Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assess financial strength of counterparties and manage credit exposure across trading products.
- Company: Join Goldman Sachs, a leading global investment banking firm with a diverse culture.
- Benefits: Enjoy competitive salary, health insurance, fitness perks, and professional development opportunities.
- Why this job: Make a real impact in risk management while collaborating with top professionals in finance.
- Qualifications: 3+ years in credit risk management and strong knowledge of financial markets required.
- Other info: Dynamic work environment with excellent career growth and diverse projects.
The predicted salary is between 43200 - 72000 £ per year.
The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and capital risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.
Credit Risk works closely with the CRO / senior management to manage Goldman Sachs’ credit risk. Credit professionals protect the firm’s capital by using in-depth knowledge of our clients, markets, and trading products to make decisions on acceptable levels of the firm’s risk appetite. Staffed with 300 professionals, Credit Risk operates through 11 different offices around the world. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions.
Credit Risk (CR) is responsible for managing the firm’s credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm’s risk appetite. Credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
THE ROLE & RESPONSIBILITIES
- Assessing the financial strength of counterparties through counterparty due diligence, financial analysis, and market analysis; and summarizing your views to formulate risk rating recommendations.
- Setting credit exposure appetite across trading products utilizing internal exposure methodologies.
- Developing a good high level working knowledge of methods used to model and monitor credit risk across various products.
- Leveraging the knowledge to assess transaction and portfolio-level risk of counterparties.
- Work in collaboration with other divisions (such as Sales, Trading, Legal, Client Onboarding).
- Analysing potential exposure and approving collateral levels.
- Taking a broad view of risks and escalating material issues to seniors.
- Involvement in multiple projects (with strong cooperation with other teams and divisions, as well as regions); Active engagement in the negotiation of trading documentation to ensure adequate risk mitigants are in place.
EXPERIENCE & SKILLS REQUIRED
- 3 years+ Credit risk management experience
- Strong knowledge of financial markets
- Understanding of various derivatives
- Familiarity with macroeconomics and the latest global trends
- Interest in Fund industry
- Interest in Corporate or Banking industry would be an asset
- Python experience would be an asset
- Good knowledge of Microsoft Excel, and PowerPoint
- Ability to perform under pressure
- Intellectual curiosity and self-motivation
- Fluent English is a must (additional language would be an asset)
- Strong interest in client interaction and relationship management.
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. 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.
Risk, Hedge Fund Credit Risk, Associate, London London · United Kingdom · Associate in City of London employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk, Hedge Fund Credit Risk, Associate, London London · United Kingdom · Associate in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect with alumni. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to credit risk. Use mock interviews with friends or mentors to build confidence and get feedback on your responses.
✨Tip Number 3
Showcase your skills! Bring examples of your work or projects that highlight your expertise in credit risk management. This will help you stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Goldman Sachs.
We think you need these skills to ace Risk, Hedge Fund Credit Risk, Associate, London London · United Kingdom · Associate in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in credit risk management and financial markets. Use keywords from the job description to show that you understand what we're looking for.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about the role and how your skills align with our needs. Be genuine and let your personality shine through while keeping it professional.
Showcase Your Analytical Skills: Since the role involves assessing financial strength and risk, include examples of how you've successfully analysed data or made decisions based on your findings. We love seeing your thought process!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're serious about joining our team.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Numbers
Make sure you brush up on your financial analysis skills. Be prepared to discuss credit exposure, risk ratings, and how you assess the financial strength of counterparties. Having specific examples from your past experience will show that you can apply your knowledge effectively.
✨Understand the Role
Familiarise yourself with the key responsibilities of the Credit Risk Associate position. This includes understanding trading products, collateral levels, and the importance of collaboration with other divisions. Showing that you grasp the nuances of the role will impress your interviewers.
✨Showcase Your Curiosity
Demonstrate your intellectual curiosity by discussing recent trends in the financial markets or macroeconomic factors that could impact credit risk. This shows that you're not just knowledgeable but also genuinely interested in the field, which is crucial for a role that requires constant learning.
✨Practice Your Soft Skills
Since this role involves client interaction and relationship management, be ready to showcase your communication skills. Prepare examples of how you've successfully collaborated with teams or managed client relationships in the past. This will highlight your ability to work well in a collaborative environment.
