The Goldman Sachs Group, Inc

AWM, Private Bank, Ultra High Net Worth Underwriter, Vice President- Dallas

The Goldman Sachs Group, Inc$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of experience in credit underwriting or related fields
  • Expertise in underwriting complex credit for ultra-high-net-worth clients
  • Strong skills in financial modeling and risk assessment across asset classes
  • Excellent communication skills for articulating complex concepts
  • Ability to manage multiple transactions with high attention to detail

Responsibilities

  • Lead the underwriting of bespoke credit transactions for high-net-worth clients
  • Conduct comprehensive credit analyses, including cash flow modeling and collateral valuation
  • Structure credit facilities that align client objectives with risk frameworks
  • Prepare high-quality approval packages for executive credit committees
  • Ensure compliance with credit policies and regulatory requirements
  • Identify and implement risk-mitigation strategies
  • Collaborate with various teams to drive seamless execution of transactions
  • Mentor junior staff on credit fundamentals and structuring

Benefits

  • Mentorship opportunities for career development
  • Exposure to complex financial products and diverse asset classes
  • Collaborative environment with cross-functional teams
  • Potential for advancement in a high-performance culture
  • Access to insights for continuous process improvement
Full Job Description
Job Description

Your Impact

The Underwriting Vice President serves as a senior credit professional responsible for leading the underwriting, structuring, and approval preparation of bespoke credit facilities for Private Bank clients. This role partners closely with Originators, Investor teams, Credit Executives, Risk, and Legal to deliver high-quality credit solutions while maintaining a disciplined risk posture.

The VP will oversee the end-to-end underwriting process for a complex and diverse loan portfolio-including secured, unsecured, real estate, marketable securities-based, aviation, art, partner capital, and specialty asset lending. This leader will mentor junior underwriters, refine credit standards, and help drive continuous process improvement within the underwriting platform.

Key Responsibilities

Credit Underwriting & Structuring
  • Lead underwriting of complex credit transactions, including bespoke and non-standard structures for ultra-high-net-worth clients, trusts, and family offices.
  • Conduct comprehensive credit analysis, including cash flow modeling, collateral valuation, stress testing, global exposure assessments, and risk rating recommendations
  • Structure credit facilities that align client objectives with prudent risk frameworks while ensuring feasibility, market competitiveness, and compliance with credit policies.
  • Prepare high-quality credit memos, approval packages, and portfolio monitoring updates for executive credit committees.

Risk Management & Governance
  • Ensure compliance with internal credit policies, regulatory requirements, and portfolio risk guidelines.
  • Identify emerging risks and implement risk-mitigation strategies across assigned portfolios.
  • Provide expert judgment on collateral types including marketable securities, alternatives, concentrated positions, real estate, and specialty assets.
  • Monitor ongoing financial performance, covenant compliance, collateral sufficiency, and overall credit health.

Strategic Partnership & Execution
  • Collaborate with Bankers, Capital Advisors, Investment Specialists, Risk, and Legal to drive seamless transaction execution.
  • Support product innovation and credit program enhancements by sharing underwriting insights and identifying process improvements.
  • Serve as a subject-matter expert on Private Bank lending products, credit structures, and policy interpretations.

Leadership & Team Development
  • Mentor Analysts and Associates, providing coaching on credit fundamentals, structuring, and communication.
  • Lead cross-functional workstreams and represent Underwriting in business initiatives, risk reviews, or policy discussions.
  • Help shape a high-performance culture grounded in credit excellence and client-centric delivery.


Qualifications

Required
  • 7-10 plus years of relevant experience in credit underwriting, commercial lending, private bank lending, corporate banking, or asset-based finance.
  • Demonstrated expertise underwriting complex credit transactions for ultra-high-net-worth clients or institutional-level borrowers.
  • Strong financial modeling, risk assessment, and collateral analysis skills across multiple asset classes.
  • Excellent written and verbal communication skills, with an ability to clearly articulate complex credit concepts to senior stakeholders.
  • Proven ability to manage multiple transactions simultaneously in a fast-paced environment with high attention to detail.

Preferred
  • Experience in private banking, wealth management lending, or UHNW relationship-driven credit organizations.
  • Familiarity with complex wealth structures (trusts, partnerships, family offices).
  • Advanced credentials such as MBA, CFA, or formal credit training program completion.

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.

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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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