At a Glance
- Tasks: Manage credit risk and enhance governance processes in a dynamic financial environment.
- Company: Leading financial firm with a focus on risk management and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative culture with diverse projects and excellent growth potential.
- Why this job: Join a team that shapes the future of credit risk management and drives impactful change.
- Qualifications: Strong analytical skills, attention to detail, and experience in risk management.
The predicted salary is between 63000 - 77000 £ per year.
RISK Our Risk teams develop 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 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.
THE ROLE help translate them into practical governance and control expectations.
Drive enhancements to industry-specific rating models and methodologies, partnering with subject matter experts, quantitative model developers and regulatory affairs teams to support alignment with IRB requirements and market best practice.
Contribute the end-to-end process of preparing, documenting, and submitting formal regulatory notifications to the PRA and other competent authorities for material and non-material changes to Rating Systems.
Conduct rigorous compliance assessments of proposed changes to rating models, credit risk processes, and data infrastructures to ensure strict adherence to PRA IRB rules and CRR requirements.
Partner closely with Model Development, Independent Validation, and Internal Audit teams to review rating system performance, address deficiencies, and ensure a cohesive approach to model risk governance.
Develop clear templates, standards, guidelines and key performance indicators to monitor the rating framework and support reporting to senior management and governance committees.
Lead or contribute to EMEA-specific and global regulatory engagements relating to Credit Risk governance and rating systems.
Provide strategic input into WCR policies, standards and procedures, helping ensure they are accurate, consistent and fit for purpose.
Identify and communicate key risks, coordinate remediation plans with stakeholders and track issues through to closure.
EXPERIENCE
Wanted: Risk, Credit Risk, Credit Governance, Vice President, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
