Full-Time

Banker Associate

Updated on 8/23/2026

Goldman Sachs

Goldman Sachs

10,001+ employees

Global investment banking and asset management

Compensation Overview

$150k/yr

Company Historically Provides H1B Sponsorship

New York, NY, USA

In Person

Approximately 5% domestic and international travel is required.

Bachelor's

Category
Finance & Banking (1)
Required Skills
Debt Capital Markets
U.S. Generally Accepted Accounting Principles (GAAP)
Financial Modeling

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Requirements
  • A bachelor's degree, or foreign equivalent, in Economics, Finance, Mathematics, Accounting, or a related field.
  • Two years of experience in the job offered or a related role.
  • Two years of experience working for clients in structured finance transactions in the transport sector, applying understanding of specific roles, timing, deliverables, and scope of work.
  • Two years of experience reviewing and performing quantitative analysis based on complex legal documents such as commitment papers, fee letters, and purchase and sale agreements.
  • Two years of experience building technical and complex dynamic financial models and analyses that include numerous financing scenarios and incorporate corporate finance concepts, risk-return dynamics, and generally accepted accounting principles and non-generally accepted accounting principles.
  • Two years of experience with cash-flow-based models, three-statement models, discounted cash flow analysis, and comparable company analysis.
  • Two years of experience analyzing financial statements, financial projections, and models prepared by clients in various formats.
  • Ability to travel domestically and internationally approximately 5% of the time to meet with clients and attend meetings.
Responsibilities
  • Structure, analyze, and execute transactions for transportation companies in aviation, shipping, sea container, and rail asset classes.
  • Review proprietary financial models and prepare discounted cash flow, leveraged buyout, merger consequences, comparable companies, and precedent transactions analyses.
  • Help senior team members evaluate models and develop key judgments.
  • Lead dialogue with senior bankers and product experts.
  • Mentor junior professionals by reviewing financial modeling work and presentations for transactions, board meetings, investment banking pitches, and client service projects.
  • Review memoranda required for internal approvals from investment banking committees.
  • Interact regularly with clients and management teams to execute projects, provide updates and advice, and prepare presentation materials.
  • Oversee financing live-deal execution, including due diligence processes, negotiation of nondisclosure agreements and other legal documents with lawyers and financiers, deal and non-deal roadshows, and liaison with other investment banks and internal stakeholders.
  • Draft financing and offering documents and assist companies in preparing materials for potential buyers of the company or its securities.
  • Analyze clients' financing needs and existing capital structures within their short-, medium-, and long-term business strategies.
  • Identify basic structural elements of bonds and advise on bond-issue structuring choices.
  • Build long-term client relationships and develop senior-level dialogue on debt capital markets topics, including refinancing, rating advisory, and strategic alternatives.

Goldman Sachs provides financial services for corporations, governments, institutions, and individuals, including advisory on mergers and acquisitions, underwriting and distributing securities, asset and wealth management, and market making across fixed income, currencies, commodities, and equities. Its products work by delivering strategic advice, financing, liquidity, and asset management across multiple classes, using client funds and its own capital to raise, deploy, and manage capital for clients. The firm differentiates itself through its global scale, comprehensive range of services, deep client relationships, and long-standing presence in capital markets. Its goal is to help clients raise and deploy capital, manage risk, and grow wealth while earning fees and returns from advisory, trading, lending, and asset management activities.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1869

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Simplify Jobs

Simplify's Take

What believers are saying

  • Goldman joined Nvidia’s $500 billion AI financing initiative on August 10, 2026.
  • Goldman’s second-quarter 2026 profit beat estimates on record equities revenue and dealmaking.
  • The August 12, 2026 NEOS acquisition expands active ETFs to $80 billion.

What critics are saying

  • Goldman paid $500 million in 2026 to settle 1MDB shareholder claims.
  • A London tribunal awarded £1.45 million against Goldman in July 2026 for discrimination.
  • If AI financing underperforms, Goldman’s expensive NEOS and infrastructure bets compress returns by 2027.

What makes Goldman Sachs unique

  • Goldman advised on $1.2 trillion M&A in first-half 2026, ahead of rivals.
  • Its franchise spans banking, markets, wealth, and asset management across global clients.
  • Goldman combines investment banking distribution with balance-sheet capital, private credit, and ETF manufacturing.

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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

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