AWM, Private Bank, CCF Underwriter, Associate- New York

About this role

Capital Call Financing (CCF) The Private Lending Capital Call Financing team provides fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund’s limited partners. These facilities enhance fund returns, accelerate access to capital, reduce capital call frequency, and bridge to asset-secured leverage. The CCF business is an integral part of the Private Bank’s alternative asset lending capabilities, enabling the Bank to offer credit facilities at both the GP investor level for personal liquidity and cash flow management and the fund level to enhance financial flexibility throughout a fund’s life

CCF Underwriting assesses, documents, and monitors the credit and business risks incurred in CCF transactions. The underwriting process includes a thorough analysis of the private equity fund sponsor, the collateral (limited partners committing to the fund), and the loan structure. CCF Underwriting also ensures that the underwriting standards approved by the bank are adhered to in the loan approval process, with exceptions appropriately mitigated and documented

Private Lending is a part of GS Private Bank (PB), which is a business initiative of Goldman Sachs. CCF employees are employees of Goldman Sachs Bank USA. HOW YOU WILL FULFILL YOUR POTENTIAL Evaluate all risk and economic implications of transactions, using strong analytical and technical skills Advise and develop credit solutions for clients that meet their needs and remain within acceptable risk parameters for the Bank Develop and maintain a thorough understanding of the CCF product offered in Private Lending

Ensure consistency in the underwriting process and with the standards prescribed in the Lending Guide Diligence private equity fund and sponsor track records, financials, LPs, PPMs, and LPAs across various strategies (e.g., buyout, real estate, infrastructure, etc.) Build and maintain borrowing base certificates and credit / financial models Eva

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