Job Summary:
The successful candidate will work within the AWM (Asset & Wealth Management). Public Product Control team, which is responsible for oversight of private debt and equity valuation covering $23bn market value within the growing Private Credit Group and Business Development Company (“BDC”) platform.
They will be responsible for the price verification of private investments; primarily private debt. They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations. They will be responsible for investor and regulatory reporting.
Principal Responsibilities:
Responsible for oversight of quarterly valuation process for private debt and equity positions, including financials statement analysis, yield analysis and discounted cash flow and market approachesInvolvement in independent third-party valuation processesInvolvement in external/internal Audit review processResponsible for investor and regulatory reporting including MD&A disclosures for financial statementsResponsible for valuation committee presentationsDaily interaction with portfolio managers, Fund Accounting & OperationsUnderstand SOX 404 framework and document supporting evidence of key SOX controls to ensure correct levels of control and independence are in placeDevelop a broad understanding of credit markets and the BDC industryQualifications:
Degree in Finance / Accounting, CPA/CFA or MBA preferred3-5 years relevant work experience (public and/or private)Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.Strong understanding of WACC, CAPM and Contingent Claims Analysis modelsStrong understanding of Fixed Income and Equities markets and the alternative investment management industry Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)Strong understanding of valuation accounting disclosuresStrong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managersAbility to work within a team environmentStrong analytical and organizational skillsResults driven and great multitasking skills Salary Range
The expected base salary for this Jersey City, New Jersey, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.