At a Glance
- Tasks: Analyse credit risk in emerging markets and collaborate with various departments.
- Company: Join Goldman Sachs, a leading global investment banking firm.
- Benefits: Gain valuable experience, competitive salary, and diverse career opportunities.
- Other info: Ideal for detail-oriented, collaborative individuals passionate about financial markets.
- Why this job: Make an impact in risk management while working in a dynamic environment.
- 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.
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.
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, Credit Risk 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, Credit Risk 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.
- 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.
Risk, Credit Risk – Emerging Markets, Analyst, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in London where collaboration and ethical practices are at the forefront. Employees benefit from diverse financial experiences, robust professional development opportunities, and a culture that values attention to detail and proactive engagement with various departments. The firm's commitment to employee growth and its inclusive workplace make it an attractive choice for those seeking meaningful and rewarding careers in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Risk, Credit Risk – Emerging Markets, Analyst, London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs Group, Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk, Credit Risk – Emerging Markets, Analyst, London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs Group, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs Group, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs Group, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs Group, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs Group, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
