At a Glance
- Tasks: Analyse corporate credit risk and support financial transactions with a focus on lending and derivatives.
- Company: Join Goldman Sachs, a leading global investment banking firm with a commitment to diversity.
- Benefits: Enjoy professional development, wellness programs, and a supportive work environment.
- Why this job: Make an impact in risk management while collaborating with top professionals in finance.
- Qualifications: 3+ years in credit risk management and experience with investment banking products required.
- Other info: Dynamic team culture with opportunities for growth and innovation.
The predicted salary is between 43200 - 72000 £ per year.
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Corporate Credit Risk manages a portfolio of corporate lending and derivatives trading clients and ensures best in class execution of transactions and ongoing portfolio management.
We are looking for a highly motivated individual who is able to deliver credit risk analysis on corporate transactions, on the basis of a thorough understanding of credit fundamentals, leveraged capital structures, and risks associated with lending and derivatives products. You will be responsible, from a Credit Risk standpoint, for a portfolio of EMEA Corporate clients, and you will be expected to manage it on the basis of a deep understanding of credit fundamentals, market trends, impact of changing regulation requirements, and risks associated with lending and derivatives products transactions.
The Risk Division is a team of specialists charged with managing the firm's risk and providing the overall financial control and reporting functions. 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.
RESPONSIBILITIES
- Assist in assessing the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit analysis using both quantitative and qualitative factors.
- Support the review of lending and underwriting transactions, contributing to the determination of risk appetite and regulatory ratings, by analysing cash flow projections and key documentation protection.
- Contribute to regular sector analysis to help assess portfolio concentrations or trends.
- Collaborate with Investment Banking/Financing group, Sales & Trading, Legal, Operations, and Compliance departments to support the approval of derivatives business and ensure appropriate documentation, limits, and risk mitigants to protect against counterpart default and minimise potential losses.
- Analyse the risks inherent in the products transacted by the firm, including lending, trading, and derivative products.
- Support the management of relationships with other areas of the firm, including Investment Banking, Asset Management, Global Markets, Controllers, Treasury, Legal, Compliance, and Technology.
BASIC QUALIFICATIONS
- Minimum of 3 years of credit risk management experience, with a background in corporate credit risk.
- Experience in investment banking products including loan products and derivatives.
- Demonstrable ability to contribute to independent decision-making processes and support client and business negotiations.
- Familiarity with regulatory rating requirements and application of such guidance.
- Strong documentation (loan and/or derivatives), analytical, presentational, and communication skills required.
- Ability to work effectively within a diverse deal team, taking guidance from and supporting senior members of the team.
- Ability to communicate clearly and concisely within the firm.
COMPETENCIES
- Functional Expertise - Actively learns and keeps up-to-date with relevant business, economic, and market trends.
- Technical Skills - Demonstrates foundational technical skills required for the role, pays attention to details, and takes initiative to broaden knowledge and apply financial/analytical skills.
- Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve performance, works diligently towards challenging goals, and persists in the face of obstacles or setbacks.
- Client and Business Focus - Effectively responds to requests, builds trusting relationships with colleagues and clients, helps identify/define needs, and manages expectations.
- Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members, and acknowledges contributions.
- Communication Skills - Communicates relevant information in a clear and concise manner, shares information/new ideas, and escalates issues appropriately.
- Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, seeks alternative solutions, and identifies clear objectives. Analyses complex issues.
- Creativity/Innovation - Looks for new ways to improve current processes and develops creative solutions that are practical.
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.
Risk, Corporate Credit Risk, Analyst, London employer: Goldman Sachs, Inc.
Contact Detail:
Goldman Sachs, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk, Corporate Credit Risk, Analyst, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and risk management sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its recent projects, especially in credit risk. Be ready to discuss how your experience aligns with their needs. Practise common interview questions and think of examples that showcase your skills in credit analysis and teamwork.
✨Tip Number 3
Showcase your analytical skills! During interviews, highlight specific instances where you’ve successfully assessed credit risk or contributed to decision-making processes. Use data and examples to back up your claims – numbers speak volumes in this field!
✨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. Keep an eye on our careers page for the latest opportunities!
We think you need these skills to ace Risk, Corporate Credit Risk, Analyst, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Corporate Credit Risk Analyst. Highlight your experience in credit risk management and any relevant skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk and how your skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight your analytical skills in both your CV and cover letter. Share specific examples of how you've successfully assessed creditworthiness or managed risk in previous roles.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at Goldman Sachs, Inc.
✨Know Your Credit Fundamentals
Make sure you brush up on your understanding of credit fundamentals, especially as they relate to corporate transactions. Be prepared to discuss how you would assess the creditworthiness of corporate borrowers and the factors that influence lending decisions.
✨Showcase Your Analytical Skills
During the interview, highlight your experience with both quantitative and qualitative analysis. Be ready to provide examples of how you've used these skills in past roles, particularly in assessing cash flow projections and risk appetite.
✨Understand Market Trends
Familiarise yourself with current market trends and regulatory changes that impact credit risk management. This will not only show your proactive approach but also your ability to adapt to the evolving landscape of corporate credit risk.
✨Emphasise Team Collaboration
Since the role involves working closely with various departments, be prepared to discuss your teamwork experiences. Share specific instances where you collaborated effectively with others, highlighting your communication skills and ability to support senior team members.
