Asset & Wealth Management, Urban Investment Group, Head of Asset Management, Vice President - Dallas

Goldman Sachs Bank USA seeks a Head of Asset Management in Dallas, TX to join the Urban Investment Group (UIG) Asset & Wealth Management team within Real Estate. Established in 2001, the Urban Investment Group (UIG) within Goldman Sachs Asset & Wealth Management makes domestic tax credit equity investments and loans and provides senior loan facilities in order to empower underserved communities and enable long-term equitable growth, with a primary focus on affordable housing. UIG manages the investing and lending strategies for GS Bank USA’s Community Reinvestment Act requirements and the firm’s investments in Opportunity Zones, and is a significant contributor to the firm’s One Million Black Women and 10,000 Small Businesses initiatives. Real estate investments range from opportunistic ground-up development to core plus acquisitions of affordable and workforce housing portfolios. UIG has committed over $25 billion to create access to affordable housing, healthcare, education, and capital for low-income people and small businesses. Responsibilities:Manage, develop and lead a global team (including team members in India, Dallas and New York City) of Asset Managers across UIG investmentsManage all or a portion of a portfolio of debt, equity and tax credit investments that finance real estate developments including mixed-income and affordable housing, retail, office, industrial and charter school facilitiesOversee internal asset valuation modeling, business plan preparation and execution, developing monthly cash flow projections, supporting leasing strategy, collecting financials and reviewing budgets Oversee preparation of monthly and/or quarterly reporting, and working with third parties, including operating partners, brokers and property management companiesBuild and manage relationships with external operating partners and internal counterparts across GS’s real estate investing and asset management platformDevelop and support execution of asset strategy, including financial and asset performance data, in conjunction with UIG leadership, investing personnel and operating partnersOversee asset disposition efforts including: contract negotiation, writing investment committee memorandums, presenting to investment committee, finalizing disposition models, calculating waterfall returns, transaction management and closingDrive exits and compliance/covenants monitoring on tax credit equity and debt transactionsResearch and evaluate market trends, rental rates and occupancy trends to update investment assumptions within modelsEngage and provide oversight of third parties which perform the day-to-day operations of the assets, including, but not limited to operating partners and property management companiesManage appropriate cadence for asset site visitsWork closely with internal stakeholders such as Finance, Compliance and LegalMaintain performance reports for internal tracking and reporting Ensure technical training is available to junior team members, and support for their development and growth within the team and firm Qualifications:Bachelor’s degree from a four-year college or universityMinimum 7-10+ years of asset management and transaction experience, ideally with asset management experience across multiple real estate product types Solid real estate modeling skills with advanced Excel skills; experience with Argus, Yardi or RealInsight a plusAnalytical / logical mindset and high attention to detailStrong written and verbal communication skills with the ability to present strategies and business decisions clearly and concisely Demonstrated ability to successfully manage internal and external relationshipsAbility to work in a fast-paced, challenging environment; ability to prioritizeSelf-motivated with ability to work both autonomously and in a team settingPassion for helping solve entrenched challenges facing underserved communitiesDesire to create positive change through double-bottom-line investments in real estate impact investingInterest in working collaboratively with the public sector, spanning municipal, state, and federal government, and navigating any resulting complexitiesPosting Date: 2026-06-10