At a Glance
- Tasks: Assess credit strength and manage risk for corporate clients in emerging markets.
- Company: Join a leading financial firm with a commitment to diversity and inclusion.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with exposure to various departments and projects.
- Why this job: Make an impact by managing risks that affect the firm's success.
- Qualifications: Degree in economics or finance preferred; 2 years of risk or finance experience.
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, 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.
- 2–2 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.
Equal Employment Opportunity
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, 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 opportunities for growth within a robust risk management programme. The company's commitment to employee development, coupled with its inclusive culture, makes it an attractive place for those seeking meaningful and rewarding careers in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk, Counterparty Credit Risk, Analyst, London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Goldman Sachs, Inc. looking for candidates who are engaged and informed.
We think you need these skills to ace Risk, Counterparty Credit Risk, Analyst, London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Goldman Sachs, Inc.. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Goldman Sachs, Inc.
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Goldman Sachs, Inc.’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
