MORE ABOUT THIS JOB Consumer and Investment Management (CIMD) The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.
PWM Goldman Sachs Private Wealth Management (PWM) specializes in creating comprehensive wealth management plans for high net worth individuals and families, as well as select institutions, including foundations and endowments. PWM Teams work one-on-one with clients to advise and deliver customized strategies drawn from our deep investment experience, diverse wealth management capabilities and global reach. Our Private Wealth Advisors (PWAs) deliver an unparalleled investment platform inclusive of the full product and service offerings of Goldman Sachs and beyond, which may include tax and estate planning, philanthropic planning and private banking and lending services. As client needs evolve, this close relationship allows the team to offer complementary services and new opportunities by leveraging the resources of Goldman Sachs and beyond.
RESPONSIBILITIES AND QUALIFICATIONS Responsible for the origination of capital call financing to private equity funds, alongside an existing 6-person Private Equity Capital Call (PECC) origination and underwriting team. Leverage Goldman Sachs' and personal relationships to achieve origination targets. Manage client experiences end-to-end, from opportunity identification through loan closing and servicing. Interface with loan underwriters and credit team to obtain approval and to ensure that portfolio standards are maintained.
Primary Client and Transaction Responsibilities:
Overall responsibility for GS Bank loans to private equity funds. Accountable for client experience from initial contact to loan funding and ongoing relationship management.
Engage internal GS sources and external industry contacts to generate consistent deal flow.
Gather necessary client due diligence information, recommend appropriate lending solutions and drive the internal credit approval process by working directly with the underwriting and credit risk management teams.
Negotiate loan terms with the client, balancing commercial objectives with risk/portfolio management priorities.
Coordinate the structuring, negotiation and closing of club/syndicated transactions as appropriate.
5+ years work experience in private equity lending.
BA required; MBA preferable.
Strong familiarity with the private equity industry with an established base of contacts.
Working knowledge of relevant risk management: credit, underwriting and operating risks.
Familiarity with complex commercial structures, domestic and international
People / project management skills
Strong oral and written communications skills
Flexible, personable, confident and self-motivated; team player
Well organized and able to work under pressure to meet deadlines
Desire to help develop and grow a dynamic business
ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.