Asset & Wealth Management, Private Credit COO Team, Vice President- New York

Asset Management provides institutional and individual investors with investment and advisory solutions, with strategies spanning asset classes, industries, and geographies. We help our clients navigate today’s dynamic markets and identify the opportunities that shape their portfolios and long-term investment goals. We extend these global capabilities to the world’s leading pension plans, sovereign wealth funds, central banks, insurance companies, financial institutions, endowments, foundations, individuals and family offices. Asset Management also invests in corporate equity and corporate debt, real estate equity, and real estate debt and infrastructure worldwide. Additionally, we provide asset management services to investments where Goldman Sachs has an interest. Consisting of hundreds of professionals in multiple offices around the world, our business operates on a global platform.

The AM Private Credit platform invests globally and across the capital structure, seeking to identify attractive risk-adjusted return opportunities across the credit spectrum. The group manages more than $140 billion across all aspects of Private Credit, including investment grade, senior, mezzanine, and hybrid capital, climate transition, and asset backed finance solutions. Globally, there are 250 investors and asset managers across strategies.

The COO team aligned to the Private Credit platform will play a critical role in enhancing operational efficiency, driving strategic initiatives, and ensuring robust governance across our global Private Credit platform. This position will partner closely with senior management to optimize processes, manage key operational functions, and support the continued growth and scalability of the business.

RESPONSIBILITIES

• Operational Strategy & Execution: Lead the development and execution of operational strategies to enhance efficiency, scalability, and business development for the global Private Credit platform, prioritizing initiatives with high return on investment.
• Team Leadership & Management: Collaborate with Human Capital Management to attract, develop, and retain top talent, overseeing recruiting processes and contributing to headcount and budget planning.
• Data Analytics and Performance Management: Manage key performance indicators (KPIs) and reporting to monitor ongoing performance, inform strategic decisions, and support business-critical presentations and marketing efforts.
• Risk Management & Governance: Working with Legal, Compliance, Risk and other stakeholders to enhance governance and reduce risk of the platform, including projects such as regulatory requirement uplifts, internal audit remediation, investment committee and ongoing monitoring process adherence.
• Administrative Oversight: Oversee and optimize administrative functions, including floor management, entitlement processes, and expense approvals, to ensure seamless operational support.

BASIC QUALIFICATIONS

• At least 8 years of prior work experience in a relevant field, preferably in a credit-oriented business
• Strong communication skills (written and verbal) and professional presence to engage with and build relationships with senior management
• Proficiency in operational software, data analysis tools, and advanced Microsoft Office Suite (Excel, PowerPoint) for reporting and presentations
• Strong problem-solving skills to tackle complex, open-ended problems
• Highly organized with attention to detail and follow-through
• Demonstrated ability to foster a collaborative and high-performance team environment, coupled with a strong work ethic and positive attitude
• Ability to respond creatively and quickly in a fast-paced, high-pressure, changing environment
• Ability to self-direct, analyze and evaluate and form independent judgments
• Commercially savvy with ability to exercise discretion with respect to highly confidential/sensitive information
• Integrity, ethical standards and sound judgment

Salary Range

The expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

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.