Wealth Management Across Wealth Management Goldman Sachs helps empower clients and customers around the world to reach their financial goals Our advisor-led wealth management businesses provide financial planning investment management banking and comprehensive advice to a wide range of clients including ultra-high net worth and high net worth individuals as well as family offices foundations and endowments and corporations and their employees Our consumer business provides digital solutions for customers to better spend borrow invest and save Across Wealth Management our growth is driven by a relentless focus on our people our clients and customers and leading-edge technology data and design Goldman Sachs Private Bank Goldman Sachs Private Bank provides competitive borrowing and cash management solutions from Goldman Sachs Bank USA that are strategically integrated with our client s wealth management goals Our experienced team partners with PWAs to advise clients on new loans refinancing and restructuring of existing loans along with overall liability management Our lenders and mortgage specialists provide a wide range of creative borrowing solutions against asset classes ranging from marketable securities and alternative investments residential and commercial real estate to more tailored solutions against private assets such as aviation fine art or vineyards All team members are employees of Goldman Sachs Bank USA Private Lending Underwriting Private Lending Underwriting PLU based in Bengaluru is primarily responsible for the underwriting of loans to GS Private Wealth Management PWM clients In this capacity PLU assesses underwrites documents and monitors the credit and business risks incurred in loan transactions The underwriting process includes a thorough analysis of the borrower s financial condition assessment of any collateral securing the loan identification of risks and mitigants among other items Types of loans underwritten include commercial real estate GS and third-party private equity hedge funds including co-invest facilities aircraft fine art hobby properties private company stock yachts marketable securities etc PLU also ensures that the underwriting standards approved by the bank are adhered to in the loan approval process with exceptions appropriately mitigated and documented In addition PLU participates in various business-related initiatives such as new product development and systems operational enhancements Private Lending is a part of GS Private Bank PB which is a business initiative of Goldman Sachs PLU employees are employees of Goldman Sachs Bank USA Job Summary and Responsibilities 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 Document the loan structure and analysis for credit approval and file documentation purposes Ensure that loan documentation is consistent with the approved terms and that appropriate risk ratings are assigned to each loan transaction Confirm compliance with all covenant and collateral monitoring procedures 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 Foster strong communication with Regional Private Lending teams Credit Risk Management PWM teams clients and GS Bank USA personnel Basic and Preferred Qualification MBA CPA or CFA a plus 1-3 years of work experience in a financial field mortgage or insurance underwriting is not relevant for this role Relevant work experience in commercial banking and or private banking underwriting or credit roles Key skills include detailed knowledge of financial accounting analysis and modeling Excellent communication skills both oral and written Strong project management multi-tasking and work organization skills Flexible personable confident and self-motivated while focusing on being a team player Desire to be part of a dynamic and growing business No licensing required for this role 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 Recent 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 GS com careers We re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process https www goldmansachs com careers footer disability-statement html 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 advantages our firm has to offer Opportunity Overview CORPORATE TITLE Associate OFFICE LOCATION S Bengaluru JOB FUNCTION External Product Specialists DIVISION Asset Wealth Management