International Private Bank, Head of Commercial Real Estate Underwriting & Portfolio Management, Executive Director, London

Overview

As a senior CRE executive, you will lead the Pan-European Underwriting and Portfolio Management team to scale secured lending across Europe and selected Asian markets. You will set underwriting standards, oversee credit templates and risk modeling, and drive complex loan negotiations and documentation. You will partner with Private Banking, Origination, Risk, and Legal teams to deliver sophisticated financing solutions for UHNW clients. This role offers impact in shaping pan-European lending practices and governance within Goldman Sachs’ Private Bank and AWM platform.

Responsibilities

• Build and lead a high-performing CRE underwriting and portfolio management team
• Define pan-European lending standards and underwriting playbooks with risk leadership
• Direct deal allocation and manage pipeline vs. turnaround times to uphold credit discipline
• Lead end-to-end credit assessment for large multi-jurisdictional CRE opportunities
• Assess construction feasibility, budgets, schedules, and procurement approaches
• Oversee robust financial modeling across capital structures and stress testing
• Present and defend credit memoranda to Credit Committees
• Negotiate LMA-based facilities and ancillary finance documents
• Structure multi-jurisdictional security packages across UK and Europe
• Monitor construction drawdowns with IMS and validate expenditures
• Oversee ongoing loan surveillance and covenant tracking
• Identify and manage credit deterioration and work out restructurings when needed

Key requirements

• 10–15+ years of institutional CRE lending and underwriting experience
• Hands-on construction lending and development debt facilities experience
• Familiarity with UK and core European lending and security enforcement frameworks
• Deep experience with LMA documentation and facility agreements
• Leadership track record in building and mentoring underwriting teams
• Strong client and stakeholder management with UHNW sponsors and external counsel

• Strong communication skills for executive audiences
• Excellent negotiation and relationship-management abilities
• Strategic thinking with governance discipline
• Exceptional financial modeling in Microsoft Excel
• Knowledge of European CRE valuation methods (RICS Red Book) and due diligence standards
• Understanding of ICR/DSCR, cap rates, and debt yields

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