CLIMATE CREDIT
A career with Goldman Sachs Asset 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. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. As a primary investment area within Goldman Sachs, we provide investment services to capital providers such as pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside of the office.
Climate Credit sits at the cross road of the Goldman Sachs Private Credit and Sustainable Investment platforms and is part of the private side of the Asset Management division. Within Climate Credit, we invest across the capital structure (senior debt, junior debt, mezzanine capital, preferred equity) in transactions anchored in 5 key energy transition themes (Clean Energy, Sustainable Transport, Waste & Materials, Sustainable Food & Agriculture and Ecosystems & Services).
As a new strategy for Goldman Sachs Asset Management, Climate Credit builds on > 25 years of relevant private credit and sustainable investment experience and benefits from broad network effects on deal origination and due diligence within the broader Goldman Sachs franchise.
Associates in Climate Credit work as part of small deal teams responsible for identifying, structuring, executing and monitoring relevant investments. The broad range of transaction structures and sectors in which we invest are giving Associates a broad range of exposure. The work is deal-focused and exciting, and will bring you in contact with a wide range of businesses, industries, clients, investment structures and products in the sustainability and energy transition space.
Responsibilities
• Engaging in all aspects of due diligence and business analysis to develop and refine investment theses
• Communicating and defending investment theses to internal stakeholders and committees, including relevant Investment Committees
• Participating in structuring, negotiating and documenting investments
• Supporting research and developing new investment ideas across the relevant 5 energy transition themes
• Supporting originating investment opportunities across the product suite of Climate Credit via early engagement with relevant parties (. borrowers, advisors, sponsors)
• Actively monitoring existing investments in the portfolio
• Involvement in internal fund management and preparation of investor communications
Qualifications
• Investment Banking, Private Credit/Direct Lending and Infrastructure Investment candidate with 2 to 4 years experience
• Strong quantitative, financial modelling, analytical and problem-solving skills
• Passion for investing with specific interest in credit and sustainability
• Excellent verbal and written communication skills
• Flexible and creative mindset; ability to analyze a variety of industries and businesses
• Ability to self-direct, analyze and evaluate and form independent judgments
• Ability to interact and build relationships with a wide variety of people