Global Banking & Markets - Loan Management, Transaction Management - Analyst - Dallas

The Goldman Sachs Group; Dallas (TX); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Transaction Management Associate/Analyst to join their Loan Management group. This role involves supporting the acquisition and management of residential mortgage loans, ensuring compliance with corporate guidelines. The ideal candidate will thrive in a fast-paced environment, demonstrating strong analytical skills and the ability to coordinate with various stakeholders. With a commitment to fostering diversity and inclusion, this innovative firm offers opportunities for professional growth and development, making it an exciting place to advance your career in finance.

Benefits

Diversity and inclusion initiatives

Training and development opportunities

Wellness programs

Mindfulness programs

Qualifications

• 1+ years in residential mortgage loan industry with familiarity of mortgage products.
• Strong organizational skills and ability to manage deadlines with minimal supervision.

Responsibilities

• Assist Transaction Managers in facilitating due diligence of residential whole loan acquisitions.
• Collaborate with internal teams to ensure compliance and data integrity.

Skills

Residential mortgage loan industry experience

Time management

Attention to detail

Communication skills

Problem-solving skills

Data analysis

Education

Bachelor's degree

Tools

MS Excel

SQL

Tableau

Python

Job description

The Loan Management group is a business unit within the Global Banking and Markets (GBM) division, primarily supporting the Mortgage Loan Trading and Structured Finance desks. The group 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.

The New Origination team provides due diligence, quality control, transaction management to support acquisitions and dispositions of newly originated conduit loans (bulk & flow). The Transaction Management Associate/Analyst will support the team to ensure corporate underwriting guidelines are followed, and help support the firm's ultimate trade decision on bulk and flow acquisitions in the secondary market.

Core responsibilities:

• Trade analytics and reporting


• Data analysis and data checks


• Securitization support


• Trade and counterparty coordination


• Perform asset level due diligence checks

RESPONSIBILITIES AND QUALIFICATIONS

Loan Management is seeking an Analyst that will assist Transaction Managers in facilitating due diligence (at both the deal and asset levels) of residential whole loan acquisitions, sales and securitizations of residential loan portfolios. The Analyst will ensure all assets are diligence in accordance with the scope of the transaction closing requirements, and adherence to departmental, divisional and Firmwide policies.

Responsibilities include:

• Collaborate with Transaction Manager(s),Trading Desks to finalize the due diligence scopes and timelines (inclusive of coordinating with Sellers, preparing data files and diligence materials for third-party vendor partners)
  
  
  
  • Liaison between mortgage originators, GS mortgage trading desk, and GS banking team. Ensuring all parties needs are met and managing constant communication between counterparties
  
  


• Support due diligence transactions (e.g., credit underwriting, data integrity, collateral, origination regulatory compliance, etc.); to ensure due diligence meets agreed upon timelines


• Collaborate with internal diligence teams to obtain third-party vendor partner bids; Statement of Works (SOW) and engage/monitor third-party vendor partners


• Work closely with the internal diligence teams to identify and document loan level conditions/exceptions; assist with determining resolutions/potential cures


• Assist to maintain accurate reporting of loan level conditions, exceptions and data reconciliation to maintain data integrity


• Support tie-out of final diligence processes, applicable checklist(s) and deal expenses and ensure all final settlement activities/data are accurately uploaded to internal databases


• May assist with performing comparative (gap) analyses on underwriting guidelines and counterparty's reps and warranties


• Assist in updating departmental procedures and process documentation
  

Qualifications

• Minimum 1 year in residential mortgage loan industry, with a familiarity of various mortgage products pertaining to residential mortgage assets


• Possess excellent time management and organizational skills with a keen eye toward attention to detail


• Must have ability to function in a fast-paced environment, manage deadlines with minimum supervision


• Ability to organize, analyze and interpret legal and compliance related materials


• Strong communicator with good judgment, and sound problem-solving skills


• Advanced proficiencies in MS Excel


• SQL proficiency, Tableau, Python a plus


• Outstanding initiative, excellent communication and presentation skills (both verbal and written) to manage internal/external relationships


• Experience in coordinating internal/external clients, third-party vendor partners, other departmental and divisional teams, and senior managers


• Capital Markets experience a plus

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., 2023. 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.