GBM - Private Dept- Trade Anlaytics -Bengaluru-Associate

About Goldman Sachs

The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

Business Unit Overview:

The Loan Management team is a business unit within the Global Market's division, primarily supporting the Mortgage Loan Trading and Structured Finance desks. The team is a multi-faceted diligence and asset management platform specializing in whole loan acquisition, sales, securitizations, and financing opportunities. The Loan Management team has product expertise across mortgages, consumer loans, real estate, and warehouse financing.

Loan Management is seeking an Associate/Analyst to support Global Market's Mortgage Loan Trading and Banking trades. The successful candidate will be responsible for the analysis of performing and non-performing loan acquisitions, sales, securitizations, P&L reporting, and back-testing.

Responsibilities:

• Work with the trading desk on various stages of potential non-performing ,re-performing loan and new originations/forward flow bids (NPL/RPL/ New Orig). This includes understanding the pool and bid data, normalizing and loading loan level data into internal databases, analyzing and stratifying pools, determining appropriate modeling assumptions.
• Interact with the Mortgage Banking team on deal securitizations to produce analytics, schedules for the governing documents, accurate loan level data, and work with transaction managers on diligence items
• Understand the month over month portfolio changes and the drivers behind them for all the mortgage whole loan positions on our books. Work with the desk on monthly marking of residential mortgage positions.
• Collaborate with transaction managers and due diligence teams to ensure all post-bid activities data related to final settlement of awarded bids are accurately reflected in the systems
• Provide thoughtful monthly qualitative and quantitative analysis on the key drivers of portfolio performance and recommend actionable strategies to the trading desk
• Produce detailed monthly reports on P&L, returns, cash flows and collateral performance of the loan portfolio across multiple portfolios
• Collaborate across internal teams (Data Management, Operations, Technology, Controllers, Risk and Modeling) to ensure the quality of data, accurate cash processing and valid modeling assumptions.
• Collaborate with external portfolio servicers/managers to understand their business plan and how it tracks against the actual performance. Understand the nuances of every geography while building an understanding of collateral.

Qualifications:

• CA or MBA in Finance with strong academic background. CFA preferred.
• 2-3 years of experience
• Superior analytical skills and attention to detail
• Exceptional communication skills with the ability to manage internal and external relationships.
• Advanced Excel skills with knowledge in advance functions such as vlookup, ifs, sumproducts, index/matches, etc.
• Technical Skills including CAS, Excel VBA, SQL Programming and Tableau a huge plus
• Ability to perform under fast-paced environment with tight time constraint
• Up-to-date with emerging business, economic, and market trends

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. about our culture, benefits, and people at

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview
CORPORATE TITLE
Associate
OFFICE LOCATION(S)
Bengaluru
JOB FUNCTION
Loan Management & Due Diligence
DIVISION
Global Banking & Markets