The Loan Asset Management (LAM) team is a business unit within the Asset & Wealth Management division. LAM is a multi-faceted diligence and asset management platform specializing in the management of loans within Goldman Sachs’ sponsored real estate credit funds. Candidate’s role will have key responsibilities in managing /overseeing commercial real estate loans.

Description

Oversee and/or directly manage a diverse portfolio of commercial real estate loans within Goldman Sachs’ sponsored real estate credit funds.Effectively communicate with property managers, third party vendors, borrowers, law firms, and fund Limited Partners on an ongoing basisMonitor business plan performance and make strategic recommendations to valuation, loan performance, and loan modifications to senior management, as appropriate

Responsibilities

Developing a deep understanding of the exposures and associated risks across the bookTaking the lead with borrower interactions on all positions post drawdownAnalysing and understanding underlying collateral of the positions, including regular site visits where applicableLead all legal workstreams post drawdownReview and obtain approval of any new leasing requests across the secured collateralPrepare and present transaction memos summarizing due diligence and credit analysis for obtaining internal approvals through life cycle of loanPrepare and present quarterly business plan updates, market updates and factors affecting collateral value and ultimate stabilization timeline to senior management and internal clients for review and approvalExperience in cash flow modeling/forecasting in conjunction with the use of market sale and rent comps to determine real estate values across a variety of property types: multifamily, hospitality, retail, industrial, office, self-storage, student housing, senior living, etc.Prepare and update monthly reporting packages for management and clientsDevelop and maintain market relationships with appropriate borrowers, brokers, lenders, vendors and other industry participantsAssist in communication of loan performance to Limited Partners within respective funds Work closely with the liabilities management team to ensure compliance within fund level financing facilities 

 

Basic Qualifications

Ideal candidate will possess a relevant degree in Finance, Business, or other applicable field and have an excellent academic and professional recordMinimum 3 years of experience in originating/underwriting CRE loans and/or managing performing/distressed assetsHighly motivated with potential to develop in a challenging roleDetail oriented and with a strong sense of ownershipStrong interpersonal and communication skillsA proactive team player with a strong sense of urgency, responsibility and ability to influenceHigh proficiency in Microsoft Office tools, with strong skills in Excel and Power pointExcellent multi-tasking abilities with strong organizational and time-management skillsAbility to work well under pressure alone and in a team with a positive, hands-on, proactive attitudeFluency in English – other European languages a plus