Global Banking & Markets, Commercial Real Estate Loan Asset Management, Associate - Dallas

The Loan Management team is a business unit within Global Banking & Markets, 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 Direct Commercial Real Estate Loans.
Responsibilities And Qualifications
Asset Management

• Analyze financial statements, tax returns and cash flow statements of Borrowers and Guarantors
• Prepare and present business plans and other ad-hoc memorandum
• Conduct market research, prepare market summaries, and draw conclusions on market rent, absorption, vacancy, and liquidity trends in various investment markets
• Coordinate with both internal constituents and co-lenders on asset updates and Borrower requests
• Manage commercial real estate loans
• In-depth knowledge of loan documents and creditor rights for senior, mezzanine and A/B note capital structures
• Develop and or review property level pro forma cash flow statements and property valuations
• Prepare loan and portfolio level status reports on a monthly, quarterly and ad-hoc basis for Senior Management
• Monitor loans for covenant and reporting compliance
• Formulate and recommend strategies to maximize value through knowledge of loan and real estate markets and value-add strategies
• 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.
• Review reserve/construction draw funding requests

Qualifications

• Ability to work both autonomously and in a team setting
• Solid analytical/logical mindset and attention to detail
• Experience across multiple asset types including office, retail, hospitality, multifamily, industrial and self-storage a plus
• 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
• Excellent quantitative, verbal and written communication skills
• Minimum 5 years of experience in CRE loans asset management experience including management of performing and distressed CRE loans assets

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.
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