GBM - Private, CSG - Vice President, Lead Underwriter — Commercial Real Estate Financing Group - Asset Originations, Dallas TX

Capital Solutions Group

Goldman Sachs operates at the fulcrum of one of the most important structural trends in finance: the convergence of public and private markets. We combine the #1 global advisory franchise, a leading origination business, and an investing platform that deploys capital across liquid and alternative asset classes.

Our Capital Solutions Group is a comprehensive suite of our financing, origination, structuring, and risk management solutions. The depth and breadth of our relationships, enriched by the velocity of our deal flow, provide clients unique insights to maximize value and unlock opportunity.

Our integrated structure is built to provide comprehensive, tailored solutions that propel both our issuing and investing clients forward.

The Commercial Real Estate Finance Group (CREFG) Asset Originations team is responsible for the underwriting, structuring, and closing of commercial real estate loans across our CMBS and balance sheet lending platforms. Our team partners closely with originators to evaluate opportunities, structure transactions, assess credit risk, and lead deals from initial underwriting through closing.

Role Overview

We are seeking an experienced Vice President and Lead Underwriter to manage complex commercial real estate debt transactions while leading and developing a team of underwriting professionals. This individual will combine hands‑on transaction leadership with mentorship of Associates and Analysts and will play a key role in driving credit decisions and transaction execution.

Responsibilities

• Serve as the lead underwriter and primary transaction manager on commercial real estate transactions across property types providing direction to Associates and Analysts throughout the underwriting and closing process.
• Lead the credit analysis and investment rationale on assigned transactions, including cash flow analysis, sponsor assessment, property valuation, and risk evaluation
• Engage directly with sponsors and brokers on deal terms, negotiating reserves, covenants, and structural provisions
• Prepare and present underwriting recommendations and credit memoranda for approval committees.
• Run scenario and stress testing to inform structuring and pricing decisions
• Manage, train, and mentor a team of Associates and Analysts, building strong underwriting judgment and technical skill
• Coordinate with capital markets, credit, legal, borrowers, and third‑party advisors to drive transactions through closing.

Qualifications

• 8+ years of commercial real estate underwriting and structuring experience, including CMBS and/or balance sheet lending
• Experience underwriting across major property types (multifamily, office, retail, industrial, hospitality)
• Strong track record leading deals directly with sponsors and brokers
• Prior experience managing or mentoring junior underwriting talent
• Strong writing and presentation skills, with demonstrated success presenting and influencing decisions in credit committees and similar approval forums.
• Collaborative team player who works well across originations, credit, and legal functions
• Bachelor's degree required; CFA/MBA a plus but not required

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 US employees who work at least 20 hours per week, can be found here .

About Goldman Sachs At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.

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 Services

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 & Family 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.