The Loan Management team is a business unit within the Global Banking and Markets division, primarily supporting the Mortgage Loan Trading desk and Global Banking and Markets’ Real Estate Finance Group. The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities. The Loan Management team has product expertise across mortgages, consumer loans, real estate and warehouse financing.
This role will have key responsibilities in underwriting/managing /overseeing commercial real estate loans that GS has an interest in.
General
- Work collaboratively to achieve department and firm objectives
- Develop and maintain market relationships with appropriate vendors and other industry participants
- Support and participate in structuring and execution of optimal financing solutions for external clients
- Assist in loan level financings, appraisal review, and other activities that may require feedback from the debt originations or real estate finance groups
- Keep Senior Management informed about potential decisions’ impact on assets and asset performance
Underwriting
- Analyzing and presenting opportunities and risks inherent in specific sectors and markets
- Performing valuation analyses and due diligence related activities
- Tracking and forecasting operating cash flows from real estate assets using a combination of market data, property specific operating norms, actual performance data and GS specific standards required to evaluate, pursue, and close debt investment opportunities.
- Coordination of internal and external resources to analyze investments opportunities
Asset Management
- Oversee and/or directly manage a diverse portfolio of commercial real estate loans
- Experience interacting with property managers, third party vendors, borrowers and law firms
- Experience in ARGUS and Excel 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, senior living, etc.
- Monitoring business plan performance and making tactical and strategic recommendations, as appropriate
Analysis & Reporting
- Prepare and present transaction memos summarizing due diligence and credit analysis for obtaining internal approvals
- Prepare 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 approval
- Prepare and update monthly reporting packages for management and clients
Basic Qualifications
- Minimum 1-3 years of experience in originating/underwriting CRE loans and/or managing performing/distressed assets
- Experience valuing multiple commercial real estate product types
- Proficiency in Excel, PowerPoint and Word
- Strong academic background
Preferred Qualifications
- Excellent quantitative, verbal and written communication skills
- Self-motivated, ability to work both autonomously and in a team setting
- Solid analytical/logical mindset and attention to detail
- Strong sense of accountability and dedication to continuous improvement
- Ability to work under pressure and meet deadlines ensuring high quality output