Global Banking & Markets - Collateral & Trade Diligence - Associate

About Goldman Sachs

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. For us, it's all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities

Global Banking & Markets

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

• Perform critical document reviews including title policies, modifications/CEMAs, security instruments, bailee letters, lost note affidavits, endorsement chains etc. for accuracy and compliance with loan and trade level requirements
• Analyze property reports, vendor reports, custodian reports and images to identify assignment chain breaks or deficiencies
• Determine and carry out curative measures required on identified deficiencies through issue resolution
• Perform research to locate images or originals of collateral docs and route to the appropriate party
• Review and analyze invoices and supporting information to ensure accurate billing for services by third party vendors
• Analyze vendor reporting to identify trends, aging and deficiencies and facilitate escalation until issues are resolved; issue final reports identifying risk/significant issues, resolutions, financial impact, etc
• Document and maintain quality notes and accurate summaries on all loan collateral reviews
• Maintain accurate reporting of exceptions and reconcile data to maintain data integrity
• Actively participate in system/technology related projects (e.g., assist IT/System Administration with design, analysis, testing, and implementation aspects of enhancements made to the system)
• Support other departments with servicing related research (Reporting and Analytics, Asset Management, Repurchase Team, Transaction Management, and Trade Desk Support)
• Ensure departmental and corporate guidelines are followed, and objectives are achieved
• Perform other duties as assigned

• Independent thinker and strong communicator who will be proactive, assertive and professional in dealing with internal/external customers, third-party vendor partners, other Loan Management departments, and senior managers
• Knowledge of US mortgage collateral or custodial process with thorough knowledge of all collateral document requirements for private whole loan and GSE sales / purchases is highly beneficial
• Ability to handle a challenging, fast-paced environment and aggressive deadlines with minimum supervision; successfully meet established project requirements and deadlines
• Capable of recommending modifications to existing policies/procedures to control risk and improve performance/efficiencies
• Outstanding analytic, organization, project management and presentation/communication skills
• Strong self-confidence, good judgment, and sound decision making and problem solving skills
• Advanced proficiencies in MS Excel, Word and Outlook
• Excellent decision-making and strong analytical skills
• Self-confidence, good judgment, sound decision making and problem solving skills
• Ability to handle a high-stress, fast-paced environment, and aggressive deadlines with minimum Supervision; successfully meet established project requirements and deadlines
• Ability to work independently, multi-task, and be well organized
• Strong organizational skills, attention to detail and flexibility
• Ensure that quality work product is maintained in a trade-based and time sensitive environment