Chicago, Illinois, USA
21 days ago
AWM, Private Bank, Regional Lending Advisor, Vice President, Chicago

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. 

JOB SUMMARY & RESPONSIBILITES

Establish and maintain strong internal relationships to drive lending activityResponsible for driving growth by identifying and implementing lending growth opportunities with PWM coverage teamsAdvise clients and advisors on appropriate tailored lending solutions and contribute to our reputation of excellence in executionJoin prospect and client meetings with PWAs to raise awareness of Goldman Sachs Private Bank and the solutions availableAct as first layer of control for new opportunities by pre-screening lending requests and structuring creative loan proposals that work for both the client and Firm.Partnering with our US Underwriting team on submitting credit memos and overall portfolio and risk managementTaking the lead in navigating solutions for initial default situations or at risk accounts within your portfolio.Ensuring effective and consistent compliance to credit and control proceduresManage expectations through strong communication with clients and their PWAs

QUALIFICATIONS

8+ years’ experience in UHNW lending origination and credit analysis in a private bank or commercial banking organizationExpert knowledge in Commercial Real Estate financing preferredExperience with underwriting other asset classes including securities based loans, structured lending and private equityAbility to advise clients and where appropriate creatively structure sophisticated solutions to help clients meet their objectivesExcellent oral and written communication skillsDetail oriented with strong analytical skillsStrong collaboration skills in a team environmentDesire to continue the growth in a dynamic business.Completion of a formal credit training program preferredBachelor’s Degree or relevant experience 
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