Merchant Banking Division, Real Estate, ESG Engineer, Vice President- Dallas

Goldman Sachs Dallas , TX 75201

Posted 3 months ago

MORE ABOUT THIS JOB

MERCHANT BANKING

We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing.

RESPONSIBILITIES AND QUALIFICATIONS

This position will work closely with the MBD Real Estate leadership teams, Environmental, Social, and Governance (ESG) leadership and asset management to develop, execute, and iterate a strategic carbon reduction, energy conservation, alternative energy generation, and procurement program to be rolled out across various property types in regional markets and funds. The ideal candidate will have subject matter expertise in all significant mechanical components of commercial real estate and best in class energy and environmental sustainability practices that are supported by engineering concepts and have accretive value. The position will be responsible for driving program and project level implementation, sourcing specialist vendors, creating policies, consulting property managers, and researching and applying new technologies across the commercial real estate platform in conjunction with GS asset management. Responsibilities include:

BUILDING OPTIMIZATION (50%)

  • Work with GS asset managers and third party property managers to create a plan for each property surrounding energy reduction initiatives. Ensure all initiatives are identified and budgeted for implementation at the appropriate stage in the asset lifecycle, and provide attractive returns

  • Ensure that building systems are operating efficiently and that optimization techniques are fully realized

  • Provide support to building engineers and property managers through regular calls, visits, and touch points

  • Identify appropriate vendors for each region that can assist in implementation and conduct introductions and hand-off calls

  • Conduct site visits for strategic assets and stay up to date on the portfolio make recommendations for improvement, drive implementation, and track performance

ESG PROGRAM STRATEGY (30%)

  • Work with MBD and ESG Leadership to develop standard protocol documents for asset-level integration. Identify gaps and create new programs and documentation for areas of opportunity

  • Work with the ESG team to develop and implement comprehensive sustainability asset management plans that will be deployed via property managers and trusted vendors

  • Serve as the data analytics expert when designing, collecting, and reporting on environmental sustainability; use data to set baselines, establish achievable goals, and monitor progress (e.g. carbon, energy, and cost reductions)

  • Oversee the procurement and contracting with external vendors, when necessary

  • Manage vendors, including third party Property Managers, contractors and project-specific consultants to ensure ESG integration at the asset level and achievement of ESG business plan goals

  • Participate in team discussions regarding other environmental efforts, including water reduction, waste diversion, and physical climate risk and resiliency strategies, by asset type and location

  • Consult on new development projects

OTHER (20%)

  • Establish and maintain positive working relationships with all stakeholders across the real estate lifecycle including the acquisition teams, asset management teams, portfolio management teams, and investor relations

  • Contribute to the development of case studies that will be used to educate and demonstrate value of ESG programs

  • Reporting

  • Track and measure environmental impact; align to industry best practices and science based standards

  • Develop, maintain and oversee accurate and tangible reporting at the asset and fund level

  • Work with ESG team to identify and on-board division wide sustainability reporting software solutions

  • Education & Innovation

  • Represent the group at conferences, roundtables and industry-related events

  • Research and evaluate market tools and products to achieve goals. Analyze new technologies and approaches. These include, energy procurement options, energy efficiency tools, renewable energy strategies and procurement/purchase options, etc.

  • Train and educate key stakeholders through clear communication and strategies

  • Conduct peer reviews and research to identify leading sustainability program

KEY COMPETENCIES

  • Knowledge of the key mechanical components of commercial real estate and experience working on office, industrial, multi-family, and retail is a must. Other asset types (e.g. student housing, senior living, storage, data storage, etc.) is a plus, but not required

  • Technical understanding of critical systems: HVAC, Lighting, BAS, EMS, irrigation, roofs, power distribution, plumbing, etc.

  • Experience, knowledge and contacts within sustainability, real estate, and investment communities

  • Knowledge of Energy Star, LEED, WELL, navigating tax incentive programs related to solar and other practices

  • Familiarity with widely-recognized sustainability reporting frameworks and best practices is a plus, but not required. These include: GRESB, Global Reporting Initiative (GRI), the Taskforce on Climate-Related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB), the Carbon Disclosure Project (CDP) and others

  • Passion for sustainability and proving concept of the triple bottom-line

  • Ability to track progress of multiple projects simultaneously and work with multiple stakeholders to drive programs to completion

  • Financial acumen

  • Strong organizational skills

  • Entrepreneurial spirit

  • Strong attention to detail

JOB REQUIREMENTS

  • Bachelors in Sustainability, Energy Management or Engineering

  • Minimum of 5 years' experience with engineering or energy and sustainability for commercial real estate

  • Ability to read and interpret architectural and mechanical plans as well as equipment schedules

  • Ability to perform sustainability calculations (e.g. GHG emissions)

  • Strong communication skills (verbal and written). Ability to make technical information and proposed solutions easily understood to drive buy-in and engagement at all levels

  • Ability to work in a fast paced, consensus driven environment

  • Travel 25%

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Merchant Banking Division Multifamily Real Estate Asset Management Analyst Dallas

Goldman Sachs

Posted 3 days ago

VIEW JOBS 2/21/2020 12:00:00 AM 2020-05-21T00:00 MORE ABOUT THIS JOB MERCHANT BANKING We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing. RESPONSIBILITIES AND QUALIFICATIONS We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing. RESPONSIBILITIES AND QUALIFICATIONS Goldman Sachs & Co, located in Dallas, TX seeks an Analyst to join the Multifamily Real Estate Asset Management group within the Merchant Banking Division (MBD) which supports real estate investing across the U.S. Responsibilities: * Support asset managers on existing portfolios of multifamily assets * Key responsibilities includes modeling, business plan preparation and execution, developing monthly cash flow projections, support leasing strategy, collect financials and review budgets, prepare monthly and/or quarterly reporting, and work- with third parties, including operating partners, brokers and property management companies * Assist with dispositions, including writing investment committee memorandums, finalizing models, and/or calculating waterfall returns * Research/evaluate market trends, rental rates and occupancy trends to update investment assumptions within models (in advanced Excel) * Assist with sale, leasing and disposition efforts of real estate assets including transaction management and closing supports * Collaborate and work closely with counterparties including, third party vendors, operating partners, property management companies, as well as internal stakeholders, such as accounting, legal and compliance that support business * Conduct in depth market and portfolio analyses; understand industry trends * Maintain performance reports for internal tracking and reporting Qualifications: * Strong academic background - finance, real estate, accounting or math background preferred * Minimum 1 year of asset management and transaction experience with Multifamily real estate * Solid modeling skills, analytical / logical mindset and attention to detail * Strong written and verbal communication skills (clear, concise, and confident) with the ability to manage internal and external relationships * Must have MS Office Excel experience to an advanced level * Must have PowerPoint experience * Self-motivated * Ability to work both autonomously and in a team setting ABOUT GOLDMAN SACHS 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: https://www.goldmansachs.com/careers/footer/disability-statement.html © The Goldman Sachs Group, Inc., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity Goldman Sachs Dallas TX

Merchant Banking Division, Real Estate, ESG Engineer, Vice President- Dallas

Goldman Sachs