AWM, Private Bank, Finance, Capital & Funding Management, Analyst, Dallas

Wealth Management

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.

Goldman Sachs Private Bank

Goldman Sachs Private Bank provides competitive borrowing and cash management solutions from Goldman Sachs Bank USA that are strategically integrated with our client's wealth management goals. Our experienced team partners with PWAs to advise clients on new loans, refinancing and restructuring of existing loans along with overall liability management. Our lenders and mortgage specialists provide a wide range of creative borrowing solutions against asset classes ranging from marketable securities and alternative investments, residential and commercial real estate to more tailored solutions against private assets such as aviation, fine art or vineyards. All team members are employees of Goldman Sachs Bank, USA.

TEAM & ROLE OVERVIEW

The Capital and Funding team is primarily responsibility for efficiently managing the financial resources of the Private Bank Lending business.

Principal Responsibilities - Franchise Management

• Profitability management & reporting in conjunction with broader Wealth Management Finance team. Monitoring of risk limits, balance sheet management and capital planning
• Forecast capital requirements, balance sheet, and top line revenues to be used in business planning and stress testing by firm management
• Support Lenders to drive products' strategic initiatives, including new product launches, via data analysis, financial modeling, and presentation preparation
• Own the risk integrity of loan book including origination, servicing, and portfolio management by coordinating across underwriters, operations, and other internal stakeholders (e.g., Controllers and Risk)
• Provide transaction support where needed to help structure new transactions efficiently with consideration of entity, liquidity, capital, internal loan booking and funding processes and within relevant governance and controls frameworks
• Understand, monitor and support loan origination and funding process through the lifecycle of a loan
• Work as the face of the business when dealing with internal groups to help resolve issues related to Private Bank products

Principal Responsibilities - Resource Management

• Manage financial resources for private lending portfolio via active management of the credit pipeline to ensure the business is adequately funded. Make recommendations regarding funding sources to maximize revenues within liquidity risk tolerance, and identifying and executing process or structure adjustments to realize capital efficiencies
• Ensure the business operates within the governance and controls framework
• Manage ad hoc requests from senior management which including data management reporting, and ad-hoc presentations

EXPERIENCE & SKILLS REQUIRED

• Experience supporting financial services with a general understanding of leveraged finance, fixed income, or banking
• Excellent communication and interpersonal skills, with desire to work in a fast paced, high pressure, results driven environment.
• Ability to work on multiple tasks with a high attention to detail and flexible with hours.
• Strong financial, analytical and presentation skills, with working knowledge of multiple asset classes.

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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity