At a Glance
- Tasks: Analyse credit risk and manage financial exposure for trading and lending activities.
- Company: Join Goldman Sachs, a leading global investment banking firm.
- Benefits: Competitive salary, diverse experience, and opportunities for professional growth.
- Other info: Gain insights into emerging markets and develop strong analytical skills.
- Why this job: Make an impact in a dynamic environment while collaborating with top professionals.
- Qualifications: Degree in economics or finance preferred; experience in risk or finance roles is a plus.
The predicted salary is between 50000 - 70000 £ per year.
RISK Our Risk division develops comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.
COUNTERPARTY CREDIT RISK Credit Risk 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. This business is ideal for collaborative individuals who have strong ethics and attention to detail. 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.
RESPONSIBILITIES
- Assess the credit and financial strength of the firm's corporate, sovereign and financial institution clients across the Emerging Markets (CEEMEA region) by performing fundamental credit analysis using both quantitative and qualitative factors.
- Coordinate with Global Banking and Markets (GBM) and other departments to review and approve derivative, funding and lending transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses.
- Proactively monitor and assess counterparties and industry / country portfolios and report relevant information to senior management in a timely manner.
- Develop and manage relationships with colleagues from the broader Risk division as well as with other areas of the firm.
- Prepare credit views for Risk Committees.
- Perform sector analysis regularly in order to assess portfolio concentration or trends.
- Monitor, manage and report exposures at a counterparty, product and portfolio level.
SKILLS AND EXPERIENCE REQUIRED
- Bachelor's degree in economics or finance preferred, though not essential.
- 2-3 years of experience in a risk or finance role (1st or 2nd line) ideally involving corporate credit analysis.
- Experience in coverage of emerging markets would be an advantage but is not essential.
- Some knowledge of derivatives, funding, and lending products.
- Experience in negotiating trading documentation (ISDA, GMRA).
- Strong interest in financial markets and economic / geopolitical developments.
- Up-to-date with emerging business, economic, and market trends.
- Excellent analytical, communication, and organizational skills required.
- Ability to work flexibly in teams and manage a varied workload to meet deadlines.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Risk, Counterparty Credit Risk, Analyst, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in London where risk professionals can thrive. With a strong emphasis on collaboration and ethical practices, employees benefit from diverse financial experiences and extensive growth opportunities within the Risk division. The company's commitment to employee development, coupled with its robust risk management program, ensures that team members are well-equipped to navigate the complexities of the financial landscape.
