AWM, Private Bank, CCF Underwriter, Associate- New York
Goldman Sachs Group, Inc., New York, NY, United States
New York, New York, United States
Job Description Capital Call Financing (CCF)
The Private Lending Capital Call Financing team provides fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund’s limited partners. These facilities enhance fund returns, accelerate access to capital, reduce capital call frequency, and bridge to asset-secured leverage. The CCF business is an integral part of the Private Bank’s alternative asset lending capabilities, enabling the Bank to offer credit facilities at both the GP investor level for personal liquidity and cash flow management and the fund level to enhance financial flexibility throughout a fund’s life.
CCF Underwriting assesses, documents, and monitors the credit and business risks incurred in CCF transactions. The underwriting process includes a thorough analysis of the private equity fund sponsor, the collateral (limited partners committing to the fund), and the loan structure. CCF Underwriting also ensures that the underwriting standards approved by the bank are adhered to in the loan approval process, with exceptions appropriately mitigated and documented.
Private Lending is a part of GS Private Bank (PB), which is a business initiative of Goldman Sachs. CCF employees are employees of Goldman Sachs Bank USA.
How you will fulfill your potential
Evaluate all risk and economic implications of transactions, using strong analytical and technical skills
Advise and develop credit solutions for clients that meet their needs and remain within acceptable risk parameters for the Bank
Develop and maintain a thorough understanding of the CCF product offered in Private Lending. Ensure consistency in the underwriting process and with the standards prescribed in the Lending Guide
Diligence private equity fund and sponsor track records, financials, LPs, PPMs, and LPAs across various strategies (e.g., buyout, real estate, infrastructure, etc.)
Build and maintain borrowing base certificates and credit / financial models
Evaluate the credit implications of complex structured loans
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 clients, Credit Risk Management, PWM teams, and GS Bank USA personnel
Skills & Experience We’re Looking For
CPA or CFA a plus
3+ years of relevant work experience (underwriting, lending, commercial banking, private banking, investment banking, investor relations, private equity, and/or credit roles) and a strong understanding of fund finance
Detailed knowledge of financial accounting, analysis, and modeling
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
Salary Range The expected base salary for this New York, New York, United States-based position is $85,000-$160,000. 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 U.S. employees who work at least 20 hours per week, can be found here .
Healthcare & Medical Services 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 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 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 benefits our firm has to offer. Learn More
Job Info
Job Identification 167797
Job Category Associate
Posting Date 04/13/2026, 10:05 PM
Locations New York, New York, United States
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
#J-18808-Ljbffr
Job Description Capital Call Financing (CCF)
The Private Lending Capital Call Financing team provides fund-level financing in the form of capital call / subscription facilities collateralized by the uncalled capital of a fund’s limited partners. These facilities enhance fund returns, accelerate access to capital, reduce capital call frequency, and bridge to asset-secured leverage. The CCF business is an integral part of the Private Bank’s alternative asset lending capabilities, enabling the Bank to offer credit facilities at both the GP investor level for personal liquidity and cash flow management and the fund level to enhance financial flexibility throughout a fund’s life.
CCF Underwriting assesses, documents, and monitors the credit and business risks incurred in CCF transactions. The underwriting process includes a thorough analysis of the private equity fund sponsor, the collateral (limited partners committing to the fund), and the loan structure. CCF Underwriting also ensures that the underwriting standards approved by the bank are adhered to in the loan approval process, with exceptions appropriately mitigated and documented.
Private Lending is a part of GS Private Bank (PB), which is a business initiative of Goldman Sachs. CCF employees are employees of Goldman Sachs Bank USA.
How you will fulfill your potential
Evaluate all risk and economic implications of transactions, using strong analytical and technical skills
Advise and develop credit solutions for clients that meet their needs and remain within acceptable risk parameters for the Bank
Develop and maintain a thorough understanding of the CCF product offered in Private Lending. Ensure consistency in the underwriting process and with the standards prescribed in the Lending Guide
Diligence private equity fund and sponsor track records, financials, LPs, PPMs, and LPAs across various strategies (e.g., buyout, real estate, infrastructure, etc.)
Build and maintain borrowing base certificates and credit / financial models
Evaluate the credit implications of complex structured loans
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 clients, Credit Risk Management, PWM teams, and GS Bank USA personnel
Skills & Experience We’re Looking For
CPA or CFA a plus
3+ years of relevant work experience (underwriting, lending, commercial banking, private banking, investment banking, investor relations, private equity, and/or credit roles) and a strong understanding of fund finance
Detailed knowledge of financial accounting, analysis, and modeling
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
Salary Range The expected base salary for this New York, New York, United States-based position is $85,000-$160,000. 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 U.S. employees who work at least 20 hours per week, can be found here .
Healthcare & Medical Services 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 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 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 benefits our firm has to offer. Learn More
Job Info
Job Identification 167797
Job Category Associate
Posting Date 04/13/2026, 10:05 PM
Locations New York, New York, United States
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
#J-18808-Ljbffr