Global Banking & Markets - Private - Dallas - Associate / Analyst - Private Equity Capital Call (PECC)

GLOBAL BANKING AND MARKETS

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.

PRIVATE MARKETS INVESTING AND LENDING GROUP

The Private Markets Investing and Lending (PMIL) group deploys the firm's balance sheet across a full suite of structured financing and risk management solutions across the private markets ecosystems. The Private Equity Capital Call (PECC) team provides innovative fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund's limited partners. The team, and broader group, are an integral part of Goldman Sachs' newly established Capital Solutions Group (CSG), which consolidates the firm's capabilities in financing, origination, structuring, and risk management.

Responsibilities And Qualifications

Goldman Sachs' PECC business, established in 2012, is supported by a 10+ person deal team. The PECC Team operates in the Americas, EMEA and Asia, has team members in New York, Chicago, London, and Dallas and works closely with colleagues across all divisions of the firm (e.g., Global Banking & Markets, Asset Management, and more). The team is currently seeking an Analyst/Associate based in Dallas.

Responsibilities

• Work closely with the PECC Team, and other teams within CSG, to advise and develop credit solutions within the Firm's risk parameters
• Diligence private equity fund and sponsor track records, financials, PPMs, and LPAs across various strategies (e.g., buyout, real estate, infrastructure, etc.)
• Build and maintain borrowing base certificates and financial models/spreads
• Gather and analyze Limited Partner financial statements, subscription documentation, and credit data to support underwriting decisions and assess risk profiles
• Evaluate the credit implications of complex structured loans
• Draft committee memos for loan originations, modifications, and other ad-hoc transactions
• Perform ongoing regulatory compliance efforts

Qualifications

• Strong desire to work within the private equity/fund finance industry
• Relevant work experience preferred (e.g., underwriting, lending, commercial banking, private banking, investment banking, investor relations, private equity, and/or credit roles)
• Detailed knowledge of financial accounting and/or financial analysis
• People/project management skills, and a strong attention to detail
• Excellent written and verbal communication skills
• Ability to work under pressure and meet deadlines
• Ability to work flexibly, as a part of multiple teams, and autonomously
• Ability to juggle changing priorities and a varied workload