Associate, Asset Servicing

Goldman Sachs Services LLC; Dallas (TX); On-site; USD 110,000 - 140,000; Full time

Job summary

Goldman Sachs Services LLC in Dallas, TX is seeking an Associate in Asset Servicing to manage events such as restructurings, repricings, and bankruptcies, while interpreting covenant and financial reporting requirements for lender and borrower contexts.

The role requires a Masters or Bachelor's degree in Finance or Economics with relevant experience in asset servicing, risk assessment, and end-to-end loan lifecycle management, including collaboration with multiple teams and stakeholders.

Qualifications

• Masters degree in Finance, Economics or related field with 1 year of experience in asset servicing or related role.
• Bachelor's degree in Finance, Economics or related field with 3 years of experience in asset servicing or related role.

Responsibilities

• Demonstrate accurate and timely comprehension and management of asset servicing events (e.g., restructurings, repricings, bankruptcies).
• Interpret covenant and financial reporting requirements in lender and borrower contexts.
• Collaborate with internal and external stakeholders to identify process improvements and strengthen controls.

Education

Masters degree in Finance, Economics or related field

Bachelor's degree in Finance, Economics or related field

Job description

Associate, Asset Servicing
Goldman Sachs Services LLC
Dallas, TX

Demonstrate accurate and timely comprehension and management of voluntary and mandatory Asset Servicing events: Restructurings, Repricings of Loans, Bankruptcies, etc. and their impact to Operations and the Business. Demonstrate accurate and timely comprehension and management of Covenant and Financial Reporting requirements in both Lender and Borrower capacities determined by legal documents of investment agreements. Requires: Masters degree (U.S. or foreign equivalent) in Finance, Economics or a related field, and one (1) year of experience in job offered or a related role OR Bachelors degree (U.S. or foreign equivalent) in Finance, Economics or a related field, and three (3) years of experience in job offered or a related role. Prior work experience must include one (1) year of experience (with a Masters degree) or three (3) years of experience (with a Bachelors degree) with each of the following: reviewing underwriting documentation and financial statements to accurately interpret complex asset servicing events and understand their impact to operational teams across various business sleeves such as urban development investments, direct lending investments, or real estate investments; reviewing and interpreting credit agreements, identifying and capturing covenant structure on a loan such as quarterly and annual financial statements, compliance certificates, and financial testing ratios (DSCR, interest coverage, leverage ratio, etc.) to accurately build delivery schedules in the operations system and monitor the ongoing financial performance of investments; full loan lifecycle and the associated end-to-end operational requirements of lending agreements through maturity, and any amendments to the agreements; identifying financial risks, interpreting the impact of asset servicing events to credit worthiness, and understanding of Loan Review Committee or amendment approval processes; and collaboration with internal and external stakeholders to identify process improvement opportunities that enhance efficiency and strengthen operational controls. Job Code: 10190615

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