Location
New York, NY 10282
Overview
Within Asset & Wealth Management (AWM), Goldman Sachs helps clients worldwide achieve their financial objectives through advisory planning, investment management, banking, and tailored lending solutions. The Private Bank provides borrowing and cash‑management products from Goldman Sachs Bank USA, integrated with each client’s broader wealth strategy. Our lenders and specialists craft bespoke solutions secured by a diverse range of asset classes, including marketable securities, alternatives, residential and commercial real estate, and unique assets such as aviation, fine art, and private holdings.
Your Impact
The Underwriting Analyst is an entry‑level role designed to support all facets of the Private Bank's credit underwriting process. Analysts focus on data gathering, preliminary financial analysis, exposure tracking, and documentation support. The role is structured to build foundational credit skills and provide exposure to a wide array of wealth‑driven lending solutions.
Key Responsibilities
- Financial & Credit Analysis Support
- Collect and organize financial statements, tax returns, liquidity reports, and collateral documents.
- Prepare initial financial spreads, liquidity analyses, and exposure summaries.
- Assist with marketable securities analysis, LTV calculations, and collateral coverage reviews.
- Support Analysts and Underwriters with initial drafting of memo components and client summaries.
- Operational & Execution Support
- Maintain credit files, internal databases, exposure systems, and workflow trackers.
- Support the documentation and closing process by coordinating with Legal, Compliance, and Operations.
- Perform data integrity checks and prepare materials for credit meetings and committee packages.
- Risk & Controls
- Ensure that required documentation is collected and maintained in accordance with policy.
- Support periodic monitoring activities, including annual reviews, covenant checks, and collateral revaluations.
- Assist in identifying discrepancies or red flags in client information and escalate appropriately.
- Collaboration
- Work closely with Associates, Underwriters, Bankers, and Risk to ensure timely, accurate execution.
- Participate in team meetings, training sessions, and underwriting discussions.
Qualifications
Required
- 1–3 years of experience in finance, credit analysis, accounting, or related fields.
- Strong analytical skills and proficiency with Excel and financial statement review.
- High level of accuracy, organization, and attention to detail.
- Strong communication skills and eagerness to learn credit fundamentals.
Preferred
- Internship or experience in private banking, corporate lending, wealth management, or credit operations.
- Exposure to financial modeling or analysis coursework.
Salary Range
The expected base salary for this New York, New York, United States-based position is $75,000–$125,000. 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.
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 o