GBM - Private Dept-Bengaluru-Analyst-CRE

About Goldman Sachs

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are 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 individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.

Global Banking & Markets
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

The Loan Management team is a business unit within the Global Markets Segment primarily supporting the Mortgage Loan Trading desk and Investment Banking’s Real Estate Finance Group. The team 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.

Candidate’s role will have key responsibilities in underwriting/managing /overseeing commercial real estate loans that GS has interest in.

General

• Work collaboratively to achieve department and firm objectives
• Develop and maintain market relationships with appropriate vendors and other industry participants
• Review loan level financings, appraisal review, and other activities that may require feedback from the debt originations or real estate finance groups
• Present potential decisions’ impact on assets and asset performance to senior leadership

Asset Management

• Oversee and/or directly manage a diverse portfolio of commercial real estate loans.
• Reviewing legal documentation, financial models, business plans, covenants to assess the loan and asset level risk.
• Experience interacting with property managers, third party vendors, borrowers and law firms
• Experience in Rockport and Excel cash flow modeling/forecasting in conjunction with the use of market sale and rent comps to determine real estate values across a variety of property types: multifamily, hospitality, retail, industrial, office, self-storage, senior living, etc.
• Monitoring business plan performance and making tactical and strategic recommendations, as appropriate.

Analysis & Reporting

• Coordinate due diligence documents with clients, vendors and legal for review.
• Coordinate the loan pledges and risk rating/credit analysis for obtaining internal approvals
• Ongoing monitoring of the asset and loan performance, preparing asset summary reports and internal business plan presentations, valuation analysis, market analysis.
• Managing client relationships and interacting with property managers, legal counsel, servicers, co-lenders, institutional borrowers, etc. to ensure smooth / high quality execution/monitoring of CRE deals
• Manage and create data related quality control checks for internal databases and provide resolution through analytic research.

Underwriting

• Perform valuation analyses and due diligence related activities
• Track and forecast operating cash flows from real estate assets using a combination of market data, property specific operating norms, actual performance data and GS specific standards required to evaluate, pursue, and close debt investment opportunities.
• Coordination of internal and external resources to analyze investments opportunities

Basic Qualifications

• Minimum 2 to 4 years of experience in originating/underwriting CRE loans and/or managing performing/distressed assets
• Experience valuing multiple commercial real estate product types
• Proficiency in Excel, PowerPoint and Word
• Strong academic background

Preferred Qualifications

• Excellent quantitative, verbal and written communication skills
• Self-motivated, ability to work both autonomously and in a team setting
• Solid analytical/logical mindset and attention to detail
• Strong sense of accountability and dedication to continuous improvement
• Ability to work under pressure and meet deadlines ensuring high quality output

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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html

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Goldman Sachs is an equal employment/affirmative action employer