Overview

This role will sit in the Loan Asset Management team in RMD. In LAM we manage commercial real estate loans, including but not limited to, performing and non-performing senior / junior positions, complex structured finance products and floating rate transitional loans. In addition, there is active sourcing new acquisition opportunities. The candidate will execute these tasks in co-ordination with senior RMD Management and the different GS investment and lending divisions.

General

  • Work collaboratively to achieve department and firm objectives
  • Develop and maintain market relationships with appropriate vendors and other industry participants
  • Keep Senior Management informed about potential decisions’ impact on assets

Underwriting

  • Analyzing and presenting opportunities and risks inherent in specific sectors and markets
  • Overseeing valuation analyses and due diligence processes
  • Coordination of internal and external resources to analyze investments opportunities
  • Responsible for deal closing processes

Asset Management

  • Oversee and/or directly manage a diverse portfolio of commercial (real estate and C&I) loans and direct equity investments
  • Responsible for oversight of operating partners, third party asset managers and property managers
  • Formulate and execute strategies to maximize value through knowledge of loan market and value-add strategies
  • Negotiate with borrowers
  • Lead disposition efforts of underlying real estate assets/collaterals including contract negotiation, transaction management and closing
  • Coordinate with third party leasing and sales agents

Reporting

  • Prepare and present quarterly and semi-annul business plans, acquisition and disposition cases, and other ad-hoc memorandum related to capital fundings, major lease approvals, mark-to-market analysis, etcetera, to Senior Management and internal clients for review and approval
  • Prepare and update monthly reporting packages for management and clients

Basic Qualifications

  • Minimum 5 years of experience in originating/underwriting CRE loans and/or managing performing/distressed loan assets
  • Experience valuing multiple product types including office, retail, hospitality, multifamily
  • Proficiency in Excel, PowerPoint and Word
  • Strong academic background
  • Well-developed network in the US market
  • New market tax credit experience a plus
  • Affordable housing experience a plus

Preferred Qualifications

  • Excellent quantitative, verbal and written communication skills
  • Self-motivated, ability to work both autonomously and in a team setting
  • Solid analytical/logical mindset and attention to detail
  • Inquisitive by nature with detail orientation and intellectual curiosity. Strong sense of accountability and dedication to continuous improvement
  • Ability to work under pressure and meet deadlines ensuring high quality reports

Source: Goldman Sachs Career Page

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About Goldman Sachs

The Goldman Sachs Group, Inc. (NYSE: GS) is a U.S. financial services firm founded in 1869 by Marcus Goldman and Samuel Sachs. It is headquartered at 200 West Street in Lower Manhattan, New York City, NY. The company employs 34,000 employs across the world. Its main business lines include asset management, commercial banking, investment banking, investment management, and prime brokerage.

Goldman Sachs Realty Management Division (RMD) provides real estate investment services and asset management to investments where Goldman Sachs has an interest. The Realty Management Division has offices in the Americas as well as in Europe, Asia, and Australia and is organized into six business units including Hospitality, Loan Asset Management, Real Estate Credit Investing, Portfolio Management, Real Estate Asset Management, and Residential Mortgage Asset Management.