• Merchant Banking Division, MBD Real Estate, Commercial Real Estate Asset Management, Vice President- Dallas

    Location(s) US-TX-Dallas
    Job ID
    2019-57872
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    General
    Region
    Americas
    Division
    Merchant Banking Division
    Business Unit
    MBD Business Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    MERCHANT BANKING

    The Goldman Sachs Merchant Banking Division (“MBD”) invests in corporate equity and debt, real estate equity and debt, growth equity and infrastructure worldwide. Consisting of over 900 professionals in 25 offices in 15 countries, our business operates on a global platform and we are one of the largest managers of private capital globally.

    RESPONSIBILITIES AND QUALIFICATIONS

    The MBD Real Estate Group is seeking to add a Vice President to its Commercial Real Estate Asset Management team in Dallas, TX.  This role will be focused on core, core-plus, and value-add real estate investment opportunities in the United States across office, industrial, and retail property types and invests primarily through commingled funds.  The team evaluates & manages commercial real estate investment opportunities across a range of geographies and risk profiles.

     

    Primary responsibilities will include managing a portfolio of 15+ commercial assets (core to value-add risk profiles) which includes business plan preparation and presentation, developing monthly cash flow projections, monthly and/or quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution, and ultimate disposition of real estate assets

     

    RESPONSIBILITIES AND QUALIFICATIONS

     

    Responsibilities

    • Primary responsibilities will include asset managing a portfolio of 15+ commercial real estate assets
    • Formulate and execute asset management strategies to maximize asset performance through knowledge of real estate markets and value-add strategies
    • Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits, negotiate commercial leases
    • Prepare and present business plans, including financial and asset performance data
    • Establish strategic goals for the asset including leasing and disposition strategy
    • Support the acquisition of real estate investment opportunities through due diligence and underwriting efforts
    • Review and analyze various asset reports from third parties, including monthly PMC operating reports, accounting files, CapEx projections and monthly Rent Rolls
    • Lead disposition efforts of real estate assets including contract negotiation, transaction management and closing
    • Work closely with internal stakeholders such as Finance, Compliance and Legal

    Basic Qualifications

    • Strong academic background - 4 year finance, real estate, accounting or math background preferred
    • 5+ years of real estate experience with a focus on asset management and transaction experience in multiple commercial real estate product types (office, industrial, etc.)
    • Effective management and leadership skills
    • Solid analytical/logical mindset and attention to detail
    • Strong written and verbal communication skills (clear, concise, and confident) with the ability to manage internal and external relationships
    • Must know MS Office Excel to an advanced level
    • Extensive experience utilizing ARGUS
    • Self-motivated
    • Ability to work both autonomously and in a team setting
    • Able to work under tight time constraints and extended hours as required

    ABOUT GOLDMAN SACHS

    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., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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