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Goldman Sachs

Advises on mergers and trades stocks and bonds

Global Banking & Markets – Senior Associate / Vice President - Private Dept-Relationship Lending Group

Full-TimeUpdated on 10/23/2026
No salary listed
Senior
Bachelor's
Dallas, TX, USA
In Person
Finance & BankingRetail & Commercial Banking
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • A bachelor’s degree in Business, Finance, Economics, or another quantitative discipline.
  • A minimum of 5–7 years of financial services experience in corporate lending, corporate finance, or financial services.
  • Extensive knowledge of and background in the Natural Resources sector, including energy, oil and gas, power and renewables, metals and mining, and related industries, with familiarity with reserve-based lending and borrowing base structures.
  • Strong technical skills and experience in financial modeling, including capital structures and covenant frameworks.
  • Strong writing and presentation skills, including the ability to prepare detailed credit summaries.
  • The ability to work independently and in a team-oriented environment.
  • Strong organization and adaptability to handle multiple competing priorities.
  • A commercially driven mindset.
Responsibilities
  • Support the structuring, underwriting, and closing of relationship-based lending transactions, including revolving credit facilities, asset-based lending, borrowing base and reserve-based lending facilities, term loans, delayed draw term loans, bridge financings, and letter of credit facilities, across primary syndication, refinancings, amendments, and bilateral lending, with particular emphasis on Natural Resources sector transactions.
  • Manage multiple simultaneous deals at various stages, coordinating across Investment Banking coverage teams, Investment Grade Capital Markets, Leveraged Finance, Legal, and Credit Risk Management; proactively identify and resolve issues and escalate significant matters to senior management with clear recommendations.
  • Communicate and negotiate with syndication banks, borrowers, and external legal counsel; represent the firm in documentation negotiations and help shape commercial terms that protect the firm while maintaining strong client relationships.
  • Use deal-flow knowledge to provide analytical takeaways for senior management; guide and review analytics, presentations, and portfolio reporting for senior management and internal stakeholders, informing capital allocation decisions and identifying commercial opportunities within the existing book.
  • Contribute ideas for deepening client relationships through lending and positioning the Relationship Lending Group as a strategic partner to coverage bankers and their clients.
  • Coordinate transactions from inception to close and serve as a resource to junior team members and a trusted point of contact for internal partners and external counterparties.

About the company

Goldman Sachs advises companies and governments on mergers, raises money for them by selling their stocks and bonds, and trades securities for big investors such as hedge funds and pension funds. It led Ford Motor's 1956 stock market debut, then the largest share sale in US history. Traders buy and sell stocks, bonds, currencies, and commodities for clients and lend them money, while bankers earn a fee on each deal they advise on or arrange. Its asset and wealth management arm invests for institutions and wealthy families and charges fees based on the money it oversees. The firm was founded in 1869, when it began brokering short-term IOUs for New York merchants, and it is based in New York City.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1869

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Simplify's Take

What believers are saying

  • Trading drives the boom: stock-trading revenue hit a record $7.42 billion in the June 2026 quarter, up 72%.
  • Pay is climbing: compensation rose 20% to $11.5 billion in the first half of 2026, while staff grew 1%.
  • A Goldman stint opens doors: alumni Rishi Sunak, Mario Draghi and Mark Carney rose to lead Britain, Italy and Canada.

What critics are saying

  • AI is costing jobs: Goldman's October 2025 AI plan came with a "limited reduction in roles" and slower hiring.
  • Expect five office days a week: Goldman reaffirmed the rule in 2023, and its CEO calls remote work an aberration.
  • Stock awards have lost value: shares fell 23% from July 15 to October 8, 2026, versus 18% at Morgan Stanley.

What makes Goldman Sachs unique

  • Traders outearn Goldman's famous merger advisers: trading made 57% of first-half 2026 revenue, versus 8% from advice.
  • Goldman is Wall Street's top merger adviser: it earned $4.6 billion advising on 2025 deals, versus JPMorgan's $3.1 billion.
  • The top prize is still partner: though public since 1999, Goldman named just 95 partners from 46,000-plus staff in 2024.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Professional Development Budget

Company News

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Oct 21st, 2026
Tokenized stock trading surges overseas to $11.31B on Robinhood Chain as Goldman, Microsoft object in US

Tokenized stock trading is growing overseas while major US companies resist it at home, according to Bitwise Asset Management's latest quarterly report. On Robinhood Chain, tokenized stock volume rose from $526 million in July to $2.21 billion in August, then to $11.31 billion in September. Tokenized equities were also the fastest-growing category on Solana. Goldman Sachs, Microsoft, Qualcomm, Caterpillar, McDonald's, Western Digital, and Alphabet have objected to tokenized versions of their shares trading on OKXICE, a venue launched by crypto exchange OKX and Intercontinental Exchange. Sixteen companies have now objected. The US Securities and Exchange Commission's innovation exemption lets companies opt out. OKXICE co-chairman Andrew Cuomo said many companies would "wait and see" before taking part.

Yahoo Finance
Oct 20th, 2026
Goldman Sachs vs Bank of America: why the investment bank is the better 2026 buy

Bank of America and Goldman Sachs offer two ways to bet on financials in 2026: steady retail banking or market-driven investment banking. A Motley Fool writer favours Goldman, which has beaten both Bank of America and the S&P 500. In fiscal 2025, Bank of America's revenue fell about 0.5% to nearly $191.6 billion, with net income of nearly $30.5 billion. Goldman's revenue fell 1.4% to about $125.1 billion, with net income of close to $17.2 billion. Goldman's debt-to-equity ratio is roughly 4.9, against nearly 1.2 at Bank of America. Goldman's free cash flow was negative $47.2 billion; Bank of America's was nearly $12.6 billion. Bank of America looks cheaper on forward P/E and P/S ratios. It also faced a $1.2 billion regulatory charge in 2026, while Goldman reached a $500 million shareholder litigation settlement.

Reuters
Oct 19th, 2026
Zetwerk's $518 million India IPO fully subscribed on final day of bidding

Peak XV Partners and Accel India-backed Zetwerk Manufacturing Businesses' $518 million initial public offering was fully subscribed on ​last day for bids on Monday, exchange data ‌showed, led by demand from qualified institutional buyers.

Yahoo Finance
Oct 17th, 2026
Goldman edges JPMorgan on growth and valuation as both banks pay ~2% dividend yields

Goldman Sachs edges out JPMorgan Chase as the better buy for dividend investors, according to a Barchart comparison of the two banks. Goldman has the stronger recent numbers. Its annual sales rose 8.9% to $58.3 billion, and net income climbed 20.3% to $17.2 billion. JPMorgan's sales rose 0.5% to $280.3 billion, while net income slipped 2.4% to $57 billion. Dividends are close. Goldman pays $20 a share a year, a yield of about 2.2%, and JPMorgan pays $6.60, about 2%. Both payout ratios are near 25%. Goldman trades at about 13x forward earnings, against nearly 14x for JPMorgan. Analysts rate both stocks "Moderate Buy," with high targets implying upside of up to 44% for Goldman and 27% for JPMorgan.