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

• 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
• In-depth knowledge of loan documents and creditor rights for senior, mezzanine and A/B note capital structures
• Analyze financial statements, tax returns and cash flow statements of Borrowers and Guarantors
• Perform ongoing risk analysis, timely risk detection and make tactical and strategic recommendations, as appropriate.
• Manage commercial real estate loans
• Develop thorough understanding of a deal’s capital structure and business plan
• Coordinate with both internal constituents and co-lenders on asset updates and Borrower requests
• Prepare and present business plans and other ad-hoc memorandum
• Formulate and recommend strategies to maximize value through knowledge of loan and real estate markets and value-add strategies
• Review reserve/construction draw funding requests
• Develop and or review property level pro forma cash flow statements and property valuations
• Conduct market research, prepare market summaries, and draw conclusions on market rent, absorption, vacancy, and liquidity trends in various investment markets

Qualifications

• Ability to work both autonomously and in a team setting
• Ability to work under pressure and meet deadlines ensuring high quality reports
• Solid analytical/logical mindset and attention to detail
• Highly proficient in Excel
• Strong sense of accountability and dedication to continuous improvement
• Minimum 5 years of experience in CRE loans asset management experience including management of performing and distressed CRE loans assets
• Experience across multiple asset types including office, retail, hospitality, multifamily, industrial and self-storage a plus
• Excellent quantitative, verbal and written communication skills

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.

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