At a Glance
- Tasks: Join our team as an Associate, driving fund financing and client engagement.
- Company: Goldman Sachs is a leading global financial institution known for innovation and teamwork.
- Benefits: Enjoy competitive vacation policies, health insurance, fitness reimbursements, and family care support.
- Why this job: Gain unique exposure to private markets while working in a dynamic, collaborative environment.
- Qualifications: 3+ years in lending or finance, strong communication skills, and a proactive mindset required.
- Other info: Opportunity to work with cutting-edge technologies in a rapidly growing division.
The predicted salary is between 43200 - 72000 £ per year.
Global Banking & Markets, Capital Solutions Group, Fund Financing, Origination and Capital Markets, Associate, London location_on London, Greater London, England, United Kingdom
The Capital Solutions Group (CSG) is a dynamic and rapidly growing division within Goldman Sachs, created to deliver comprehensive financing, origination, structuring, and risk management solutions to corporate and investor clients. CSG is at the forefront of adopting cutting-edge technologies to solve complex business challenges, particularly in the realm of alternative investments and private credit. As part of the \”One Goldman Sachs\” initiative, CSG leverages the firm\’s market-leading advisory franchise and deep origination business to provide seamless, connected, and comprehensive coverage to our private equity and private credit clients, while offering the best possible suite of financing options to our issuing clients.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.
EMEA Fund Financing Associate
Goldman Sachs is a leading global financial institution, and our Fund Financing business is an integral part of our private markets advisory, lending, and servicing ecosystem. We deploy the Firm’s balance sheet and structure capital markets solutions across the private markets ecosystem. The Fund Financing team provides innovative fund-level financing, including capital call/subscription facilities, asset-based loans collateralized by fund assets (including Private Equity, Private Credit, Infra and other illiquid collateral), hybrid facilities, single asset solutions, CV financings, and GP solutions including rated feeders / CFOs, and USPP issuance.
Our global Fund Finance business operates across the Americas, EMEA, and Asia, with team members in London, New York, Chicago, Dallas, and Bengaluru. We work closely with colleagues across Goldman Sachs’ Global Banking and Asset & Wealth Management divisions. We are currently seeking a highly motivated Associate to join our EMEA business, based in London.
The Fund Finance business sits within the newly formalized Capital Solutions Group, giving the candidate an opportunity to work alongside the investing team, gaining a unique exposure to the full spectrum of GS Fund Financing market leading offering.
Responsibilities
As an Associate in the Fund Finance Origination team, you will be pivotal in driving the execution of financings throughout the full lifecycle of a fund. You will work closely with senior originators as part of the coverage team for our private equity, secondaries, private credit, real estate, and infrastructure clients. You will also interact with other teams within the Capital Solutions Group such as Hedging and, as well as M&A teams. Your responsibilities will include:
- Client Engagement: Contributing to the origination and coverage efforts for a diverse portfolio of private markets clients. This includes prospecting of new clients, as well as ongoing management of existing client relationships.
- Transaction Execution: Quarterbacking the deal process both internally and externally, ensuring seamless coordination and execution.
- Stakeholder Coordination: Effectively managing relationships and processes with a variety of GS teams including legal, KYC, structuring, and execution teams, as well as maintaining ongoing management of the Borrower experience.
- Structuring & Innovation: Leveraging your experience in structuring and executing transactions to facilitate the underwrite of deals and innovative solutions for Clients.
Qualifications
We are looking for a proactive and experienced professional with a strong understanding of fund finance and secured lending principles. Top candidates will possess:
- Experience: 3+ years of relevant work experience in lending, underwriting, credit, or portfolio management, with a solid foundational understanding of Fund Finance.
- Communication & Collaboration: Excellent communication skills and a proactive commitment to teamwork and client service. Proactivity and a solutions-oriented mindset are a must.
- Financial Acumen: Strong knowledge of financial accounting, financial analysis, and the principles of secured lending.
- Market Understanding: Understanding of the legal structures and documents involved in private markets’ investment funds, coupled with an awareness of the risks associated with lending to those funds.
- Project Management: Proven transaction and project management skills, specifically experience managing fund finance transactions.
- Technical Proficiency: Advanced Microsoft Office skillset (Word, Excel, and PowerPoint).
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.
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Banker - Financing Group employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banker - Financing Group
✨Tip Number 1
Familiarise yourself with the latest trends in fund financing and private equity. Understanding the current market dynamics will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance sector, especially those working in fund financing or related fields. Attend industry events or webinars to make connections that could provide insights or referrals for your application.
✨Tip Number 3
Prepare to discuss specific examples of your experience in managing client relationships and executing transactions. Being able to articulate your past successes will set you apart from other candidates.
✨Tip Number 4
Research Goldman Sachs' Capital Solutions Group and its recent projects. Showing that you understand their operations and how you can contribute will impress interviewers and highlight your enthusiasm for the position.
We think you need these skills to ace Banker - Financing Group
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in fund finance, secured lending, and project management. Use specific examples that demonstrate your skills in communication, collaboration, and financial acumen.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Goldman Sachs' Capital Solutions Group and how your background aligns with the responsibilities of the Associate role. Be sure to express your enthusiasm for working in a team-oriented environment.
Highlight Relevant Skills: In your application, emphasise your technical proficiency, particularly with Microsoft Office tools. Mention any experience you have with financial analysis and understanding legal structures in private markets.
Showcase Your Proactivity: Demonstrate your proactive approach by providing examples of how you've successfully managed client relationships or executed transactions in previous roles. This will align well with the expectations for the Associate position.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Understand Fund Finance Fundamentals
Make sure you have a solid grasp of fund finance and secured lending principles. Brush up on your knowledge of capital call facilities, asset-based loans, and the legal structures involved in private markets investment funds. This will help you answer technical questions confidently.
✨Showcase Your Communication Skills
As an Associate, you'll need to engage with clients and collaborate with various teams. Prepare examples that demonstrate your excellent communication skills and your proactive approach to teamwork. Highlight any experiences where you've successfully managed client relationships.
✨Demonstrate Project Management Experience
Be ready to discuss your transaction and project management skills. Share specific examples of how you've quarterbacked deal processes, coordinated with stakeholders, and ensured seamless execution. This will show your ability to handle the responsibilities of the role.
✨Research Goldman Sachs' Culture
Familiarise yourself with Goldman Sachs' culture of teamwork, innovation, and meritocracy. Be prepared to discuss how your values align with theirs and how you can contribute to their collaborative environment. This will help you stand out as a candidate who fits well within their team.