, United States-based position is $125000-$250000. 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.

Learn More