Asset & Wealth Management, Fixed Income, Corporate Credit / High Yield Trader, Associate, New York

Asset & Wealth Management Overview: A career with Goldman Sachs Asset & Wealth 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.

Fixed Income & Liquidity Solutions Overview

Fixed Income and Liquidity Solutions, within Public Investing, manages more than $1.7 trillion* in assets for a variety of clients, including private wealth mandates and institutional clients such as insurance companies, pension funds, and endowments. The team has a long history of investing across public fixed income strategies including rates, currency and credit on behalf of our clients. Investment ideas are created through collaboration between portfolio managers, research analysts, and traders.

Role Overview

The Global Corporate Credit team is actively recruiting a highly motivated High Yield Trader at the Analyst/Associate level, based in New York. This individual will play a pivotal role within our dynamic trading and portfolio management team, directly contributing to the strategic management of high yield credit allocation across a diverse range of portfolios and investment strategies.

Responsibilities

• Collaborate with credit portfolio managers and research analysts to identify and capitalize on value opportunities within the high yield corporate bond market.
• Proactively identify, analyze, and execute security selection and relative value strategies to enhance portfolio performance.
• Partner with credit and client portfolio managers to construct, monitor, and manage credit risk exposures and cash flows across portfolios.
• Cultivate and maintain robust relationships with sell-side trading desks and syndicate teams to optimize market access and execution.
• Formulate recommendations, allocate capital, and execute trades efficiently and accurately.
• Enhance and maintain proprietary trading tools, ensuring the integrity and accuracy of underlying data.

Qualifications

• Experience:
  
  
  
  • Minimum 2 years experience in fixed income trading, sales, or related analytical roles.
  • Direct trading experience preferred. Aptitude considered for Analyst level.
  
  
• Market Knowledge:
  
  
  
  • Understanding of global fixed income and credit markets.
  • Interest in corporate bonds and macroeconomics.
  
  
• Analytical Skills:
  
  
  
  • Strong quantitative and analytical skills.
  • Attention to detail for financial modeling, valuation, and risk assessment.
  
  
• Communication:
  
  
  
  • Strong verbal and written communication skills.
  • Ability to articulate market insights and strategies.
  • Collaborate with internal and external stakeholders.
  
  
• Work Ethic:
  
  
  
  • Proactive, results-oriented, and accountable work ethic.
  • Initiative and resilience in a fast-paced trading environment.
  
  
• Industry Background:
  
  
  
  • Asset management experience is an advantage, not required.