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, specifically supporting the growing Private Credit Group and 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 statement
- 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
Experience/Skills:
- Degree in Finance / Accounting, CPA/CFA or MBA preferred
- 2-5 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.
- A strong understanding of WACC, CAPM and Contingent Claims Analysis models
- A strong understanding of Fixed Income and Equities markets and the alternative investment management industry
- Extensive Microsoft Office experience (Excel/PowerPoint/Outlook)
- A 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, New Jersey, 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.