GBM Private, Capital Solutions Group, Real Estate Finance Group (REFG), Warehouse Financing, Associate - New York

The Goldman Sachs Group
$150000-$225000
United States, New York, New York
200 West Street (Show on map)
Apr 29, 2025
About REFG The Real Estate Financing Group (REFG) within Capital Solutions Group is a leader in commercial real estate lending and warehouse financing. REFG has one of the largest commercial real estate warehouse businesses in the market and is a top-ranked CRE CLO booker runner. REFG's Warehouse team is responsible for the sourcing and structuring of new warehouse facilities, underwriting / pricing warehouse assets (including but not limited to new floating-rate CRE loan originations, secondary and/or NPL purchases, and seasoned/currently securitized positions) contextual to the current CRE capital markets, and asset-managing existing warehouse facilities as well as collateral. The Warehouse team is looking for an experienced Associate to join the team to support the ongoing growth of the business. Responsibilities Underwrite and value transitional CRE mortgage loans across all property types (e.g., industrial, multifamily, office, retail, hospitality, etc.) Manage term sheet negotiations for new potential warehouse facilities Read and understand core suite of operative documents for warehouse facilities (MRA, Fee Letter, Guaranty) Prepare materials and memos for client discussions, deal evaluation, and internal committees Interact with clients on a daily basis to screen / pledge new assets to existing warehouse facilities Perform in-depth property, market, sector, and borrower due diligence and research Coordinate with REFG's Credit, Capital Markets, and Securitization teams as well as external parties such as due diligence providers, consultants, and legal counsel throughout the warehouse lifecyle Qualifications Bachelor's degree and 2-4 years of work experience, ideally in investment banking, real estate, credit origination, or other relevant roles Track record of strong academic achievement Strong modeling and analytical skills; experience with Argus is not required Strong interpersonal and communication skills and ability to collaborate effectively with both internal and external audiences Ability to work in a fast-paced, dynamic environment and manage multiple transactions under deadlines Strong work ethic, attention to detail, and commitment to results Genuine interest in real estate and credit origination Salary Range The expected base salary for this New York, New York, United States-based position is $150000-$225000. 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 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 at GS.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., 2024. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.