Global Investment Research (GIR) provides investment recommendations by generating fundamental research and analysis of companies, industries, markets and economies. GIR analysts, economists and strategists help our clients achieve superior returns through our creative, differentiated investment insights and ideas. Our clients include mutual funds, hedge funds and pension funds, among others.
ROLE SUMMARY
The Macro Research team focuses on the intersection between economics and financial markets across a wide class of assets including equities, fixed income/credit, currencies, and commodities. We are seeking an analyst with 1-3 years of experience to join our US Economics team in Washington D.C.
Working closely with the chief US political economist and other members of the US Economics team, the analyst will be responsible for research and analysis focusing on macroeconomic, political, and policy developments and their market impact. This is an ideal role for a candidate with a strong foundation in empirical economic research who is passionate about policymaking and financial markets.
RESPONSIBILITIES
- Analyze the impact of political and policy developments, such as tariff changes or regulatory updates, on financial markets and global capital flows.
- Contribute to timely and innovative research publications, including co-authoring articles that uncover and explain sectoral capital flows and market dynamics.
- Conduct empirical research projects on topics such as the effect of political events on equity markets or the impact of regulation on firm borrowing costs.
- Develop and maintain quantitative models to project and analyze economic and financial data.
- Collaborate with colleagues in sales, trading, and investment banking, as well as external clients, to explain the team's research and views.
QUALIFICATIONS
- 1-3 years of relevant experience in a research-oriented role at an institution such as a central bank, investment firm, or in an academic setting.
- Bachelor's or Master's degree in Economics, with a strong academic record and coursework in econometrics. A demonstrated interest in the intersection of policy and markets, perhaps through a senior thesis or similar capstone project, is highly valued.
- Strong analytical and quantitative skills, with demonstrated experience conducting empirical research using panel data or similar datasets.
- Deep understanding of the US political system and policymaking process, with an ability to present complex macroeconomic analysis and policy proposals. Experience in activities like the College Fed Challenge is a strong plus.
- Proficiency with statistical software and programming languages is required (e.g., Stata, R, Python, Matlab, Excel).
- Excellent written and verbal communication skills, with the ability to distill complex topics for a wide audience.
- Meticulous attention to detail and strong organizational skills, with experience in compiling and managing large datasets.
- Ability to work both autonomously on research projects and collaboratively within a team setting.
Salary Range
The expected base salary for this Washington, District of Columbia, United States-based position is $110000-$125000. 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.