Realty Management Division, Portfolio Management, Analyst, Irving

US-TX-Irving
Job ID
2018-41639
Schedule Type
Full Time
Level
Analyst
Function(s)
General
Americas
Division
Realty Management Division
Portfolio Analytics
Employment Type
Employee

MORE ABOUT THIS JOB

Realty Management

 

The Realty Management Division (RMD) plays an integral role in supporting the firm’s real estate investing strategy by providing investment and asset management services globally in the real estate market, partnering with other divisions in the firm to deliver results wherever Goldman Sachs has an interest. RMD serves as an extension to revenue divisions by providing services such as sourcing, acquisition, underwriting and due diligence of distressed and performing real estate and loan assets, asset management, portfolio management and disposition across various property types including office, multi-family, retail and hotel. Our division also manages residential loan portfolios and warehouse repo lines across auto, student, and consumer asset classes while providing structure, pricing and collateral analysis support. We look for individuals who are passionate about real estate and finance, have strong problem solving and analytical skills, and are great communicators who are eager to make an impact.

 

Portfolio Management is a business unit within the Realty Management Division (RMD) of Goldman Sachs in the Irving, Texas (Dallas) office.

 

Portfolio Management engages in (1) certain debt related sourcing efforts, (2) ongoing management of lenders and loan agreements, (3) oversight of strategic partner relationships, (4) investment and fund level reporting, specifically with a focus on performance, (5)investment structuring and closing, (6) asset and debt valuations, (7) management of fund and investment liquidity, and (8) investor level reporting.

 

Investment Management currently services the Merchant Banking Division, Special Situations Group and Goldman Sachs Asset Management Division.

 

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities:

  • Input, run and analyze business plan models for determination of quarterly and semi-annual valuations and performance.
  • Interface with business units on frequent basis to discuss investment performance and manage business issues. Interact with RMD Asset Management, Legal, Tax, Closing, MBD Fund Management group on structuring of investments and closing of new deals.
  • Manage Fund level debt facilities and participate in the upsize and syndication of active credit facilities. Assist with drawing funds from credit facilities to source new acquisitions. Help manage ongoing lender relationships associated with facilities.
  • Coordinate quarterly and semi-annual business plan and valuation process for divisions with GS investing in real estate and reporting results to the business unit and Controllers.
  • Calculate and analyze performance returns on a quarterly basis and oversee the reporting of specific returns to a third party for composite tracking.
  • Support ongoing fund and investment level reporting and ad hoc reporting for local and NY business units
  • Valuation/modeling experience, preferably in real estate
  • Accounting background from public accounting (Big 4) – client focused
  • Familiar working with big data; SQL skills

Basic Qualifications:

  • Bachelor’s degree from a four year college or university
  • 1 -2 years of experience in real estate portfolios, with preference for previous portfolio management experience
  • Strong working knowledge of Microsoft Excel
  • Ability to work in a fast-paced and challenging environment
  • Strong project management skills

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.