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Global Banking & Markets, Private Markets Investing & Lending, Private Equity Capital Call (PECC)/ Subscription Finance - Credit Monitoring - Analyst/Associate - Dallas

Goldman Sachs

Goldman Sachs

IT, Accounting & Finance
Dallas, TX, USA
Posted on Thursday, June 6, 2024

Job Description

GLOBAL BANKING AND 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.

PRIVATE MARKETS INVESTING AND LENDING GROUP

The Private Markets Investing and Lending (PMIL) group in GBM deploys the firm’s balance sheet across a full suite of structured financing and risk management solutions across the private markets ecosystems. The Private Equity Capital Call (PECC) team provides innovative fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund’s limited partners. The business forms an integral part of Goldman Sachs’ private equity advisory, lending, and servicing ecosystem.

Responsibilities And Qualifications

We are looking for an analyst/associate to join our Private Markets Investing and Lending-Fundamentals team, focused on underwriting investor credit risk in the context of capital call facilities. This position requires a deep understanding of the role of limited partners in capital call facilities and understanding of credit risk associated with investor types including public and private pensions, sovereign wealth funds, endowments, foundations, insurance companies, fund of funds and high-net worth investors. The successful candidate will be responsible for monitoring and evaluating the credit quality of the investors whose commitments are the collateral for our capital call facilities, building and managing a database of investor information, and providing insights on the financial health and risks associated with investors within our loan portfolio.

Responsibilities:

  • Perform detailed credit assessments and continuous monitoring of the credit quality of existing and potential limited partners.
  • Build, maintain, and update a comprehensive database of investor information, ensuring accuracy, and reliability of data related to credit assessments and financial performance.
  • Analyze financial statements, credit reports, market trends, and economic indicators to assess creditworthiness and predict potential risks.
  • Develop and maintain advanced credit rating models and analytical tools for effective risk assessment and trend prediction.
  • Collaborate closely with structuring, compliance, and risk management teams to ensure alignment with internal policies, external regulatory requirements, and best practices in credit analysis.
  • Provide strategic insights and recommendations to senior management on credit risk, based on data-driven analysis, market conditions, and investment strategy implications.
  • Stay informed on regulatory changes, economic developments, and industry trends that could impact the credit quality of investors or the broader investment landscape.

Requirements:

  • Bachelor's degree in Finance, Economics, Accounting, or related field. Master's degree or professional certification (CFA, CPA) preferred.
  • Minimum of 2 years of relevant experience in credit analysis, risk management, or a similar role within the financial services industry, with preference for specific exposure to credit quality monitoring of certain investor types.
  • Demonstrated ability to manage and analyze large datasets, with proficiency in database software and financial analysis tools.
  • Strong analytical, quantitative, and problem-solving skills, with a keen eye for detail and accuracy.
  • Excellent communication skills, capable of presenting complex information in a clear and persuasive manner to stakeholders at all levels.
  • Deep understanding of the structure and dynamics of capital call facilities, the role of limited partners, and the operational aspects of private equity and private credit funds.
  • Ability to work independently and as part of a team in a dynamic, fast-paced environment.

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

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity