VP of Small Business and CDFI Lending

Company: Goldman Sachs

Location: New York, NY

Job Function: Lending/Loan Operations


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.
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The Urban Investment Group (UIG) Acquisitions team within the Asset Management Division (AMD) seeks a Vice President to focus on providing access to capital for small businesses and on signature firmwide initiatives including 10,000 Small Businesses and One Million Black Women.

UIG is a principal investing and lending platform that seeks to drive double bottom line returns by investing in underserved communities across the United States. The team provides financing to mission-aligned student and small business lenders and makes impact investments in real estate. Since 2001, UIG has committed $15 billion to create access to affordable housing, healthcare, education, and capital for low-income people and small businesses.  In addition, UIG works closely with GS Bank USA’s Community Reinvestment Act (CRA) Officer to manage the CRA Community Development Lending and Investing strategy.



Key responsibilities of the VP includes:

  • Develop and nurture relationships with private, public sector, and non-profit partners, many of which are Community Development Financial Institutions (CDFIs)
  • Execute deals, which includes sourcing opportunities, underwriting, negotiating term sheets and legal documents, presenting to internal investment committee, and working with various internal teams such as Legal, Credit Compliance, Controllers, and Tax
  • Work with the asset management team for investments, including monitoring facility deployment, tracking performance and portfolio risk, and working with partners to implement amendments and waivers
  • Manage programmatic components of the 10,000 Small Businesses Access to Capital program, including preparing monthly dashboards and coordinating closely with the Office of Corporate Engagement, Office of Governmental Affairs, and with Branding and Corporate Communications
  • Build and maintain strong relationships with existing partners through frequent client calls and industry conference attendance.  Participate in industry-wide initiatives to build capacity of small business and CDFI lenders
  • Act as a mentor and teacher to others on the team, particularly analysts and associates



  • Passion for impact investing and familiarity with the CDFI industry
  • Demonstrated leadership skills, strategic thinker, and ability to work independently
  • Ability to successfully adapt to change, manage conflicting agendas, and navigate complex relationships, transactions and deal structures
  • Demonstrated analytical skills and mastery of Microsoft Excel, Word, and Power Point.  Must be capable of designing and producing reports to the firm’s most senior leaders
  • Strong verbal and written communication skills
  • Strong client engagement skills
  • Desire to work as part of an inclusive and diverse team
  • At least 7+ years of work experience in lending and/or program management. Experience with mission-driven lenders is a plus but not required

Compensation and Benefits

Competitive compensation and benefits.

How to Apply