AWM, Private Bank, Ultra High Net Worth Underwriter, Vice President- Dallas

Our Impact

Across Asset & Wealth Management (AWM), Goldman Sachs empowers clients worldwide to reach their financial goals through advisor‑led planning, investment management, banking, and tailored lending solutions. Within AWM, the Private Bank delivers competitive borrowing and cash‑management products from Goldman Sachs Bank USA, strategically integrated with each client’s broader wealth strategy. Our lenders and specialists provide bespoke solutions secured by a wide range of asset classes—including marketable securities, alternatives, residential and commercial real estate, and unique assets such as aviation, fine art, and private holdings.

Your Impact

The Underwriting Vice President serves as a senior credit professional responsible for leading the underwriting, structuring, and approval preparation of bespoke credit facilities for Private Bank clients. This role partners closely with Originators, Investor teams, Credit Executives, Risk, and Legal to deliver high‑quality credit solutions while maintaining a disciplined risk posture.

The VP will oversee the end‑to‑end underwriting process for a complex and diverse loan portfolio—including secured, unsecured, real estate, marketable securities‑based, aviation, art, partner capital, and specialty asset lending. This leader will mentor junior underwriters, refine credit standards, and help drive continuous process improvement within the underwriting platform.

Key Responsibilities

Credit Underwriting & Structuring

• Lead underwriting of complex credit transactions, including bespoke and non‑standard structures for ultra‑high‑net‑worth clients, trusts, and family offices.
• Conduct comprehensive credit analysis, including cash flow modeling, collateral valuation, stress testing, global exposure assessments, and risk rating recommendations
• Structure credit facilities that align client objectives with prudent risk frameworks while ensuring feasibility, market competitiveness, and compliance with credit policies.
• Prepare high‑quality credit memos, approval packages, and portfolio monitoring updates for executive credit committees.

Risk Management & Governance

• Ensure compliance with internal credit policies, regulatory requirements, and portfolio risk guidelines.
• Identify emerging risks and implement risk‑mitigation strategies across assigned portfolios.
• Provide expert judgment on collateral types including marketable securities, alternatives, concentrated positions, real estate, and specialty assets.
• Monitor ongoing financial performance, covenant compliance, collateral sufficiency, and overall credit health.

Strategic Partnership & Execution

• Collaborate with Bankers, Capital Advisors, Investment Specialists, Risk, and Legal to drive seamless transaction execution.
• Support product innovation and credit program enhancements by sharing underwriting insights and identifying process improvements.
• Serve as a subject‑matter expert on Private Bank lending products, credit structures, and policy interpretations.

Leadership & Team Development

• Mentor Analysts and Associates, providing coaching on credit fundamentals, structuring, and communication.
• Lead cross‑functional workstreams and represent Underwriting in business initiatives, risk reviews, or policy discussions.
• Help shape a high‑performance culture grounded in credit excellence and client‑centric delivery.

Qualifications

Required

• 7–10 plus years of relevant experience in credit underwriting, commercial lending, private bank lending, corporate banking, or asset‑based finance.
• Demonstrated expertise underwriting complex credit transactions for ultra‑high‑net‑worth clients or institutional‑level borrowers.
• Strong financial modeling, risk assessment, and collateral analysis skills across multiple asset classes.
• Excellent written and verbal communication skills, with an ability to clearly articulate complex credit concepts to senior stakeholders.
• Proven ability to manage multiple transactions simultaneously in a fast‑paced environment with high attention to detail.

Preferred

• Experience in private banking, wealth management lending, or UHNW relationship‑driven credit organizations.
• Familiarity with complex wealth structures (trusts, partnerships, family offices).
• Advanced credentials such as MBA, CFA, or formal credit training program completion.

We Offer Best-In-Class Benefits

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.

Holiday & Vacation Policies

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.

Opportunity Overview

CORPORATE TITLEVice President

OFFICE LOCATION(S)Dallas

JOB FUNCTIONExternal Product Specialists

DIVISIONAsset & Wealth Management