Investment Banking: A Promising Career at Goldman Sachs
At the heart of the financial world, investment banking stands as a dynamic and challenging field. It is a space where the most complex financial challenges are met head-on, and the most intricate transactions are handled with precision. A career in investment banking at Goldman Sachs provides an opportunity to work on significant projects such as advising on mergers, offering financial solutions for acquisitions, and structuring initial public offerings. This domain demands strong analytical thinkers who have a knack for producing innovative ideas.
The Global Healthcare Group at Goldman Sachs
The Global Healthcare group at Goldman Sachs is a specialized team that offers advice and services across a broad spectrum of healthcare sub-sectors. These include Biotechnology, Diagnostics/Life Sciences, Healthcare Information Technology, Healthcare Services, Medical Devices, and Pharmaceuticals. The group is made up of dedicated professionals stationed in offices around the globe, providing a full range of Goldman Sachs’ investment banking services. These services encompass mergers and acquisitions, divestitures, equity and debt financings, financial restructurings, and risk management.
Investment Banking Associate: A Role of Impact
As an Investment Banking Associate at Goldman Sachs, you will gain exposure to the firm’s diverse businesses and acquire an expanded understanding of the investment banking industry. The role involves creating and analyzing financial models, performing scenario analyses, and conducting tests to examine the effects of various client alternatives. Associates also organize and prepare presentations to explain industry trends, discuss client options, and recommend strategies to meet client goals. Furthermore, Associates may participate in and conduct due diligence sessions, a crucial component of financial transactions. From maintaining client communication to assisting Goldman Sachs in structuring client transactions, Associates play a vital role.
Skills and Experience Required
A strong academic record with a Bachelor’s level or equivalent degree is a prerequisite. Having significant experience in the Healthcare sector within the private equity/investment banking/financial services industry is also required. Candidates with an MBA and over a year of investment banking experience, or those with a Bachelor’s degree and 3+ years of investment banking or equivalent experience, are preferred. Furthermore, candidates must be CFA/professionally qualified or working toward certification. Experience with client coverage, execution of M&A and capital raising transactions, corporate finance, and valuation analyses, including DCF, LBO, merger consequences, WACC, etc., is required. Familiarity with financial and merger modeling, accretion/dilution, ROIC, and debt capital analysis is also essential.
About Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm, founded in 1869. The firm is committed to fostering and advancing diversity and inclusion in its workplace and beyond. Goldman Sachs believes that who you are makes you better at what you do, and hence provides numerous opportunities for its employees to grow professionally and personally. The firm is also committed to finding reasonable accommodations for candidates with special needs or disabilities during the recruiting process.
The expected base salary for this position, based in New York, New York, United States, is $150,000-$225,000. In addition, eligible employees may receive a discretionary bonus at the end of the fiscal year. Goldman Sachs is committed to providing its people with valuable and competitive benefits and wellness offerings.
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