Risk, Credit Risk - London, United Kingdom - Goldman Sachs

Description

DIVISION The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Credit Risk, a department within the Risk business, works closely with Global Banking and Markets, Asset and Wealth Management and other functions of the control businesses to manage Goldman Sachs' credit risk. Credit professionals protect the firm's capital by using in-depth knowledge of our clients credit fundamentals, credit risk mitigants, lending and trading products to make decisions on acceptable level of firm's risk appetite. Credit Risk operates through 10 different offices around the world and is organized by different industry groups including Corporates, Funds, Financial Institutions, Asset Financing and Private Client. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions. RESPONSIBILITIES

Assess the credit and financial strength of the firm's borrowers and counterparts by performing fundamental credit analysis using both quantitative and qualitative factor

Review lending and derivative underwriting transactions, determine risk appetite and regulatory ratings, having developed an independent view of cash flow projections and of key documentation protection

Perform sector analysis regularly in order to assess portfolio concentrations or trends.

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

Analyse the risks inherent in the products GS transacts, including lending, trading and derivative products

Develop and manage relationships with other areas of the firm, including Global Banking & Markets, Asset and Wealth Management, Controllers, Treasury, Legal, Compliance and Technology

BASIC QUALIFICATIONS

Minimum of 2 years of credit risk management experience, with a background in Natural Resources / Commodities focused credit risk

Significant experience in investment banking and trading 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 derivatives), analytical, presentational and communication skills required

Must be able to work collaboratively within a team environment with strong prioritization skills

Must be able to communicate at the most senior levels

COMPETENCIES

Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends

Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills

Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks

Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations

Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions

Communication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriate

Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues

Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value

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 /careers. We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.