About Goldman Sachs
The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
Business Unit Overview:
The Loan Management team is a business unit within the Global Market's division, primarily supporting the Mortgage Loan Trading and Structured Finance desks. The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities. The Loan Management team has product expertise across mortgages, consumer loans, real estate, and warehouse financing.
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Loan Management is seeking an Analyst to support Global Market's Mortgage Loan Trading and Banking trades. The successful candidate will be responsible for the analysis of performing and non-performing loan acquisitions, sales, securitizations, P&L reporting, and back-testing.
Responsibilities:
- Work with the trading desk on various stages of potential non-performing ,re-performing loan and new originations bids (NPL/RPL/ New Orig), normalize and load loan level data into internal databases, analyze and stratify pools, determine appropriate modeling assumptions, run analytics and produce bid packets and investment committee memos
- Interact with the Mortgage Banking team on deal securitizations to produce analytics, schedules for the governing documents, accurate loan level data, and work with transaction managers on diligence items
- Work with the desk on monthly marking of residential mortgage warehouse positions
- Collaborate with transaction managers and due diligence teams to ensure all post-bid activities data related to final settlement of awarded bids are accurately reflected in the systems
- Provide thoughtful monthly quantitative analysis on the key drivers of portfolio performance and recommend actionable strategies to asset managers and the trading desk
- Produce detailed monthly reports on P&L, returns, cash flows and collateral performance of the loan portfolio across multiple portfolios
- Conduct a periodic model back-testing on the existing portfolio and recommend modeling assumptions adjustments to the trading desk
- Collaborate across internal teams (Data Management, Operations, Technology, and Modeling) to ensure the quality of data, accurate cash processing, and validate modeling assumptions
Qualifications:
- CA or MBA in Finance with strong academic background. CFA preferred.
- 0-1 year of experience
- Superior analytical skills and attention to detail
- Exceptional communication skills with the ability to manage internal and external relationships.
- Advanced Excel skills with knowledge in advance functions such as vlookup, ifs, sumproducts, index/matches, etc.
- Technical Skills including CAS, Excel VBA, SQL Programming and Tableau a huge plus
- Ability to perform under fast-paced environment with tight time constraint
- Up-to-date with emerging business, economic, and market trends
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.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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Goldman Sachs is an equal employment/affirmative action employer