Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global [...]

Asset & Wealth Management, Fixed Income - Research Analyst, High Yield and Bank Loans / Global High Yield Credit Analyst, Associate / Vice President New York, NY, United States Job Description 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 High Yield Credit / Research Analyst role is an integral part of the High Yield & Bank Loan investing team. The Analyst will be responsible for analyzing companies that operate across a range of sectors/sub‑sectors. Duties include performing sector and company due diligence, modeling/forecasting company financials, and preparing/presenting high yield bond and leveraged loan recommendations. Ongoing maintenance research entails monitoring and reporting on an assigned coverage list, assessing risk/return and relative value, and identifying/presenting new investment opportunities across a broad range of credit strategies. A successful candidate must demonstrate a commitment to a team‑oriented culture and possess a natural inquisitiveness and enthusiasm for investment research. Strong financial modeling, advanced written/verbal communication skills, and an ability to apply a critical thinking mindset are key attributes needed to be successful. Responsibilities Establishing analytical frameworks to review sectors/industries Analyzing high yield and leveraged loan issuers across a range of sector/industries, via financial modeling, accounting review, interaction with management teams and sell‑side analysts, and the assessment of company/management communications and third‑party research Assessing the relative value of high yield bond and leveraged loan investment opportunities through the analysis and interpretation of sector trends, market drivers, regulatory risks, issuer strengths/weaknesses, capital structure considerations, financial projections, comparative company analysis, and legal/covenant structure considerations Recommending investments across a range of portfolios (e.g. differing risk appetites, restrictions on currencies/countries, ESG mandates, etc.) and updating/defending recommendations with Investment Committee team members across the globe through both oral and written research communications Performing ongoing due diligence, self‑monitoring of portfolio positions and key credits, and pushing periodic updates in a timely fashion Qualifications 5 plus years’ experience in research, investment management, or investment banking Must have Research / Credit Analyst experience Demonstrable interest in, and commitment to, investment research Sound accounting background, strong financial modeling skills, and knowledge of capital structure Strong social and communication skills (oral and written) and willingness to work in a team environment Advanced qualifications – not required but a strong plus: Prior High Yield and/or Leveraged Loan investing experience Advanced credit analytical skills – including detailed covenant analysis Stressed/distressed credit investing and workout experience MBA and/or CFA study (at any level) Salary Range The expected base salary for this New York, New York, United States‑based position is $125,000–$290,000. 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. Healthcare & Medical Services 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. 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 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 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. Job Info Job Identification 160839 Job Category Associate Posting Date 05/13/2026, 04:22 PM Locations New York, NY, United States #J-18808-Ljbffr Goldman Sachs Group, Inc.