The Goldman Sachs Group, Inc

Global Banking & Markets - Capital Solutions Group - Residential Structured Finance - Origination Focused - Vice President

The Goldman Sachs Group, Inc$125K — $250K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 8-10+ years of non-agency Residential Mortgage-Backed Securities experience or related experience.
  • Structured products expertise and in-depth knowledge of fixed income markets.
  • Proficient in financial modeling, specifically for deal structure and cash flow waterfall models.
  • Experience with Intex and Bloomberg platforms.
  • Strong evaluation skills for non-agency mortgage-backed securities.
  • Ability to communicate effectively and work efficiently under pressure.
  • Proactive and enthusiastic team player focused on driving transactions and projects.

Responsibilities

  • Engage actively with clients, sourcing new opportunities and executing live deals.
  • Conduct thorough due diligence on warehouse and term financings, securitizations, and investment opportunities.
  • Structure securitizations across varied non-agency collateral sectors for principal and third-party transactions.
  • Prepare term sheets and ensure the accuracy of securitization-related documents.
  • Collaborate on product development by monitoring market developments and innovating financing structures.
  • Develop financial models in support of transaction execution and investor interactions.
  • Maintain effective communication with external clients, investors, and internal teams regarding transactions.

Benefits

  • Opportunity to work in a high-velocity environment with rich deal flow and diverse product offerings.
  • Collaborative culture with cross-functional teamwork across various segments like Sales, Trading, and Investment Banking.
  • Engagement in client-facing roles, allowing for direct influence on business transactions.
  • Exposure to unique financing solutions, innovative product development, and advisory assignments.
  • Potential for professional growth through participation in strategic client meetings and industry events.
Full Job Description
Job Description

The Residential Structured Finance business focuses on originating and executing a variety of residential mortgage transactions, such as securitizations on behalf of clients as well as Goldman Sachs, advisory assignments, warehouse and term financing, and whole loan principalling. The business operates across the broad spectrum of products / asset classes within housing and mortgage finance. The role will involve the sourcing, structuring, and marketing of securitizations, warehouse and term financings, principal transactions, and advisory assignments.

Scope of Role:
  • Active client engagement on an ongoing basis including sourcing new opportunities, execution of live deals, and managing client relationships.
  • Structure and execute mortgage finance transactions, including negotiation of terms and the review of deal documentation
  • Perform due diligence on transactions including market research, on-site evaluation, analytical risk-based modeling and asset valuation work, and assessment of legal, regulatory compliance and other risks.
  • Product development - Collaborate to monitor market developments and devise novel and unique features to optimize securitization and bilateral financing structures; understanding the implication of and solving regulatory, structural and market challenges
  • Model and research development - Work to develop financial models in support of transaction execution, rating agency interactions and investor dialogue
  • Communication - Ability to interact with external clients, investors, rating agencies, accountants, other deal parties and internal teams regarding overall transaction and related details. We expect that this professional will be a key part of our client franchise and will participate in and travel to meetings and client events

Minimum education and experience required: Vice President: Bachelor's degree plus 8-10+ years of non-agency Residential Mortgage-Backed Securities experience or related experience

Qualifications / Skills required:
  • Structured products experience and demonstrated knowledge of fixed income markets
  • Demonstrated financial modeling skills to understand and develop deal structure and cash flow waterfall models for revolving and amortizing transactions
  • Experience using Intex and Bloomberg.
  • Experience evaluating non-agency mortgage-backed securities and mortgage credit risk
  • Ability to communicate and work under tight timeframes with external clients and internal teams
  • Enthusiastic, proactive team player that will drive transactions and projects


Salary Range
The expected base salary for this New York, New York, United States-based position is $125000-$250000. 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.

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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.

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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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