Investment Banking Associate – Financial Institutions Asset Management

Job Description

GBM, Private, Investment Banking Associate, FIG (Asset Management) | Goldman Sachs

The Tone:
This is a full-time role at Goldman Sachs, located in New York, NY. Goldman Sachs is a leading global investment banking, securities and investment management firm, founded in 1869, which commits its people, capital and ideas to help clients, shareholders, and communities grow. The Investment Banking division addresses complex financial challenges and transactions, providing solutions for mergers, acquisitions, and initial public offerings, supporting clients at major milestones. This role is crucial for executing these complex transactions and advising clients within the asset management sector.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $150000–$225000 yearly
• Team: The Financial Institutions Group (FIG) provides advice and services to financial institutions, including asset management firms, financial technology companies, insurance companies, specialty finance companies, and banks. This role is within the asset management team, which is a globally recognized leader in the sector.
• Mission: This role involves driving the execution of complex financial transactions for asset management clients, encompassing M&A, divestitures, and capital raises, while also strengthening client relationships and providing strategic advice.

What You’ll Actually Do
• Transaction Execution: Drive the execution of complex financial transactions including M&A, divestitures, and capital raises.
• Financial Modeling: Lead the analytical process by developing sophisticated financial models and bespoke valuations.
• Due Diligence Management: Manage comprehensive due diligence workstreams and coordinate cross-functional teams of legal and tax advisors.
• Client Relationship & Strategy: Strengthen client relationships and craft high-impact presentations that synthesize industry trends into actionable strategic advice.
• Leadership Development: Sharpen leadership, communication, and marketing expertise while helping clients navigate their most critical milestones and mentoring junior analysts.

The Must-Haves
• Background: Strong academic record with an MBA and 1+ year of investment banking experience, or a Bachelor’s degree with 3+ years of relevant experience.
• Experience: Proven experience advising asset management firms, including private market GPs, traditional managers, and wealth management platforms. Demonstrated success in managing buy-side and sell-side M&A, as well as equity and debt financing workstreams.
• Skills: Mastery of corporate finance and valuation methodologies, including DCF, LBO, merger modeling, and precedent transaction analysis. Proficiency in conducting multi-disciplinary due diligence and preparing high-stakes marketing materials. Exceptional verbal and written communication skills with proven ability to multi-task under pressure.