Global Investment Research, US Economics, Political/Economic Research Analyst

The Goldman Sachs Group
$110000-$125000
United States, D.C., Washington
Dec 01, 2025
GLOBAL INVESTMENT RESEARCH From macroeconomic forecasts to individual stock analysis, our team develops tools and insights to help shape investment strategies for clients and the firm. Our analysts work on client-focused research in the equity, fixed-income, currency, and commodities markets, mining big data that enters markets around the world each day to identify game-changing insights. You'll be part of a team that is intellectually curious, creative, analytical, and passionate about performing market research. 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. ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law. 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.