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
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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
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.
