Global Banking & Markets, Transactions Execution & Risk Management, Loan Negotiations Group, Executive Director/Vice President (m|f|x) London

We are currently seeking a Vice President/Executive Director to join the Loan Negotiations Group (“LNG”). LNG is part of the Transaction Execution and Risk Management team (“TERM”). TERM is part of Global Banking and Markets (Private) at Goldman Sachs and forms part of the firm’s “first line of defense” in managing risk arising from debt financing transactions.

This is a front-line, client-facing position working with debt origination bankers and capital markets teams within investment banking to negotiate financing commitment documents, credit agreements, and intercreditor arrangements for leveraged and investment-grade debt transactions, select high-yield transactions, bridge loans, emerging markets transactions, complex amendments, and other similar products. In addition, LNG plays a leading role in structuring transactions and identifying risks and issues arising from the broader transaction documentation, corporate structure, transaction process, or jurisdiction.

The role will allow candidates to play a leading role in the largest and most complex leveraged and investment-grade transactions in the market. Clients include financial sponsors, corporations, and family offices. It is a dynamic, fast-paced, and stimulating environment, with an emphasis on collegiality and teamwork.

Tasks

Responsibilities

• Work with internal deal teams, capital markets teams, and in-house and outside counsel to structure (in some cases, highly complex) transactions.
• Lead negotiations on grids and financing documentation with sponsors and borrowers and/or other arranging banks, and provide judgment as to whether the terms of the documentation will meet current market standards
• Provide transaction management and help drive execution
• Participate in the syndication process, including discussions with investors regarding structure and documentary terms, and, if necessary, negotiate with borrowers or sponsors to make changes that address any investor concerns
• Liaise with other internal stakeholders (particularly Legal and Credit) to ensure that transaction risks are understood and approved where required
• Participate in internal credit committee approval processes (including in-person attendance, attendance at preparatory briefings, and/or contributions to the formal credit committee memo) to ensure that the transaction and any related documentary and/or structural risks are fully understood
  

Other Focus Areas

• Developing and managing relationships with law firms (both on the Bank’s side and the Sponsor/Borrower’s side)
• Helping to build and manage relationships with sponsors (and other corporate clients) to ensure that negotiations are as constructive and efficient as possible
• Monitoring market developments and, where possible, helping to shape or influence the strategic direction of documentary terms and processes

Profile / Your qualification / Your personality

• Prefer 5–8 years of experience at either a law firm or a similar team at a bank
• Law degree/GDL (or equivalent)
• Strong technical knowledge, particularly regarding contractual analysis, intercreditor agreements, and structural/enforcement issues
• Strong negotiation skills
• Excellent written and verbal communication skills
• Strong commercial judgment and integrity
• Strong organizational skills: able to manage multiple tasks, competing work streams, and deadlines
• Highly motivated and adaptable: ability to respond creatively and quickly in a fast-paced, high-pressure, and ever-changing environment
• Ability to work within teams and build consensus among a wide range of stakeholders

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Location

25 Shoe Lane, GB-EC4A 4AU London