The Goldman Sachs Group, Inc

Global Banking & Markets, Loan Management, SF Trade Analytics, Analyst/Associate - Dallas

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

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, or STEM-related field.
  • 0-3 years of experience in residential loans or fixed income for analyst position, 3+ years required for associate.
  • Experience at a big four accounting firm in collateral analytics and RA runs on RMBS/CMBS deals preferred.
  • Strong Excel skills, including advanced functions like vlookup, sumproducts, and indirects.
  • Technical skills in CAS, Excel VBA, and SQL; Python knowledge is a plus.

Responsibilities

  • Act as a client advisor for securitization transactions, including various loan types.
  • Collaborate with clients to create data tapes from multiple resources.
  • Perform data validations and create portfolio-level stratifications and replines.
  • Conduct collateral analysis on asset pools and provide performance metrics.
  • Manage relationships across multiple departments to ensure accurate portfolio representation.

Benefits

  • Collaborative work environment with cross-functional teams.
  • Opportunity to work on diverse financial products in a dynamic market.
  • Professional development through exposure to client interaction and analytics.
  • Possibility to influence financial modeling and portfolio strategies.
  • Involvement in high-stakes securitization transactions.
Full Job Description
Job Description

TheStructured Finance Analytics team under Global Banking & Markets division is seeking a motivated professional to support the Credit & Asset Finance business. The team has product expertise across residential assets, consumer loans, real estate, and warehouse financing. The successful candidate will be responsible for the below:

JOB DUTIES:

  • Act as a client advisor and perform analytics on all principal and 3rd party securitization transactions including but not limited: NPL, RPL, PJ, Agency, Non-QM, SFR, MSR, Investor Occupied, Second Lien, Fix and Flip, iBuyer and Mortgage Insurance Linked Notes. Responsibilities include:
    • Collaborate with client and perform data tape creation from various resources including:
      • Settlement Data
      • Latest Month End Servicer Data
      • TPR due diligence Data
      • Originator Data
    • Perform data validations and create portfolio level stratification and replines.
    • Perform portfolio collateral analysis.
    • Provide pool level CPR speeds, loss severity and credit enhancement from RA (Fitch, KBRA, Moodys, Milan) models.
    • Assist in populate credit memo and PPM materials with outside accountants and lawyers.
  • Perform asset pool selection based on contribution requirements on ABS/CMBS securitization. Work with rating agencies and create historical performance matrices (CPR, CDR, Charge off, Recoveries, Loss) to project future performance.
  • Evaluate daily mark to market on all MSR warehouse lines. Provide recommendations on OAS spreads given the recent dynamic change in rate environments.
  • Manage cross-functional relationship with the desk, IBD, transaction management, diligence, operation, controller, and technology team to ensure monthly portfolio activities are accurately represented.

MINIMUM EDUCATION REQUIREMENTS/DEGREE AND FIELD:

Bachelor's degree (U.S. or foreign equivalent)

MINIMUM YEARS EXPERIENCE REQUIRED:
  • 0 to 3 years of Resi loans / Fixed income experience or internship in related fields for analyst.
  • 3+ years of experience for associate.

Preferred Skillsets:
  • Undergraduate in Finance, Economics, Mathematics, or other STEM related degree
  • Big four accounting firm experience in collateral analytics and RA runs on RMBS/CMBS deals strongly preferred.
  • Advanced Excel skills with knowledge in advance functions such as vlookup, sumproducts, index/matches, indirects etc.
  • Technical Skills including CAS, Excel VBA, SQL preferred. Knowledge in Python huge plus.
  • Ability to perform under fast-paced environment with tight time constraints.

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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