At a Glance
- Tasks: Underwrite commercial real estate loans and conduct in-depth market research.
- Company: Goldman Sachs, a leader in global finance and advisory services.
- Benefits: Competitive salary, generous vacation, health support, and fitness reimbursements.
- Other info: Diverse workplace with excellent growth opportunities and a commitment to inclusion.
- Why this job: Join a dynamic team and make an impact in commercial real estate financing.
- Qualifications: Bachelor’s degree and 2-4 years in underwriting or closing loans.
The predicted salary is between 50000 - 70000 £ per year.
Goldman Sachs operates at the fulcrum of one of the most important structural trends in finance: the convergence of public and private markets. We combine the #1 global advisory franchise, a leading origination business, and an investing platform that deploys capital across liquid and alternative asset classes.
Our Capital Solutions Group is a comprehensive suite of our financing, origination, structuring, and risk management solutions. The depth and breadth of our relationships, enriched by the velocity of our deal flow, provide clients unique insights to maximize value and unlock opportunity. Our integrated structure is built to provide comprehensive, tailored solutions that propel both our issuing and investing clients forward.
The Real Estate Financing Group (REFG) within Capital Solutions Group is a leader in commercial real estate lending. REFG’s Originations team is responsible for the sourcing, underwriting, and execution of securitized and balance sheet lending on commercial real estate assets and is looking for an experienced Associate to join the team.
Responsibilities
- Underwrite commercial real estate mortgage loans across all property types (e.g., industrial, multifamily, office, retail, hospitality, data centers, and specialty) for both the CMBS business and the bank’s own balance sheet.
- Perform in-depth property, market, sector, and borrower due diligence and research.
- Model cash flows and conduct valuation analyses on commercial real estate assets across property types and geographies.
- Contribute to all aspects of loan origination, from initial underwriting to loan closing to deal distribution.
- Prepare materials and memos for client discussions, deal evaluation, internal committees, and deal distribution.
- Coordinate with REFG’s Credit, Capital Markets, and Securitization teams as well as external parties such as due diligence providers, consultants, and legal counsel throughout the loan execution process.
Qualifications
- Bachelor’s degree and 2-4 years of work experience, ideally in underwriting and closing CMBS and/or CRE balance sheet loans.
- Track record of academic achievement.
- Strong modeling and analytical skills; experience with Argus is not required.
- Strong interpersonal and communication skills and ability to collaborate effectively with both internal and external audiences.
- Ability to work in a fast-paced, dynamic environment and manage multiple transactions under deadlines.
- Strong work ethic, attention to detail, and commitment to results.
Global Banking & Markets, Capital Solutions Group, Real Estate Financing, Associate, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets opportunity. With a strong commitment to diversity and inclusion, employees benefit from comprehensive professional growth opportunities, competitive vacation policies, and a suite of health and wellness programmes designed to support both personal and professional development. The Capital Solutions Group fosters collaboration and provides unique insights into the real estate financing sector, making it an ideal place for ambitious individuals looking to make a meaningful impact in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Global Banking & Markets, Capital Solutions Group, Real Estate Financing, Associate, London
✨Tap into Campus Networks
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We think you need these skills to ace Global Banking & Markets, Capital Solutions Group, Real Estate Financing, Associate, London
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs Group, Inc..
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How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs Group, Inc..
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs Group, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs Group, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
