Goldman Sachs

Host

Jake Caldwell
Class of 2009

Goldman Sachs

Finance
Sales & Trading

Company Description

Goldman Sachs is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. This Externship will focus on our FICC Franchise within Global Banking & Markets. As one of the broadest and deepest global franchises, our experienced traders, sales professionals, and risk managers pursue every opportunity to deliver long-term performance for clients across a diverse range of trading, risk, and lending services.

Job Position

Managing Director, Head of US CLO and CMBS Trading

Job Description

I manage our US CLO and CMBS secondary trading business within the Mortgages Department of Goldman Sachs. I am responsible for supervising a team of traders who are market-makers in various US-issued securitized products including, but not limited to Collateralized Loan Obligations (“CLOs”), Commercial Real Estate CLOs (“CRE CLOs”) Commercial Mortgage-Backed Securities (“CMBS”) including Single Asset/Single Borrower (“SASB”) and Conduit CMBS. Our team acts in its capacity as both principal dealer and broker in these securities including short-term financing of these positions via Repurchase Agreements (“Repo”).

Externships

Session Dates
NOTE: This session will be held on multiple non-consecutive days
Monday, Jun 9, 20254:00 PM
Virtual
Wednesday, Jun 11, 20254:00 PM
Virtual
Friday, Jun 13, 2025
9:00 AM - 3:00 PM
In-Person
Business Casual
200 West St
New York, NY 10282
Learning Goals

Students will gain knowledge and exposure to the world of sales & trading at a broker-dealer. The externship will specifically focus on Fixed Income Markets including Mortgages and Credit Products. Students will learn about products and job functions within the industry. Students are expected to attend 2 virtual sessions for 1.5-2 hours which will serve to provide an in-depth knowledge of the relevant aspects of the job. The 3rd session will be in-person at Goldman Sach’s Global HQ in New York, where students will shadow various roles and then sit for a Q&A with a handful of Delbarton Alumnae and Parents. Lunch will be served.