The Goldman Sachs Group, Inc

Controllers, Private Valuation Oversight, Associate, Jersey City

The Goldman Sachs Group, Inc$85K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in Finance/Accounting; CPA/CFA or MBA preferred
  • 4-6 years of relevant work experience (public and/or private)
  • Knowledge of Private Equity and Private Debt valuations
  • Strong understanding of WACC, CAPM, and Contingent Claims Analysis
  • Thorough understanding of Fixed Income and Equities markets
  • Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
  • Strong interpersonal skills with experience communicating with senior management

Responsibilities

  • Oversee quarterly valuation process for private debt and equity positions
  • Participate in independent third-party valuation processes
  • Engage in external/internal audit reviews
  • Handle investor and regulatory reporting including MD&A disclosures
  • Prepare valuation committee presentations
  • Interact daily with portfolio managers and Fund Accounting & Operations
  • Understand SOX 404 framework and document evidence of key controls

Benefits

  • Comprehensive health and wellness offerings
  • Competitive benefits package
  • Support for employee education and development
  • Opportunities for discretionary bonuses
  • Programs promoting work-life balance and employee well-being
Full Job Description
Job Description

Job Summary:

The successful candidate will work within the AWM (Asset & Wealth Management). Public Product Control team, which is responsible for oversight of private debt and equity valuation covering $23bn market value within the growing Private Credit Group and Business Development Company ("BDC") platform.

They will be responsible for the price verification of private investments; primarily private debt. They will interact with Controller's management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations. They will be responsible for investor and regulatory reporting.

Principal Responsibilities:
  • Responsible for oversight of quarterly valuation process for private debt and equity positions, including financials statement analysis, yield analysis and discounted cash flow and market approaches
  • Involvement in independent third-party valuation processes
  • Involvement in external/internal Audit review process
  • Responsible for investor and regulatory reporting including MD&A disclosures for financial statements
  • Responsible for valuation committee presentations
  • Daily interaction with portfolio managers, Fund Accounting & Operations
  • Understand SOX 404 framework and document supporting evidence of key SOX controls to ensure correct levels of control and independence are in place
  • Develop a broad understanding of credit markets and the BDC industry

Qualifications:
  • Degree in Finance / Accounting, CPA/CFA or MBA preferred
  • 4-6 years relevant work experience (public and/or private)
  • Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.
  • Strong understanding of WACC, CAPM and Contingent Claims Analysis models
  • Strong understanding of Fixed Income and Equities markets and the alternative investment management industry
  • Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
  • Strong understanding of valuation accounting disclosures
  • Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers
  • Ability to work within a team environment
  • Strong analytical and organizational skills
  • Results driven and great multitasking skills


Salary Range
The expected base salary for this Jersey City, NJ, United States-based position is $85000-$140000. 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.

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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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