Private Markets Valuation & Controls Associate

Goldman Sachs Bank AG; New York (NY); On-site; USD 85,000 - 140,000; Full time

Benefits offered by this job

Health insurance

Vacation policy with generous time off

On‑site health centers

Job summary

Goldman Sachs is seeking a high‑caliber Controller for the Asset & Wealth Management Private Product Control team in New York. The role focuses on valuation oversight, independent price verification, and reporting for illiquid private investments across private equity strategies.

You will collaborate with Operations, Risk, Fund Accounting, Legal, Compliance, and Engineering to ensure accurate valuation, reporting, and controls while supporting investor and regulatory reporting requirements.

Qualifications

• At least 3 years of relevant work experience.
• Bachelor’s Degree in Accounting, Economics or Finance preferred.

Responsibilities

• Support day‑to‑day reporting and month‑end / quarter‑end closing processes.
• Maintain books and records (PARA) of investment‑related transactions and supporting documentation.
• Handle P&L and balance sheet reporting and analyze key drivers/trends.
• Submit information for external footnote disclosures and regulatory filings for AWM’s alternative investment business.
• Respond to ad‑hoc requests from various divisions.
• Participate in initiatives focused on process improvement and automation.
• Perform illiquid equity valuation reviews across multiple asset classes.
• Prepare valuation materials and sensitivity analyses for senior stakeholders.
• Apply valuation approaches (Market, Income, NAV, hybrid).
• Conduct IPV and reasonableness assessments including third‑party materials review.
• Lead deal‑related reviews with AWM Finance and other control functions.

Skills

Illiquid valuation

Valuation analysis

Communication skills

Quantitative skills

Organizational skills

Excel

Education

Bachelor's degree in Accounting/Economics/Finance

Tools

Excel

PowerPoint

IgnitePad

Job description

COMPANY OVERVIEW

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We are expanding our footprint across different businesses and are looking to expand our team in New York. This is an exciting time to be joining our organization as the division is experiencing growth and expansion.

CONTROLLERS DIVISIONAL OVERVIEW

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. In the Controllers Department, our professionals measure the profitability of, and risks associated with, every aspect of the firm’s business. Controllers also ensure that the firm’s activities are conducted in compliance with the regulations governing transactions in the financial markets.

The successful candidate will join the Asset & Wealth Management (AWM) Private Product Control team, which is responsible for financial reporting, valuation oversight, and control functions for private equity strategies across the firm’s alternative investment platforms.

The role will support the valuation and independent price verification of illiquid private investments across various equity strategies, through analysis of valuation inputs, review of third‑party pricing, and preparation of valuation support for fair value reviews.

The candidate will work closely with cross‑functional teams including but not limited to Operations, Risk, Fund Accounting, Legal, Compliance, and Engineering to ensure accurate valuation, reporting, and controls, while supporting investor and regulatory reporting requirements.

PRINCIPAL RESPONSIBILITES

• Support day-to-day reporting and month-end / quarter-end closing processes for the team, such as:
• Maintain books and records (PARA) of investment-related transactions (P&L, purchases and sales and valuation adjustments) and of supporting documentation including reconciliations to the firm’s general ledger.
• Handle P&L and balance sheet reporting, including coordination with financial reporting and divisional reporting teams to analyze key drivers/trends in business performance.
• Perform the submission of information used in the firm’s external footnote disclosures and regulatory filings related to AWM’s alternative investment business.
• Respond to ad-hoc requests from various divisions and departments across the firm.
• Participate in teamwide and firmwide strategic initiatives focused on process improvement and automation to drive collaboration across stakeholders.
• Perform illiquid equity valuation reviews across multiple alternative asset classes and strategies, including growth equity, private equity, infrastructure equity, and other equity strategies.
• Prepare valuation materials and sensitivity analyses, including presentations to senior stakeholders in Controllers and AWM.
• Apply various valuation approaches in analysis including Market approach (public comps, precedent transactions, index proxies), Income approach (DCF, scenario‑based analyses), Net asset value and hybrid methodologies, where applicable.
• Conductindependent price verification (IPV)and reasonableness assessments, including review of third‑party valuation materials, internal deal team assumptions, and market‑driven benchmarks
• Perform deal‑related reviews by leading coordination efforts with AWM Finance, Accounting Policy, Regulatory Policy, Legal, Tax, ACMS other control functions to assess accounting treatment, valuation considerations, and disclosure impacts at the Golman group level.

BASIC QUALIFICATIONS:

• At least 3 years of relevant work experience
• Bachelors Degree (Accounting, Economics or Finance degree preferred)

PREFERRED QUALIFICATIONS:

• CPA or CFA preferred, but not required
• Strong quantitative, analytical and organizational skills
• Prior experience performing illiquid valuation analysis is preferred. Experience in relevant roles is a plus.
• Prior experience with private equity or alternative investment products is preferred
• Public and/or Private accounting experience preferred
• Excellent interpersonal and communication skill: the ability to clearly articulate ideas and interact with various teams across the firm
• Highly motivated and adaptable: the ability to work on a global team of diverse individuals
• Proactive: the ability to respond creatively and quickly in a fast-paced, high-pressure, changing environment
• Accurate and detail-oriented with sound judgment and integrity
• Keen interest in financial markets
• Knowledge of desktop applications (Excel, IgnitePad, PowerPoint)

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

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Salary Range
The expected base salary for this New York, NY, 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 availableto active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.