CIMD, Credit Alternatives, Renewable Power Group, Tax Equity and Debt Structuring, Analyst

Location(s) US-FL-West Palm Beach
Job ID
2020-64339
Schedule Type
Full Time
Level
Analyst
Function(s)
Accounting
Region
Americas
Division
Consumer and Investment Management Division
Business Unit
GSAM Credit Alternatives
Employment Type
Employee

MORE ABOUT THIS JOB

CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)

The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

 

GSAM

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

 

OUR IMPACT

 

The Renewable Power Group (“RPG") is a rapidly growing team which invests client capital in clean energy assets, including solar, storage and wind. The team sits within Goldman Sachs Asset Management (“GSAM”) Credit Alternatives, a boutique investment platform with greater than $10 billion of investable capital. RPG benefits from an experienced team of industry veterans and significant financial backing which has resulted in meaningful growth since the team was founded in 2017. We have long term plans to be among the world’s largest owners and operators of clean energy assets.

 

Role and Responsibilities:

  • Performs the detail work of tax equity and debt structuring across the platform for existing tax equity programs
  • Works closely with both internal and external parties to facilitate the accurate and timely closing of each transaction. Direct collaboration with financing counterparties, independent engineers, developers, insurers, appraisers, and consultants
  • Supports the negotiation of complex financial documents through analysis of various terms within many different agreements
  • Measures the impact of proposed financial terms, run sensitivities of financial models accounting for all perceived risks, and provide language to legal agreements that accurately reflects the transaction
  • Must have understanding of how cash moves between legal entities and understand the potential tax consequences that result
  • Completes special projects as needed with FP&A and the Investment Team

Skills and Experience

  • Self-starter
  • Understanding of tax equity investments, GAAP accounting concepts, tax capital accounts, and investment basis a plus
  • BA/BS degree required, preferably in Finance, Economics, or a similarly quantitative / analytical field
  • 1-2 years of project finance, renewable energy or tax equity experience desired

 

RESPONSIBILITIES AND QUALIFICATIONS

CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)

The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

 

GSAM

Goldman Sachs Asset Management (GSAM) is one of the world’s leading investment managers. GSAM provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies.  We help our clients navigate today’s dynamic markets, and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices.

 

OUR IMPACT

 

The Renewable Power Group (“RPG") is a rapidly growing team which invests client capital in clean energy assets, including solar, storage and wind. The team sits within Goldman Sachs Asset Management (“GSAM”) Credit Alternatives, a boutique investment platform with greater than $10 billion of investable capital. RPG benefits from an experienced team of industry veterans and significant financial backing which has resulted in meaningful growth since the team was founded in 2017. We have long term plans to be among the world’s largest owners and operators of clean energy assets.

 

Role and Responsibilities:

  • Performs the detail work of tax equity and debt structuring across the platform for existing tax equity programs
  • Works closely with both internal and external parties to facilitate the accurate and timely closing of each transaction. Direct collaboration with financing counterparties, independent engineers, developers, insurers, appraisers, and consultants
  • Supports the negotiation of complex financial documents through analysis of various terms within many different agreements
  • Measures the impact of proposed financial terms, run sensitivities of financial models accounting for all perceived risks, and provide language to legal agreements that accurately reflects the transaction
  • Must have understanding of how cash moves between legal entities and understand the potential tax consequences that result
  • Completes special projects as needed with FP&A and the Investment Team

Skills and Experience

  • Self-starter
  • Understanding of tax equity investments, GAAP accounting concepts, tax capital accounts, and investment basis a plus
  • BA/BS degree required, preferably in Finance, Economics, or a similarly quantitative / analytical field
  • 1-2 years of project finance, renewable energy or tax equity experience desired

 

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



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity