The Goldman Sachs Group, Inc

Asset & Wealth Management, Alternatives, Investment Grade Corporate Private Credit, Vice President - New York

The Goldman Sachs Group, Inc$150K — $300K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10+ years in private credit or direct lending; experience in complex transactions
  • Strong understanding of private credit industry trends and risks
  • Deep knowledge of capital structures and lending risk
  • Experience leading negotiation of financing documentation
  • Proven relationship-building skills with diverse stakeholders
  • Strong financial modeling and analytical abilities
  • Excellent verbal and written communication skills

Responsibilities

  • Lead end-to-end deal execution, structuring and documenting investments
  • Oversee due diligence and business analysis
  • Maintain comprehensive financial models
  • Source and evaluate investment opportunities and develop investment theses
  • Originate corporate credit opportunities through multiple channels
  • Communicate investment theses to internal stakeholders and committees
  • Drive commercial negotiations with borrowers and advisers
  • Collaborate with legal teams to close transactions
  • Manage existing portfolio positions with risk and legal teams
  • Contribute to platform expansion and potential new strategies
  • Represent Goldman Sachs in the market and support marketing initiatives
  • Mentor and oversee junior team members

Benefits

  • Comprehensive healthcare coverage
  • 401(k) retirement plan with company match
  • Generous paid time off and holidays
  • Access to professional development resources
  • Employee wellness programs
Full Job Description
Job Description

Asset & Wealth Management, Investment Grade Corporate Private Credit - Vice President - New York

INVESTMENT GRADE CORPORATE CREDIT

Goldman Sachs is seeking a Vice President to join our Investment Grade Corporate Private Credit ("IG Corp") team in the New York office.

Investment Grade Corporate Private Credit ("IG Corp") invests across corporate and infrastructure debt for global public and private companies with investment-grade profiles, with this role focused primarily on corporate credit opportunities.

The Vice President will play a central role across the investment lifecycle, including structuring, underwriting and executing transactions across a diverse set of sectors, delivering tailored financing solutions through comingled funds and separately managed accounts on behalf of pension and insurance clients.

The ideal candidate has 7-10+ years' full-time experience in private credit or direct lending at an investment bank or an asset manager, with a proven track record in sourcing, structuring, and underwriting transactions. We are looking for highly motivated individuals who are passionate about investing in a growing business and want to build a long-term career at Goldman Sachs.

Responsibilities
  • Leading and managing end-to-end deal execution across the investment lifecycle, including structuring, negotiating and documenting investments
  • Leading and engaging in all aspects of due diligence and business analysis
  • Understanding and maintaining comprehensive financial models
  • Sourcing and evaluating potential investment opportunities, developing investment theses and undertaking significant due diligence responsibilities
  • Originate corporate credit opportunities via direct issuer, sponsor and adviser relationships, private placements and internal and external partnerships
  • Communicating and defending investment theses and structures to internal stakeholders and committees, including relevant Investment Committees and credit risk teams
  • Owning and driving commercial negotiations with borrowers and advisers
  • Working with internal legal teams and external counsel to document and close transactions
  • Managing existing portfolio positions in close cooperation with risk and legal teams throughout the investment lifecycle
  • Contributing to platform expansion and potentially the introduction of new investment strategies
  • Represent Goldman Sach Alternatives in the market through industry engagement and support wider marketing and origination initiatives
  • Overseeing the work of junior members of the team, mentoring and training them

Qualifications
  • 7-10+ years of experience in private credit or direct lending; Proven track record of involvement in multiple complex transactions
  • Clear understanding of private credit industry, including key subsector trends, thematics, current dynamics and risks
  • Deep understanding of capital structures, lending risk and bespoke structuring
  • Experience leading the financing documentation negotiation process
  • Proven ability to interact and build relationships with a wide range of stakeholders
  • Strong quantitative, financial modelling, analytical and problem-solving skills
  • Excellent verbal and written communication skills
  • Flexible and creative mindset; ability to analyze a variety of industries, businesses and capital structures
  • Highly organized with exceptional attention to detail and excellent follow-through
  • Ability to self-direct, analyze, evaluate and form independent judgments
  • Ideal candidate is commercial, pragmatic and execution focused
  • Prior experience managing or mentoring junior team members

Salary Range

The expected base salary for this New York, New York, United States-based position is $150,000-$300,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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