Asset & Wealth Management, Real Estate Loan Asset Management, Senior Associate Junior Vice President
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Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Asset & Wealth Management
A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential while you discover your own. As part of one of the worlds leading asset managers with over $3 trillion in assets under supervision you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions and building meaningful relationships with your clients. Working in a culture that values integrity and transparency you will be part of a diverse team that is passionate about our craft our clients and building sustainable success. Bringing together traditional and alternative investments Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs we provide investment and advisory services for pension plans sovereign wealth funds insurance companies endowments foundations financial advisors and individuals.
Role Overview
The Loan Asset Management Senior Associate / Junior Vice President will sit within the Loan Asset Management (LAM) team and support the active management of a diversified commercial real estate loan portfolio. The LAM team manages a broad range of commercial real estate loans including performing and nonperforming senior and junior positions floatingrate transitional loans and complex structured finance investments.
This role supports daytoday asset management execution in close coordination with real estate credit teams borrowers servicers and internal stakeholders. The position requires strong analytical judgment the ability to manage multiple loans concurrently and versatility across property types capital structures and asset performance profiles.
Title will be determined based on experience seniority and demonstrated history managing distressed or underperforming loan assets.
Key Responsibilities:
- Manage and oversee a portfolio of commercial real estate loans across multiple property types and performance profiles
- Develop a deep understanding of each loans capital structure collateral business plan and exit strategy
- Perform ongoing credit and risk analysis proactively identify issues and formulate tactical and strategic recommendations
- Support active management of underperforming or distressed assets including modifications extensions and resolution strategies
- Update and review propertylevel cash flow models and valuations on a monthly basis
- Track and analyze key performance metrics including DSCR debt yield LTV occupancy NOI and returns
- Monitor covenant compliance reporting requirements and borrower obligations
- Review reserve and construction draw requests and coordinate funding activity with servicers
- Lead or participate in borrower performance calls and document risks action items and outcomes
- Coordinate closely with servicers to monitor payments remittances and reporting accuracy
- Maintain detailed loanlevel notes action plans and performance commentary within Asset Management systems
- Prepare loanlevel and portfoliolevel reporting on a monthly quarterly and adhoc basis for senior management
- Assist in the preparation and presentation of quarterly business plans dashboards and management materials
- Partner with senior team members on special situations process enhancements and reporting improvements
Qualifications:
Required
- Bachelors degree in finance real estate accounting economics or a related field
- 3 years of experience in real estate loan asset management servicing or real estate credit
- Experience managing or supporting portfolios of commercial real estate loans across multiple asset types
- Strong understanding of commercial real estate valuation underwriting and lending fundamentals
- Proven financial modeling skills with advanced proficiency in Microsoft Excel
- Ability to manage multiple assets and priorities in a fastpaced environment
- Strong written and verbal communication skills including borrower and internal stakeholder interaction
- High attention to detail sound judgment and strong organizational skills
Strongly Preferred
- Direct experience managing distressed underperforming or special situation loans
- Experience working with asset management databases and portfolio reporting tools
- Prior exposure to loan workouts modifications extensions or resolution strategies
- Argus experience a plus but not required
Leveling & Title Considerations
- Senior Associate: Typically 35 years of experience with strong asset management fundamentals and exposure to complex or underperforming loans
- Junior Vice President: Typically 5 years of experience with demonstrated ownership of distressed assets borrower negotiations and independent credit judgment
Required Experience:
Exec
Key Skills
- Portfolio Management
- Wealth Management
- Financial Services
- Hybris
- Microsoft Word
- Banking
- Cash Management
- Data Management
- Microsoft Powerpoint
- Securities Law
- Microsoft Excel
- Internet Of Things
About Company
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.
