The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm.
Goldman Sachs offers the opportunity to make an impact.
Its people come from a variety of academic and professional backgrounds including finance, engineering, science, technology and the humanities. You'll draw strength from a highly collaborative and intellectually stimulating environment, and you will be part of a team that helps you succeed.
Goldman Sachs provides a range of investment banking, investment management and securities services for its clients. These services are delivered by teams working across multiple divisions.
Comprises diverse businesses directly related to Goldman Sachs' corporate strategy, culture and brand.
Goldman Sach's Executive Office comprises diverse businesses directly related to its corporate strategy, culture and brand. It includes corporate communications (internal communications, media relations and brand marketing), investor relations, government affairs and the office of corporate engagement. Its stakeholders include employees, shareholders, the media, policy makers, alumni and the general public.
The finance teams manage the firm's liquidity, capital and risk, and provide the overall financial control and reporting function.
Their responsibilities include managing liquidity risk, long-term debt issuance and share repurchases and dividends; assessing the creditworthiness of the firm's counterparties; monitoring market risks associated with the firm's trading activities; designing and operating systems to support financial management, planning and forecasting; building risk models to support new businesses and derivatives analysis; managing the firm's relationships with regulators, rating agencies and creditors; and providing broad analytical and regulatory compliance support across all of Goldman Sachs' businesses.
The finance division is organised into discrete groups that cover these responsibilities.
The Global Compliance division is dedicated to protecting the reputation of the firm and managing risk across all business areas.
Working closely with each business, professionals interpret and ensure compliance with regulatory requirements and determine how the firm can appropriately pursue global market opportunities. Goldman Sachs monitors regulatory trends and changes in all jurisdictions in which the firm does business, and it shares information and collaborates with regulators to manage financial market risk.
Global Investment Research delivers client-focused research in the equity, fixed income, currency and commodities markets.
GIR analysts help the firm's investing clients achieve superior returns through differentiated investment insights and ideas. Goldman Sachs' clients include mutual funds, hedge funds, and pension funds, among others
Human Capital Management (HCM) is responsible for attracting, developing and managing the firm's biggest asset: its people.
The Internal Audit division assesses the firm's internal control structure, advises management on developing control solutions, and monitors the implementation of these measures.
Working in this division means you'll be providing reasonable assurance that financial reporting is reliable, there is compliance with applicable laws and regulations and the firm's operations are effectively controlled.
Goldman Sachs' Investment Banking teams deliver high-quality strategic advice and creative financing solutions to its clients, including mergers, acquisitions, financing, and risk management transactions.
Goldman Sachs prides itself on its resourcefulness and work on a variety of initiatives. On any given day, its work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.
The Investment Banking division encompasses two groups: Investment Banking and the Financing Group.
Investment Management works with clients, from individual investors to large financial institutions, to develop advanced portfolio management strategies to help them achieve specific goals for their own or their institution's financial future.
The Legal Department plays an essential role in the formulation and implementation of the strategy of Goldman Sachs.
The advice and counsel Goldman Sachs provides all areas of the firm is critical to maintaining its commitments to its clients, regulators, and shareholders and to promoting its culture of excellence and integrity. Goldman Sachs' goal is to provide legal advice that protects the firm's financial well-being and reputation and assists its various businesses in evaluating the risks associated with completing transactions and other activities.
The world of Merchant Banking is exciting and unpredictable. You should be flexible and enthusiastic about developing a very diverse set of skills.
Goldman Sachs looks for candidates with outstanding academic records, demonstrated leadership skills, a genuine interest in business and finance and passion for investing.
Operations is at the core of Goldman Sachs. For every trade agreed, every new product launched or market entered, every transaction completed, it is Operations that enables business to flow.
Operations partners with all areas of the firm to deliver banking, sales and trading, and asset management capabilities to all of its clients. Goldman Sachs works to protect the accuracy and efficiency at every step of the trade. For example, if a company wants to buy a block of stock, Operations first ensures that the stock and payment are ready to be traded. Next, it makes sure that the trade is settled properly and on time. And finally, Operations confirms that each trade is reported accurately to the buyer, the seller, the firm and the regulators. Along the way, Operations looks for anything that could expose its clients or the firm to financial loss, penalty or other risks. Operations does this for every transaction all around the world. Operations also aids in the design of the technology, the information flows and the processes that make it all work. It constantly monitors these systems and reengineer them to keep everything running as efficiently as possible.
The Realty Management Division (RMD) leverages proven best practices, team experience, and market knowledge in delivering investment and asset management services.
RMD provides real estate investment services and asset management to investments where Goldman Sachs has an interest, serving as a partner to other divisions across the firm, including Merchant Banking, Securities and Investment Management. The Realty Management Division has employees in the Americas, Europe and Asia.
The Securities Division enables Goldman Sachs' clients to buy and sell financial products, raise funding and manage risk. It makes markets and facilitate client transactions in fixed income, equity, currency and commodity products. In addition, it makes markets in and clear client transactions on major stock, options and futures exchanges worldwide.
Through its global sales force, it maintains relationships with its clients, receiving orders and distributing investment research, trading ideas, market information and analysis.
The Services Division provides essential advisory and management services to the people of Goldman Sachs in over 95 cities around the world, helping to drive the firm's productivity and financial results while enabling its flow of business.
