Goldman Sachs
Global Markets, Loan Management, Trade Analytics - Dallas
Goldman Sachs, Dallas, Texas, United States, 75215
MORE ABOUT THIS JOB:
GLOBAL MARKETSOur 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.RESPONSIBILITIES AND QUALIFICATIONS:The Loan Management team is a business unit within the Global Markets division, primarily supporting the Mortgage Loan Trading and Structured Finance desks. The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities. The Loan Management team has product expertise across mortgages, consumer loans, real estate and warehouse financing.Loan Management is seeking a motivated professional to support Global Markets Mortgage Loan Trading and Banking trades. The successful candidate will be responsible for the analysis of performing and non-performing loan acquisitions, sales, securitizations, P&L reporting, and back-testing.
ResponsibilitiesWork with the trading desk on various stages of potential non-performing, re-performing loan and new originations bids (NPL/RPL/ New Origination), normalize and load loan level data into internal databases, analyze and stratify pools, determine appropriate modeling assumptions, run analytics and produce bid packets and investment committee memosInteract with the Mortgage Banking team on deal securitizations to produce analytics, schedules for the governing documents, accurate loan level data, and work with transaction managers on diligence itemsWork with the desk on monthly marking of residential mortgage warehouse positionsCollaborate with transaction managers and due diligence teams to ensure all post-bid activities data related to final settlement of awarded bids are accurately reflected in the systemsProvide thoughtful monthly quantitative analysis on the key drivers of portfolio performance and recommend actionable strategies to asset managers and the trading deskProduce detailed monthly reports on P&L, returns, cash flows and collateral performance of the loan portfolio across multiple portfoliosConduct a periodic model back-testing on the existing portfolio and recommend modeling assumptions adjustments to the trading deskCollaborate across internal teams (Data Management,Operations, Technology, and Modeling) to ensure the quality of data, accurate cash processing, and validate modeling assumptionsQualificationsStrong Academic Background - Finance, Accounting, Math, or Engineering with a min 3.2 GPASuperior analytical skills and attention to detailStrong communication skills (clear, concise, and confident) with the ability to manage internal and external relationshipsMust know or be able to learn Microsoft Excel at an advanced levelTechnical Skills including SQL, Tableau a plusAbility to work under tight time constraints and extended hours as required
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.
Were 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
The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
GLOBAL MARKETSOur 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.RESPONSIBILITIES AND QUALIFICATIONS:The Loan Management team is a business unit within the Global Markets division, primarily supporting the Mortgage Loan Trading and Structured Finance desks. The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities. The Loan Management team has product expertise across mortgages, consumer loans, real estate and warehouse financing.Loan Management is seeking a motivated professional to support Global Markets Mortgage Loan Trading and Banking trades. The successful candidate will be responsible for the analysis of performing and non-performing loan acquisitions, sales, securitizations, P&L reporting, and back-testing.
ResponsibilitiesWork with the trading desk on various stages of potential non-performing, re-performing loan and new originations bids (NPL/RPL/ New Origination), normalize and load loan level data into internal databases, analyze and stratify pools, determine appropriate modeling assumptions, run analytics and produce bid packets and investment committee memosInteract with the Mortgage Banking team on deal securitizations to produce analytics, schedules for the governing documents, accurate loan level data, and work with transaction managers on diligence itemsWork with the desk on monthly marking of residential mortgage warehouse positionsCollaborate with transaction managers and due diligence teams to ensure all post-bid activities data related to final settlement of awarded bids are accurately reflected in the systemsProvide thoughtful monthly quantitative analysis on the key drivers of portfolio performance and recommend actionable strategies to asset managers and the trading deskProduce detailed monthly reports on P&L, returns, cash flows and collateral performance of the loan portfolio across multiple portfoliosConduct a periodic model back-testing on the existing portfolio and recommend modeling assumptions adjustments to the trading deskCollaborate across internal teams (Data Management,Operations, Technology, and Modeling) to ensure the quality of data, accurate cash processing, and validate modeling assumptionsQualificationsStrong Academic Background - Finance, Accounting, Math, or Engineering with a min 3.2 GPASuperior analytical skills and attention to detailStrong communication skills (clear, concise, and confident) with the ability to manage internal and external relationshipsMust know or be able to learn Microsoft Excel at an advanced levelTechnical Skills including SQL, Tableau a plusAbility to work under tight time constraints and extended hours as required
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.
Were 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
The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity