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The Goldman Sachs Group

Global Banking & Markets, Commodities, Oil Products Trader, Associate - New York

The Goldman Sachs Group, New York, New York, us, 10261


GLOBAL MARKETSOur core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.THE TEAMThe Commodities Oil & Products trading desk market makes in a variety of energy products as part of a global team. On a day-to-day basis, team members will be expected to price and execute derivatives transactions, stay connected with market events across commodity markets, and work with the wider team to support and build the overall business.Job Summary & ResponsibilitiesSupporting senior traders with structuring, pricing and executing derivative transactions and ongoing risk management of positions.Building and maintaining a fundamental supply and demand balance, and performing in-depth research on the markets we cover.Executing and booking of flow-based trades across commodity products; identifying opportunities for automating execution.Understanding commodities market fundamentals and trends and communicating information succinctly to salespeople and clients.Producing commentary ranging from a variety of client e-mails to weekly and monthly strategy performance updates.MINIMUM EDUCATION REQUIREMENTS/DEGREE AND FIELD:Strong academic record with a minimum Bachelor's degree in Finance, Economics, or a related discipline.Strong quantitative, analytical, and problem-solving ability.Ability to multi-task, manage competing priorities, and work well under pressure.Excellent written and verbal communication skills, strong interpersonal skills.Two (2) years of experience in the job offered or in a related role, preferably with oil & refined product knowledge.Salary RangeThe expected base salary for this New York, New York, United States-based position is $150,000-$225,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.BenefitsGoldman 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.

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