Associate, IBD101818PB



Associate with Goldman Sachs Bank USA in New York, NY .

Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)

RESPONSIBILITIES AND QUALIFICATIONS

Duties: Analyze, structure, execute and facilitate the distribution of mortgage financing transactions for commercial real estate owners across asset types including office, retail, hotel, multifamily, industrial, manufactured housing, cold storage, senior housing, and self-storage. Build and review highly technical and complex proprietary underwriting models in order to evaluate property cash flows and other performance metrics. Responsible for managing client and broker relationships to facilitate commercial mortgage loan opportunities. Conduct market analysis through research and discussions with appraisers to understand valuation, market trends and competitive landscape. Lead dialogue with senior bankers, auditors, compliance officers and product specialists throughout the firm. Negotiate complex legal documents with borrowers including loan agreements, commitment letters and rate lock agreements, and review purchase and sale agreements, tenant leases and estoppels. Manage various third party providers during the loan closing process including appraisers, engineers, environmental consultants, legal counsel, underwriters and insurance consultants. Liaise with accountants, securitization counsel, internal legal counsel, rating agencies and borrowers to create offering materials for distribution purposes. Lead investor roadshows and loan syndication discussions with potential investors highlighting the key strengths and considerations of an investment opportunity. Supervise and coordinate the work of analysts / more junior members of the deal team.

Job Requirements: Bachelor's degree (U.S. or equivalent) in Economics, Business Administration, Finance, or a related field. Two (2) years of experience in the job offered or a related investment banking position. Prior experience must include one (1) year with: Working on large commercial mortgage lending opportunities in excess of $100 million; Conducting property analysis using Argus software and Microsoft Excel to generate and analyze property rent roll and financial information; Using detailed logic and finance formulas, data tables, filters, and pivot tables to reference and analyze large quantities of data and facilitate cash flow modeling using Excel and Argus; Preparing presentations in Microsoft Word and Microsoft PowerPoint to review deals with senior bankers, investment committees and rating agencies; Liaising with rating agencies and capital market specialists in connection with the structuring, pricing and distribution of commercial mortgage loans; Facilitating and managing communication flow between various stakeholders during loan closing and securitization process, including lender and borrower counsel, third party diligence providers, accountants, rating agencies, and investors. Travel required (5% of time)

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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