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Private Lending is a part of GS Private Bank (PB), which is a business initiative of Goldman Sachs. PLU employees are employees of Goldman Sachs Bank USA.
How you will fulfill your potential
Evaluate all risk and economic implications of transactions, using strong analytical and technical skills
- Work closely with the Regional Lending Team to advise and develop solutions for clients that meet their needs and remain within acceptable risk parameters for the Bank
- Develop and maintain a thorough understanding of the product suite offered in Private Lending. Ensure consistency in the underwriting process and with the standards prescribed in the Product Lending Guides
- Document the loan structure and analysis for credit approval and file documentation purposes
- Ensure that loan documentation is consistent with the approved terms and that appropriate risk ratings are assigned to each loan transaction
- Confirm compliance with all covenant and collateral monitoring procedures
- Ensure that loan approvals and policy exceptions are documented appropriately and that credit files are maintained in a satisfactory manner
- Interact with banking regulators on an as needed basis. Provide other support of GS Bank USA’s loan portfolio as requested
- Foster strong communication with Regional Private Lending teams, Credit Risk Management, PWM teams, clients and GS Bank USA personnel
Skills and experience we are looking for
- A Bachelor’s degree (MBA preferred for a more senior role)
CPA or CFA a plus
3+ years of work experience in a financial field (mortgage or insurance underwriting is not relevant for this role)
Relevant work experi - ence in commercial banking and/or private banking underwriting or credit roles
- Key skills include detailed knowledge of financial accounting, analysis, and modeling
- Excellent communication skills, both oral and written
- Strong project management, multi-tasking, and work organization skills
- Flexible, personable, confident, and self-motivated while focusing on being a team player
- Desire to be part of a dynamic and growing business
- No licensing required for this role
Source: Goldman Sachs Career Page
