Live opening · Posted 7 days ago
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Risk, Credit Risk-Corporates, Vice President
Divisional Overview
The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, and operational risk. 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. https://www.goldmansachs.com/careers/divisions/risk/index.html
Credit Risk (CR) 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. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and 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.
Responsibilities
Assess the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
Review and approve loan transactions, determine appetite and regulatory ratings, monitor credit trends in the portfolio, perform distressed analysis and estimate potential impairments
Analyze the credit implications on corporate clients of various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases
Coordinate with Investment Banking/Financing group, Sales & Trading, Legal, Operations and Compliance departments to approve derivatives business and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses
Analyze the risks inherent in the products GS transacts, including lending, trading and derivative products
Perform sector analysis regularly in order to assess portfolio concentration or trends
Monitor, manage and report exposures at a counterpart, product and portfolio level
Basic Qualifications
Minimum of [6] years of credit risk management experience, with a background in corporate credit risk
Significant experience in investment banking products including loan products and derivatives
Demonstrable track record of independent decision making and the ability to steer client and business negotiations
Strong familiarity with regulatory rating requirements and application of such guidance
Strong documentation (loan and/or derivatives), analytical, presentational and communication skills required
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