GBM - Investment Banking Associate, M&A Capital Markets

Business Unit Description / Overview:

The M&A Capital Markets (“MACM”) team is an integral part of the M&A advisory business, responsible for providing differentiated advice on unique or complex merger matters. MACM provides capital markets insights and judgments on all aspects of strategic transactions, ranging from negotiating merger consideration to predicting and analyzing event-driven trading dynamics. The team has a broad mandate, pitching and executing mergers and separations across sectors, market caps and geographies.

Selected Key Practice Areas and Responsibilities:

• Helping senior bankers across Investment Banking advise clients on a diverse set of merger-related matters
• Architecting and negotiating structured deal solutions (such as M&A collars and cash/stock elections) on behalf of clients in live M&A transactions
• Leveraging data to create differentiated insights into the merger and equity markets for use in marketing and advisory assignments
• Performing and presenting analyses on trading patterns related to activism, mergers, and other corporate events, including M&A buyer reactions, merger arbitrage, index fund trading, and activist accumulation
• Interpreting investor sentiment around transactions by synthesizing investor feedback, trading desk color, market data, sell-side research, and third-party commentary
• Analyzing the financial and capital markets impacts of novel transaction structures
• Providing real-time judgments and insight into trading dynamics in leaked, hostile, or contested M&A
• Gauging the impact of acquisitions and separations on pre- and post-closing client valuations and equity stories
• Overseeing, quality-controlling and enhancing the group’s proprietary datasets

Skills and Experience We Are Looking For:

• Excellent written and verbal communication skills with confidence to interact with clients and senior internal leaders
• Ability to synthesize data into concise client-ready slides, memos, or talking points
• Demonstrated interest in equity markets, investor behavior, corporate finance, and the broader macroeconomic environment
• Effective project management skills with ability to prioritize competing projects and deadlines
• Strong familiarity with company valuation concepts (comparable multiples, DCF, LBO, etc.) and merger math
• Exceptional quantitative and technical skills, ideally with experience in statistics or data science

Additional Information:

• Small, collaborative team with a strong culture and exposure to senior bankers on the team and across the firm
• Associates work across industries and gain broad exposure to Goldman Sachs’ client base
• Core client audience consists of most senior management (C-Suite) and Board of Directors
• Involvement in some of the most important and high-profile situations and transactions

Salary Range

The expected base salary for this New York, NY, position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.