FAQs
What is the role of an Associate in the Global Banking & Markets, Investment Banking division at Goldman Sachs?
Associates in this division play a crucial role in developing and strengthening client relationships. They participate on advisory teams, structure and execute financial transactions, create and analyze financial models, prepare client presentations, manage transaction processes, and assist in the structuring of transactions.
What are the key responsibilities of an Associate in the Healthcare investment banking group?
Key responsibilities include developing financial models, performing company valuation analyses, participating in mergers and acquisitions (M&A) transactions and equity and fixed income issuances, organizing presentations on industry trends, assessing clients’ situations, recommending strategies, coordinating with tax advisors and attorneys, leading due diligence processes, and negotiating legal documentation.
What qualifications are required for the Associate position?
Candidates should have a minimum of 3 years of investment banking or equivalent experience, a history of outstanding academic and professional achievement, and a strong team orientation with the ability to work effectively with team members across various groups and regions.
What kind of clients does the Healthcare investment banking group focus on?
The Healthcare investment banking group focuses on a wide range of participants in the healthcare industry, including managed care companies, life sciences companies, health service providers such as hospitals, and medical device manufacturers.
How does the Associate position contribute to the strategic objectives of Goldman Sachs?
Associates contribute by building long-term client relationships, executing high-quality financial transactions, delivering comprehensive advisory services, and ultimately driving superior returns for stakeholders, aligning with the firm's goal to be the world’s preeminent investment bank.
What type of work can an Associate expect to engage in on a daily basis?
An Associate can expect to engage in a variety of work such as advising on cross-border mergers, structuring initial public offerings of subsidiaries, refinancing bonds, and collaborating on various financial transactions across the healthcare sector.
What skills will Associates develop in this role?
Associates will develop key analytical, communications, and marketing skills while gaining exposure to the firm's business practices and expanding their knowledge of the investment banking industry.
What is the work environment like at Goldman Sachs for Associates?
The work environment is described as highly dynamic, meritocratic, diverse, and rewarding, aiming to be the employer of choice for all career levels.
How does Goldman Sachs support the growth of its Associates?
Goldman Sachs supports the growth of its Associates through exposure to various business operations, challenging assignments, development of analytical and interpersonal skills, and a commitment to building long-term career opportunities within the firm.