Goldman Sachs
Global Banking & Markets, Loan Management, Commercial Real Estate (CRE) Financin
Goldman Sachs, Dallas, Texas, United States, 75215
Overview
Global Banking and Markets
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
The Loan Management team is a business unit within the Global Banking and Markets division, supporting the Mortgage and Structured Products business and Real Estate Finance Group. The team is a multi-faceted diligence and asset management platform specializing in asset management, transaction management, sales, securitizations, and financing. Candidate will be responsible for Asset Management of our Warehouse Facilities Real Estate Loans.
Responsibilities
Oversee and/or directly manage a diverse portfolio of credit facilities secured by commercial real estate loans
Manage strategic partners including co-lenders, Special and Primary Servicers
Develop thorough understanding of a deal\'s capital structure and business plan
Perform ongoing risk analysis, timely risk detection and make tactical and strategic recommendations, as appropriate
Formulate and execute strategies to maximize value through knowledge of loan and real estate markets and value-add strategies
Coordinate with both internal constituents and co-lenders on asset updates and Borrower requests
Conduct market research, prepare market summaries, and draw conclusions on market rent, absorption, vacancy, and liquidity trends in various investment markets
Develop and/or review property level pro forma cash flow statements and property valuations
Analyze financial statements, tax returns and cash flow statements of Borrowers and Guarantors
Monitor loans for covenant and reporting compliance
Review reserve/construction draw funding requests
Prepare loan and portfolio level status reports on a monthly, quarterly and ad-hoc basis for Senior Management
Prepare and present business plans and other ad-hoc memorandum
Qualifications
Minimum 5-7 years of experience in CRE loans asset management experience including management of performing and distressed CRE loans assets
Structured finance knowledge including Collateralized Loan Obligations and/or Warehouse Facilities
In-depth knowledge of loan documents and creditor rights for senior, mezzanine and A/B note capital structures
In-depth modification and restructure experience
Strong project management and organizational skills with experience liaising with other business lines and senior stakeholders
Experience across multiple asset types including office, retail, hospitality, multifamily, industrial and self-storage a plus
Excellent quantitative, verbal and written communication skills
Ability to work both autonomously and in a team setting
Solid analytical/logical mindset and attention to detail
Highly proficient in Excel
Strong sense of accountability and dedication to continuous improvement
Ability to work under pressure and meet deadlines ensuring high quality reports
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.
Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Sales
Referrals increase your chances of interviewing at Goldman Sachs by 2x
#J-18808-Ljbffr
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
The Loan Management team is a business unit within the Global Banking and Markets division, supporting the Mortgage and Structured Products business and Real Estate Finance Group. The team is a multi-faceted diligence and asset management platform specializing in asset management, transaction management, sales, securitizations, and financing. Candidate will be responsible for Asset Management of our Warehouse Facilities Real Estate Loans.
Responsibilities
Oversee and/or directly manage a diverse portfolio of credit facilities secured by commercial real estate loans
Manage strategic partners including co-lenders, Special and Primary Servicers
Develop thorough understanding of a deal\'s capital structure and business plan
Perform ongoing risk analysis, timely risk detection and make tactical and strategic recommendations, as appropriate
Formulate and execute strategies to maximize value through knowledge of loan and real estate markets and value-add strategies
Coordinate with both internal constituents and co-lenders on asset updates and Borrower requests
Conduct market research, prepare market summaries, and draw conclusions on market rent, absorption, vacancy, and liquidity trends in various investment markets
Develop and/or review property level pro forma cash flow statements and property valuations
Analyze financial statements, tax returns and cash flow statements of Borrowers and Guarantors
Monitor loans for covenant and reporting compliance
Review reserve/construction draw funding requests
Prepare loan and portfolio level status reports on a monthly, quarterly and ad-hoc basis for Senior Management
Prepare and present business plans and other ad-hoc memorandum
Qualifications
Minimum 5-7 years of experience in CRE loans asset management experience including management of performing and distressed CRE loans assets
Structured finance knowledge including Collateralized Loan Obligations and/or Warehouse Facilities
In-depth knowledge of loan documents and creditor rights for senior, mezzanine and A/B note capital structures
In-depth modification and restructure experience
Strong project management and organizational skills with experience liaising with other business lines and senior stakeholders
Experience across multiple asset types including office, retail, hospitality, multifamily, industrial and self-storage a plus
Excellent quantitative, verbal and written communication skills
Ability to work both autonomously and in a team setting
Solid analytical/logical mindset and attention to detail
Highly proficient in Excel
Strong sense of accountability and dedication to continuous improvement
Ability to work under pressure and meet deadlines ensuring high quality reports
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.
Details
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Sales
Referrals increase your chances of interviewing at Goldman Sachs by 2x
#J-18808-Ljbffr