Asset & Wealth Management, Investment Grade Corporate Credit – Vice President – London
Goldman SachsGOLDMAN SACHS ALTERNATIVES
Goldman Sachs Asset Management is one of the world’s leading asset managers with over $3.6 trillion in assets under supervision. As the 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.
GSAM invests both the firm's own capital and capital raised from outside investors in corporate equity and debt, real estate equity and debt, asset-based equity and debt, growth equity and infrastructure assets world-wide. Our business operates on a global platform, and we are one of the largest managers of private capital globally.
GSAM Private Credit is one of the world’s largest alternative credit investing platforms with approximately $160bn of AUM and investment professionals based in the US, Europe, Asia and Australia. GSAM Private Credit is a dynamic platform with significant cross-pollination across strategies – Direct Lending (middle market and large cap performing credit), Hybrid Capital, Asset Finance, Structured Corporate Credit and IG Corporate and Infrastructure Credit.
INVESTMENT GRADE CORPORATE CREDIT
Goldman Sachs is seeking a Vice President to join our Investment Grade Corporate Credit (“IG Corp”) team in the London office.
Investment Grade Corporate Credit (“IG Corp”) invests across corporate and infrastructure debt for global public and private companies with investment-grade profiles, with this role focused primarily on corporate credit opportunities.
The Vice President will play a central role across the investment lifecycle, including structuring, underwriting and executing transactions across a diverse set of sectors, delivering tailored financing solutions through comingled funds and separately managed accounts on behalf of pension and insurance clients.
The ideal candidate has 7-10+ years’ full-time experience across debt capital or private placement markets in an investment bank or an asset manager, with a proven track record in sourcing, structuring, and underwriting transactions. We are looking for highly motivated individuals who are passionate about investing in a growing business and want to build a long-term career at Goldman Sachs.
Responsibilities
- Leading and managing end-to-end deal execution across the investment lifecycle, including structuring, negotiating and documenting investments
- Leading and engaging in all aspects of due diligence and business analysis
- Understanding and maintaining comprehensive financial models
- Sourcing and evaluating potential investment opportunities, developing investment theses and undertaking significant due diligence responsibilities
- Originate corporate credit opportunities via direct issuer, sponsor and adviser relationships, private placements and internal and external partnerships
- Communicating and defending investment theses and structures to internal stakeholders and committees, including relevant Investment Committees and credit risk teams
- Owning and driving commercial negotiations with borrowers and advisers
- Working with internal legal teams and external counsel to document and close transactions
- Managing existing portfolio positions in close cooperation with risk and legal teams throughout the investment lifecycle
- Contributing to platform expansion and potentially the introduction of new investment strategies
- Represent Goldman Sach Alternatives in the market through industry engagement and support wider marketing and origination initiatives
- Overseeing the work of junior members of the team, mentoring and training them
Qualifications
- 7-10+ years of experience across debt capital or private placement markets; Proven track record of involvement in multiple complex transactions
- Clear understanding of private credit industry, including key subsector trends, thematics, current dynamics and risks
- Deep understanding of capital structures, lending risk and bespoke structuring
- Experience leading the financing documentation negotiation process on a number of transactions
- Proven ability to interact and build relationships with a wide range of stakeholders
- Strong quantitative, financial modelling, analytical and problem-solving skills
- Excellent verbal and written communication skills
- Flexible and creative mindset; ability to analyze a variety of industries and businesses and capital structures
- Highly organized with exceptional attention to detail and excellent follow-through
- Ability to self-direct, analyze, evaluate and form independent judgments
- Ideal candidate is commercial, pragmatic and execution focused
- Prior experience managing or mentoring junior team members