The Goldman Sachs Group, Inc

AWM | Private Bank | Ultra High Net Worth Credit Underwriter, Associate | Dallas

The Goldman Sachs Group, Inc$80K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or relevant experience
  • CPA or CFA preferred
  • 10+ years (Vice President) or 5+ years (Associate) in financial fields excluding mortgage or insurance underwriting
  • Experience in commercial banking or private banking underwriting/credit roles
  • Detailed knowledge of financial accounting, analysis, and modeling
  • Excellent oral and written communication skills
  • Strong project management and organizational abilities
  • Team-oriented, flexible, and self-motivated.

Responsibilities

  • Evaluate risks and economic impact of loan transactions
  • Collaborate with the Regional Lending Team to create client solutions
  • Maintain knowledge of Private Lending product suite
  • Document loan structure and credit analysis efficiently
  • Ensure loan documentation aligns with approved terms and risk assessments
  • Monitor compliance with covenant and collateral procedures
  • Maintain organized credit files and document exceptions
  • Communicate effectively with various teams and banking regulators.

Benefits

  • Diverse training and development opportunities
  • Firmwide networks for professional growth
  • Benefits that enhance wellness and personal finance
  • Programs focused on mindfulness and work-life balance
  • Commitment to diversity and inclusion in the workplace.
Full Job Description
Job Description

Your Impact

The Underwriting Associate plays a critical role in supporting the Private Bank's credit delivery model. Working closely with Senior Underwriters, Originators, Credit Executives, and Risk partners, the Associate is responsible for preparing underwriting analyses, drafting credit memos, legal document negotiation and coordinating transaction execution across a wide spectrum of lending solutions for ultra-high-net-worth individuals, families, and family offices.

This role blends financial analysis, credit judgment development, and cross-functional collaboration, providing a pathway to becoming a senior underwriter.

Key Responsibilities

Credit Analysis & Underwriting Support
  • Prepare detailed financial, cash flow, collateral, and global exposure analysis to support loan structuring.
  • Draft credit memos, including borrower profiles, financial summaries, collateral reviews, and risk considerations; present to capital committee in support of deals
  • Conduct due diligence on clients, financial statements, asset holdings, trust structures, illiquid investments, and marketable securities portfolios.
  • Support ongoing portfolio monitoring, including covenant tracking, liquidity reviews, and risk rating updates.

Transaction Execution
  • Partner with Underwriters, Bankers, and Legal to collect documentation, resolve open items, and facilitate timely credit approval.
  • Assist in the coordination of closing processes, internal approvals, and compliance checks.
  • Proactively track workflow status and ensure accurate data entry into credit systems.

Risk & Governance
  • Ensure adherence to internal credit policies, regulatory requirements, and audit standards.
  • Identify data gaps or potential risk issues and escalate appropriately.
  • Support periodic portfolio reviews and risk deep dives.

Collaboration & Communication
  • Work with cross-functional partners-including Capital Advisors, Investors, Trust & Estates, and Risk-to ensure cohesive credit execution.
  • Prepare presentation materials, borrower analyses, and ad-hoc reports for senior stakeholders.


Qualifications

Required
  • 3-6 years of experience in credit analysis, corporate banking, underwriting, private banking, or related financial services.
  • Strong financial statement, cash flow, and collateral analysis skills.
  • Excellent written communication and attention to detail.
  • Ability to handle multiple transactions in a fast-paced, high-volume environment.

Preferred
  • Experience supporting UHNW or institutional-level borrowers.
  • Familiarity with securities-based lending, corporate lending, real estate lending, or other asset-based structures.
  • Completion of a credit training program, CFA Level I, or similar.

Success Factors
  • Strong analytical rigor and willingness to learn.
  • Ability to collaborate effectively with partners within the Private Bank and more broadly across Goldman Sachs to deliver for clients of other firm divisions.
  • Ownership mindset and accountability for quality and accuracy.
  • Professional communication and client-focused execution.


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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