Asset & Wealth Management, Private, Credit Facility Management, Associate

The Goldman Sachs Group; New York, Cary (NY, NC); On-site; USD 100,000 - 160,000; Full time

Job summary

An established industry player is seeking a dedicated associate to join their Credit Facility Management team. This role offers a dynamic work environment where you will manage critical credit facilities and build strong relationships with lenders. You will be responsible for analyzing asset data, ensuring compliance, and supporting technology initiatives. With a strong emphasis on teamwork and personal initiative, this position is perfect for individuals eager to grow in the finance sector. Join a company committed to diversity and inclusion, and take the next step in your career with a leading global investment firm.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field required.
• Experience in asset management or credit facilities preferred.
• Strong analytical and interpersonal skills needed.

Responsibilities

• Manage credit facilities and ensure compliance with covenants.
• Track and analyze underlying asset data for reporting.
• Facilitate lender and agent relationships effectively.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Organizational Skills

Excel

Word

PowerPoint

Multi-tasking

Initiative

Detail Orientation

Education

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Bachelor's Degree in Business Discipline

Job description

Asset & Wealth Management

AWM invests in private equity, credit, real estate, infrastructure and other alternative investments around the world on behalf of third parties, Goldman Sachs and its employees. AWM operates a global platform and our team works in a fast-paced, dynamic environment. We look for individuals with versatile skills and a desire to learn.

Within AWM, the Credit Facility Management ("CFM") team is dedicated to managing the platform's credit facilities, which are a critical component of the performance we deliver to our investors. The CFM team is responsible for maintaining compliance with concentration limits, borrowing base covenants and reporting obligations, as well as ensuring successful relationships with lenders and agents. The CFM team works closely with several adjacent groups in AWM, including (i) Finance & DCM (source, negotiate and execute fund financing), (ii) Fund Management Groups (manage the funds' liquidity and lifecycle) and (iii) Portfolio Management teams (source, execute and monitor underlying investments).

Associates on the CFM team will support senior team members in maintaining a series of credit facilities across strategies and managing lender/agent relationships, as well as a variety of recurring tasks. The successful applicant will demonstrate a consistent track record of achievement, be comfortable working in a fast-paced, dynamic environment, and be able to manage multiple projects concurrently.

Responsibilities:

• Managing a series of credit facilities including underlying covenants, concentration limits, borrowing base and reporting compliance


• Tracking/collating and analyzing underlying asset data


• Facilitating utilization requests and servicing events


• Managing lender and agent relationships


• Assisting with facility negotiation and pre-execution approvals


• Tracking, reporting and analyzing detailed performance metrics


• Creating management presentations/responding to ad hoc requests and preparing analyses for same


• Supporting/furthering technology initiatives related to the above responsibilities


• Additional responsibilities will be based on the needs of the business and the candidate's specific skills

Qualifications:

• Bachelor's Degree in Finance, Accounting or other business discipline


• Asset management / fund financing / credit facility experience preferred


• Strong analytical skills and detail orientation


• Strong interpersonal and communication skills, oral as well as written


• Strong coordination and organizational skills


• Ability to multi-task and meet tight deadlines


• Ability to work independently in a small team, exhibit initiative and be proactive


• Ability to organize and analyze large volumes of information


• Interest in working on technology initiatives


• Team player, willing to help in areas not explicitly related to job duties


• Comfortable working in a fast-paced, dynamic environment


• Strong Excel, Word, PowerPoint skills

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary Range

The expected base salary for this New York, New York, United States-based position is $100000-$160000. 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.