Goldman Sachs' engineers build and deploy the innovations that drive its business and financial markets worldwide.
Goldman Sachs recognises that learning is a competitive advantage, and it is committed to helping its people reach the peak of their capabilities..
It created the Goldman Sachs University to help its people grow professionally - starting with their orientation and integration into the firm and continuing with ongoing development over the course of their careers. Each year, over 98% of its employees attend one or more GSU programs.
You become part of the Goldman Sachs team from the moment you accept an offer of employment. To reflect this, your orientation starts well before your first day in the office. New hires are given access to online resources to help them get to know the firm. Each month, it sends out a communication highlighting the same information that is sent to its employees. This enables pre-hires to begin to understand the culture, the activities and the expectations associated with working at Goldman Sachs. It also encourages managers to reach out to new hires prior to their start dates.
As part of Goldman Sachs' onboarding process, new hires spend time with its senior leaders, both in formal training programs such as 'Symposium' and 'Firmwide Analyst and Associate Orientation' and more informally through meetings, projects and daily interactions. This process accelerates their integration into the firm, and provides senior management an opportunity to get to know new hires.
Additionally, its integration programs provide new hires with resources and events to help them better understand its culture, its people and its businesses.
All its new employees and interns attend its 'Day One Orientation', a firmwide program to introduce its culture, history, business principles and core values. This is followed by the 'First 100 days' email program, which consists of an email each week for the first 16 weeks of employment. These emails cover topics such as technology, available resources, GSU training, compliance, Wellness programs, and diversity in a concise format, with additional information available on line.
Goldman Sachs University (GSU), its internal training and development function, offers courses to help you at each stage of your career. GSU programs cover leadership development, products and markets training, diversity and inclusion, culture and orientation, and professional skills.
Leading experts from within and outside the firm teach many of Goldman Sachs' more than 4,000 programs. You can take a course in various formats (classroom, Webcast, e-learning), depending on how much time you have and how much you need to know.
Through its personalised, online curriculum roadmaps, you'll find the courses its leaders recommend for people in your role. These core curricula are designed to help you advance your skills within current and new areas of responsibilities.
Its tailored roadmaps allow you to be proactive, to invest in your own development and to take part in the extensive training opportunities the firm has to offer. Your roadmap will be tailored to your business, region and location as well as your personal goals.
As part of its commitment to training many divisions ask that their people meet a minimum 10-hour annual continuing educational goal, and 20 hours is the ideal. Your training is included as part of your annual performance review to help it ensure that both the team's and your individual goals are met.
A deep understanding of Goldman Sachs' products and markets is critical to its ability to innovate and create new solutions. One of the aims of GSU is to systematically and quickly make available the best ideas and products from one area of the firm across the whole organisation.
Its Products and Markets programs are designed to help you understand the capital markets and the products it offers, learn to recognise appropriate applications for new products and demonstrate how to implement complex strategies with clients.
The GSU Business Series also forms part of its commitment to knowledge sharing and features speakers from across its businesses. This series, through regular presentations, helps its people better understand its business objectives and opportunities.
Alongside this, the Thought Leadership Forum (TLF) brings today's leading thinkers to the firm and offers its people a convenient, accessible opportunity to engage with them. The TLF inspires its people's creativity, informs their perspectives about current events and expands their worldview.
Goldman Sachs offers opportunities for leadership development at every level: from entry-level employees to experienced Managing Directors.
Its curriculum is based on the latest theories from leading authors and management professionals. Each course is designed with the Goldman Sachs environment, and the challenges our leaders face, in mind.
It has also established a leadership academy for its global senior management, called 'Pine Street'. Pine Street focuses on developing the firm's future leaders through a program of executive coaching, leadership acceleration initiatives, topical roundtables and master classes.
Pine Street also offers one-on-one sessions for managing directors and partners hired laterally into the firm. These sessions support new leaders overcome common challenges faced in their first 30-60-90 days at the firm.
Goldman Sachs believes you should be in control of your own learning and career development. This includes performance reviews and professional development planning.
Every employee has an annual 360-degree performance review, taking in a self-assessment and feedback from a diverse group of colleagues.
To help you get the most from this process GSU offers programs and resources to guide you through your review and help you review your colleagues more effectively.
Your Professional Development Plan (PDP) includes all your development needs and the actions that will help you meet them; whether through formal/informal training, work assignments, special projects, mentoring or committee participation. This plan is then reviewed over the year to make sure your goals are being met.
Mentoring is a core part of Goldman Sachs' investment in personal professional development, and it runs an in-house mentoring training curriculum to ensure that the program remains effective as a learning and development practice.
Goldman Sachs also offers unique programs targeted to certain populations at the firm. For instance the Women's Career Strategies Initiative provides development opportunities for high performing Associate women across the firm.
Academic discipline is less important than the personal qualities an individual brings with them, however a strong interest in and appreciation of finance is important. Whatever your background, it is intellect, personality and zest for life that the firm values the most.
Goldman Sachs' ability to meet challenges and ensure the firm's success in the future depends on attracting and retaining the highest quality people and the firm makes an unusual effort to identify the best person for every job. It evaluates candidates on six core measures - achievement, leadership, commercial focus, analytical thinking, teamwork and the ability to make an impact. The firm expects commitment, enthusiasm and drive from its employees but in return, offers unparalleled exposure, early responsibility, significant rewards and unlimited career opportunities.