Controllers, AWM Private Product Control, Associate, Jersey City

Goldman Sachs; Jersey City (NJ); On-site; USD 85,000 - 140,000; Full time

Job summary

Goldman Sachs in Jersey City, NJ seeks a Public Product Control professional to oversee the valuation of private equity and debt investments and support the External Investing Group. You will interact with controllers, traders, portfolio managers and operations to ensure accurate price verification and reporting.

Ideal candidates hold a Finance/Accounting degree with CPA/CFA or MBA preferred and have 3–5 years of relevant valuation experience, including market approaches and DCF analysis, with

Qualifications

• Degree in Finance/Accounting or equivalent.
• CPA/CFA or MBA preferred.
• 3–5 years relevant work experience (public and/or private).
• Knowledge of Private Equity and Private Debt valuations (market approach, DCF, etc.).
• Strong understanding of WACC, CAPM and valuation models.
• Solid grasp of equities markets and alternative asset management.

Responsibilities

• Oversight of quarterly valuation process for private equity, debt and GP stakes.
• Involvement in independent third-party valuation processes.
• Participation in external/internal audit reviews.
• Investor and regulatory reporting including disclosures for financial statements.
• Prepare and present to the valuation committee.
• Daily interaction with portfolio managers, Fund Accounting & Operations.
• Develop understanding of private equity markets and alternatives industry.

Skills

Financial analysis

Valuation knowledge

Microsoft Office

Interpersonal skills

Analytical skills

Education

Finance/Accounting degree

CPA/CFA or MBA preferred

Tools

Excel

PowerPoint

Outlook

Job description

Summary

The successful candidate will work within the AWM (Asset & Wealth Management) Public Product Control team, which is responsible for oversight of private equity and debt valuations within the External Investing Group (“XIG”).

They will be responsible for the price verification of private investments; primarily private equity investments

They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations

They will be responsible for investor and regulatory reporting

Principal Responsibilities

• Responsible for oversight of the quarterly valuation process for private equity, debt and general partner stake positions, including financials statement analysis, discounted cash flow and market approaches
• Involvement in independent third-party valuation processes
• Involvement in external/internal Audit review process
• Responsible for investor and regulatory reporting along with disclosures for financial statements
• Responsible for valuation committee presentations
• Daily interaction with portfolio managers, Fund Accounting & Operations
• Develop a broad understanding of private equity markets and alternative asset management industry

Experience / Skills

• Degree in Finance / Accounting, CPA/CFA or MBA preferred
• 3-5 years relevant work experience (public and/or private)
• Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.
• A strong understanding of WACC, CAPM and Contingent Claims Analysis models
• A strong understanding of Equities markets and the alternative investment management industry
• Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
• A strong understanding of valuation accounting disclosures
• Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers
• Ability to work within a team environment
• Strong analytical and organizational skills
• Results driven and great multitasking skills

Salary Range

The expected base salary for this Jersey City, NJ, United States-based position is $85000-$140000. 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.