Goldman Sachs, Asset Management Division, Commercial Real Estate Asset Manager, Associate- Dallas at The Goldman Sachs Group in Dallas, Texas

Posted in Other 26 days ago.





Job Description:


Goldman Sachs, Asset Management Division, Commercial Real Estate Asset Manager, Associate- Dallas

Location(s)

US-TX-Dallas


































Job ID
2021-70973
Schedule Type
Full Time
Level
Associate
Function(s)
General

Region

Americas
Division
Merchant Banking Division

Business Unit

RE Asset Management
Employment Type
Employee

MORE ABOUT THIS JOB

MERCHANT BANKING

We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing.

RESPONSIBILITIES AND QUALIFICATIONS

Goldman Sachs & Co, located in Dallas, TX seeks an Associate to join the Commercial Real Estate Asset Management group within the Asset Management Division (AMD) which supports real estate investing across multiple product types (office, industrial, and retail) across the US.

Responsibilities:

    Support senior members of the team in operating and reporting on their portfolios
  • Manage a portfolio of 10-16 Commercial Real Estate assets, consisting of commercial real assets, including office, industrial, land and mixed use

  • Develop asset strategy, including financial and asset performance data, in conjunction with the regional team leader, investing division and operating partner

  • Prepare business plans, maintaining internal asset valuation models, weekly/monthly/quarterly reporting, oversight of third party service providers, capital plan oversight, business plan execution and disposition of assets

  • Lead asset disposition efforts including: contract negotiation, writing investment committee memorandums, presenting to investment committee, finalizing disposition models, calculating waterfall returns, transaction management and closing

  • Support execution of asset strategies to maximize value through market / product knowledge and value-add strategies

  • Engage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companies, conduct weekly / monthly calls and asset visits

  • Work closely with internal stakeholders such as Finance, Compliance and Legal

  • Provide mentorship to junior members of the team

Qualifications:


  • Strong academic background - finance, real estate, accounting or math background preferred

  • Minimum 3+ years of real estate experience with asset management experience in commercial real estate product types

  • Solid modeling skills, analytical / logical mindset and high attention to detail

  • Strong written and verbal communication skills (clear, concise, and confident) with the ability to present strategies and business decisions clearly and concisely, manage internal and external relationships

  • Must know MS Office Excel and Argus to an advanced level

  • Self-motivated

  • Ability to work both autonomously and in a team setting

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS


At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people atGS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity