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 TEAM
The Commodities Energy Sales desk works with a range of corporate clients across the Americas primarily focused on the energy products such as oil, and gas. Team members help strengthen client relationships across the corporate franchise by partnering with Trading, Strats, Federation members, as well as other internal GS Sales teams. On a day-to-day basis, team members will be expected to deliver exceptional client relationship management, stay connected with market events across commodity markets, and work with the wider team to support and build the overall business.
Job Summary & Responsibilities
Supporting senior sales coverage with structuring, pricing and executing both physical and derivative transactions with existing clientsExecuting and booking of flow-based trades across commodity products; identifying opportunities for automating executionUnderstanding commodities market fundamentals and trends and communicating information succinctly to clientsProducing commentary ranging from a variety of client e-mails to weekly and monthly strategy performance updatesCollecting, managing, and analyzing data related to industry trends and client trading activitySupporting syndication efforts by working with trading and other sales teams to identify opportunities in offsetting risk managementInteracting with Credit, Legal and Operations teams internally to help enhance client experience and seamless trade executionHelping build new client relationships by working with internal teams as well as completing prospecting exercises to expand the businessMINIMUM EDUCATION REQUIREMENTS/DEGREE AND FIELD:
Strong academic record with minimum Bachelor’s degree in Finance, Economics or a related disciplineStrong quantitative, analytical and problem-solving abilityAbility to multi-task, manage competing priorities and work well under pressureExcellent written and verbal communication skills, strong interpersonal skillsOne (1) year of experience in the job offered or in a related role.
Salary Range
The expected base salary for this New York, New York, United States-based position is $110000-$125000. 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.