• Securities Division, Loan Management, Transaction Management, Analyst/Associate- Dallas

    Location(s) US-TX-Dallas
    Job ID
    2019-58735
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    Americas
    Division
    Securities
    Business Unit
    Loan Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    SECURITIES

    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.

    RESPONSIBILITIES AND QUALIFICATIONS

    The Loan Management team is a business unit within the Securities division, primarily supporting the Mortgage Loan Trading and Structured Finance desks.  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.

     

    Core Responsibilities:

    • Trade analytics and reporting
    • Trade and counterparty coordination
    • Perform due diligence and valuation work across asset classes
    • Asset Management of the loan portfolio strategies and performance

     

    RESPONSIBILITIES AND QUALIFICATIONS

     

    Loan Management is seeking an Analyst | Associate 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. Analyst will ensure completion of transaction closing requirements, and adherence to departmental, divisional and Firmwide policies.

     

    Responsibilities:

    • Collaborate with Transaction Manager(s),Trading Desks to finalize the due diligence scope, budget and timeline (inclusive of determining samples and preparing data files and diligence materials for third-party vendor partners)

    • Support due diligence transactions (e.g., credit underwriting, data integrity, collateral, valuation, title/tax/default servicing, origination regulatory compliance, etc.); 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
    • 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 3 years in residential mortgage loan originations or loan servicing, 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 self-confidence, good judgment, and sound problem solving skills
    • Advanced proficiencies in MS Excel
    • SQL proficiency a plus
    • Outstanding initiative, excellent communication and presentation skills (both verbal and written)
    • 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

    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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