Goldman Sachs India | Asset & Wealth Management , Private Bank Lending, Underwriting, Associate, Bengaluru

Responsibilities

• Private Lending Underwriting (PLU), based in Bengaluru, is primarily responsible for the underwriting of loans to GS Private Wealth Management (PWM) clients.
• Evaluate all risk and economic implications of transactions, using strong analytical and technical skills.
• Work closely with the Regional Lending Team to advise and develop solutions for clients that meet their needs and remain within acceptable risk parameters for the Bank.
• Develop and maintain a thorough understanding of the product suite offered in Private Lending.
• Ensure consistency in the underwriting process and with the standards prescribed in the Product Lending Guides.
• Ensure that loan documentation is consistent with the approved terms and that appropriate risk ratings are assigned to each loan transaction.
• Ensure that loan approvals and policy exceptions are documented appropriately and that credit files are maintained in a satisfactory manner.
• Interact with banking regulators on an as needed basis. Provide other support of GS Bank USA’s loan portfolio as requested.
• Document the loan structure and analysis for credit approval and file documentation purposes
• Foster strong communication with Regional Private Lending teams, Credit Risk Management, PWM teams, clients and GS Bank USA personnel

Requirements

• Excellent communication skills, both oral and written.
• Strong project management, multi-tasking, and work organization skills.
• 3+ years of work experience in a financial field (mortgage or insurance underwriting is not relevant for this role)

Goldman Sachs

Goldman Sachs is a global investment banking, securities and asset and wealth management firm, founded in New York in 1869.

Its Indian offices work on engineering, operations, finance, risk and other global functions. Finance professionals typically join controllers, tax, treasury, loan operations and risk teams.

• Industry: Investment banking, securities and asset & wealth management
• Headquarters: New York, USA
• In India: Offices in Bengaluru, Hyderabad and Mumbai