• Merchant Banking Division - Real Estate Principal Investment Area - Associate / Senior Associate - London

    Location(s) UK-London
    Job ID
    2018-49628
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Engineering
    Region
    EMEA
    Division
    Merchant Banking Division
    Business Unit
    F&A
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Are you passionate about finance, real estate and investing? We’re looking for a professional to join our Merchant Banking Real Estate team who wants to use their skills and ideas to become a successful real estate investor at Goldman Sachs.

     

    MERCHANT BANKING

     

    MBD is the primary center for Goldman Sachs’ long term principal investing activity, and Goldman Sachs has operated this business as an integral part of the firm for over 30 years. The group invests in equity and credit across corporate, real estate and infrastructure strategies. Since 1986, the group has raised approximately $183b of levered capital to invest across a number of geographies, industries and transaction types. With nine offices in seven countries around the world, MBD is one of the largest managers of private capital globally, offering deep expertise and long-standing relationships with companies, investors, entrepreneurs and financial intermediaries around the globe. The work is deal-focused and exciting, and will bring you in contact with a wide range of businesses, industries, investment structures and products.

     

    REAL ESTATE PRINCIPAL INVESTMENT AREA

     

    Since 1991, we have raised $43bn of capital through various real estate-focused investment vehicles across a number of geographies, product types, and structures investing equity and debt real estate securities. In Europe, Goldman Sachs Real Estate Principal Investment Area ("REPIA") invests Firm and third party capital in real estate investments across the capital structure and across asset classes. REPIA is one of the largest and most active private real estate equity and credit investors in Europe and focuses on investments across a broad range of markets and product types. In addition to its European operations, REPIA is one of the largest investors in North America, with professionals located in New York and Dallas.

    RESPONSIBILITIES AND QUALIFICATIONS

    HOW YOU WILL FULFILL YOUR POTENTIAL

    • Working closely with deal team leaders and other senior personnel of MBD, the successful candidate will be expected to lead transaction execution on a day-to-day basis, including managing more junior REPIA personnel, internal underwriting and execution resources, as well as external advisors and counterparties.
    • Researching and evaluating potential real estate investment opportunities, both qualitatively and quantitatively
    • Day-to-day point person on various acquisition and asset management transactions, with specific focus on financial modelling, auditing, due diligence and reporting.
    • Responsible for the preparation of discussion materials on proposed investment opportunities for the consideration of the REPIA Investment Committee
    • Involvement in the documentation, structuring and financing aspects of transactions (including debt restructurings). 

    SKILLS & EXPERIENCE WE’RE LOOKING FOR

     

    BASIC QUALIFICATIONS

    • Ideal candidate will possess a relevant bachelor’s degree or equivalent qualification and have an excellent academic and professional record.
    • extensive work experience in a real estate investing role or similar position
    • Excellent Microsoft Office skills (in particular Excel), excellent negotiation and communication skills, in addition to being able to coordinate due diligence processes and execution of transactions.
    • The candidate must therefore be financially competent, with excellent attention to detail, a clear ability to multi-task, and an ability to work to goals/deadlines.
    • Solid work ethic and motivation level
    • Strong leadership skills and the ability to coordinate large teams, including advisors across Europe
    • Fluency in English – other European languages will be an advantage