Asset & Wealth Management- Dallas - Associate, Internal Product Specialists- 4569224

Goldman Sachs • Dallas, TX

8h • Onsite

About The Position

The Associate, Internal Product Specialists at Goldman Sachs Bank USA in Dallas, Texas, is responsible for underwriting and originating complex structured loans for commercial real estate-focused high net-worth clients. This role involves assessing, monitoring, and documenting credit and business risks across loan transactions within the existing portfolio. Key duties include conducting thorough analysis of borrower financial conditions, evaluating collateral, identifying risks and mitigants, and making recommendations to senior leadership. The associate will also originate and manage a portfolio of other structured underwritten loans secured by various assets such as private equity/hedge funds, aircraft, fine art, hobby properties, private company stock, yachts, and marketable securities. Ensuring adherence to bank-approved underwriting standards and participating in business initiatives like new product development and systems enhancements are also part of the role.

Requirements

• Master’s degree (U.S. or foreign equivalent) or Bachelor’s degree (U.S. or foreign equivalent) in Finance, Business, Economics, Accounting, or related field.
• One (1) year of experience (with a Master’s degree) or three (3) years of experience (with a Bachelor’s degree) in the job offered or in a related role.
• Prior employment must include one (1) year of experience (with a Master’s degree) or three (3) years of experience (with a Bachelor’s degree) with: private bank lending including a demonstrated proficiency in analyzing complex borrower and guarantor structures and financial reporting.
• Financial Accounting principles and strong financial valuation and modeling skills using Microsoft Excel.
• Understanding of the regulatory frameworks and controls that govern the banking industry and lending business.
• Commercial real estate underwriting principles including collateral evaluation and market research using open and proprietary sources of information.
• Communicating effectively both in writing and verbally with senior business leadership, clients and relevant stakeholders.

Responsibilities

• Underwrite and originate complex structured loans to commercial real estate-focused high net-worth clients.
• Assess, monitor, and document the credit and business risks incurred across loan transactions within the existing portfolio of deals.
• Conduct routine, thorough analysis of the borrower’s financial condition, evaluate any collateral securing the loan, identify risks and mitigants, and proactively make recommendations to senior leadership to address looming challenges.
• Work on originating and managing a portfolio of various other structured underwritten loans secured by Firm and third-party private equity/hedge funds, aircraft, fine art, hobby properties, private company stock, yachts, and marketable securities.
• Ensure underwriting standards approved by the bank are adhered to in the loan approval process, with exceptions appropriately mitigated and documented.
• Participate in various business-related initiatives, such as new product development and systems/operational enhancements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees