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Goldman Sachs has been engaged in the commodities business since 1981 and is one of the leading players in the commodities markets across a wide variety of financial and physical products. It operates a fully integrated global commodities business that is able to offer services to clients spanning derivatives risk management and advisory, physical trading and logistics and structured finance products.

The Commodities Structured Finance team deploys Goldman Sachs balance sheet in commodity-linked financing solutions to clients (e.g. oil & gas companies, conventional and biofuel refiners, miners, conventional and renewable power plants, steel mills, etc.) often with integrated commodity price risk management / hedging. Transaction types include inventory financing, supply chain intermediation, secured and unsecured lending, derivatives, preferred equity, commodity leasing, backleverage and monetization of future commodity production. The team looks at financing and structured derivative opportunities in the Americas and is located in New York. The role will require in person attendance in the New York office during the work week and periodically requires late night and weekend work.

The desk aims to deploy capital in situations that are complex, time-sensitive, and/or where it can leverage intellectual capital from across the Goldman Sachs Commodities, Credit, and Investment Banking franchises to inform due diligence and offer creative financing solutions. Vice Presidents will work on transactions across client types, commodity industries, and geographies.

Job Summary & Responsibilities

• Work with other Trading desks and Sales / Investment Banking coverage to identify potential transactions and clients across all commodity industries and products
• Proactively pitch and originate new transactions and business in conjunction with GS coverage and build relationships with clients and advisors
• Provide leverage to senior team members via helping to lead work streams related to execution, due diligence and negotiation processes
• Work with junior team members to develop term sheets, marketing materials and internal committee presentations and produce detailed financial models, scenario and credit analysis
• Work with control side personnel during execution to ensure transaction approval and support
• Conduct in-depth market analysis, and company / asset-level due diligence
• Manage ongoing commodity, credit and funding risks post-execution

Basic Qualifications

• 5+ years of relevant work experience in investment banking, credit investing/ underwriting, corporate finance or consulting
• Prior experience in a commodities, structured finance, and/or credit-focused role working on transaction negotiation and execution, navigating internal processes and building transaction consensus and support
• Prior experience in financial modeling, valuation, and financial statements analysis
• Strong quantitative, analytical, and problem-solving skills
• Excellent organizational skills and attention to detail
• Ability to multi-task and work well under pressure
• Excellent communication and interpersonal skills
• Solid work ethic and high levels of motivation
• Ability to drive projects and initiatives
• Ability to build relationships with internal and external clients

Preferred Qualifications

• Understanding of payoffs, greeks and credit exposure on derivative products
• Prior experience in energy transition and/or ESG related projects and investments

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

?? The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range
The expected base salary for this New York, New York, United States-based position is $150000-$300000. 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 .

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