Job Summary:
The successful candidate will work within the AWM (Asset & Wealth Management). Public Product Control team, which is responsible for oversight of private debt and equity valuation covering $23bn market value within the growing Private Credit Group and Business Development Company (“BDC”) platform.
They will be responsible for the price verification of private investments; primarily private debt. They will interact with Controller’s management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations. They will be responsible for investor and regulatory reporting.
Principal Responsibilities:
- Responsible for oversight of quarterly valuation process for private debt and equity positions, including financials statement analysis, yield analysis and discounted cash flow and market approaches
- Involvement in independent third-party valuation processes
- Involvement in external/internal Audit review process
- Responsible for investor and regulatory reporting including MD&A disclosures for financial statements
- Responsible for valuation committee presentations
- Daily interaction with portfolio managers, Fund Accounting & Operations
- Understand SOX 404 framework and document supporting evidence of key SOX controls to ensure correct levels of control and independence are in place
- Develop a broad understanding of credit markets and the BDC industry
Qualifications:
- Degree in Finance / Accounting, CPA/CFA or MBA preferred
- 4-6 years relevant work experience (public and/or private)
- Working knowledge of Private Equity and Private Debt valuations, including knowledge of market approach, DCF, liquidation approach etc.
- Strong understanding of WACC, CAPM and Contingent Claims Analysis models
- Strong understanding of Fixed Income and Equities markets and the alternative investment management industry
- Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
- Strong understanding of valuation accounting disclosures
- Strong interpersonal (verbal and written communication) skills, including experience presenting/communicating with senior managers
- Ability to work within a team environment
- Strong analytical and organizational skills
- Results driven and great multitasking skills
Salary Range
The expected base salary for this Jersey City, NJ, United States-based position is $85000-$140000. 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.
Skills Required
- Degree in Finance or Accounting
- CPA, CFA or MBA
- 4-6 years relevant work experience (public and/or private)
- Working knowledge of Private Equity and Private Debt valuations, including market approach, DCF, liquidation approach
- Strong understanding of WACC, CAPM and Contingent Claims Analysis models
- Strong understanding of Fixed Income and Equities markets and the alternative investment management industry
- Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
- Strong understanding of valuation accounting disclosures
- Understand SOX 404 framework and document supporting evidence of key SOX controls
- Strong interpersonal, verbal and written communication skills and presentation experience with senior managers
- Ability to work within a team environment
- Strong analytical and organizational skills
- Results driven with strong multitasking skills
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
