Associate, Risk, Credit Risk (Global Banking & Markets – Private Equity Funds)

Opportunity Overview

Risk, Credit Risk- Global Banking & Markets – Private Equity Funds, Associate

Divisional Overview:

The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and insurance 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.

Department Overview:

Credit Risk (CR) is a central part of Goldman Sachs' risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CR is staffed globally with offices including New York, London, Salt Lake City, Dallas, Warsaw, Bengaluru, Hong Kong and Tokyo. CR professionals with expertise in financial, credit and risk analysis work closely with many areas of the Firm as well as clients, offering a unique opportunity to gain a broad perspective on the activities of the Firm. CR partners with other divisions in the firm and externally with clients to support the Firm’s wide array of banking and trading businesses. CR professionals are part of the value proposition of the Firm and balance our key functional responsibility of control with that of being commercial. CR has strong traditions of risk management, client service excellence, and career development opportunities for our people.

Responsibilities

• Evaluating credit risk aspects of fund financial performance and ratings profile, focusing on the credit and financial strength of the firm's Private Equity fund counterparts performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Providing insights and analysis to senior credit risk management on specific loans, broader portfolio information and product risk assessment.
• Assess transactions across Derivatives & Funding businesses. Leverage quantitative models and stress tests to opine on initial margin.
• Reviewing and approving risk taking in the various lending products both at initial underwriting and management of risk through the life of the loan.
• Drive risk conversations with respective trading and sales teams (OTC derivatives, repo, etc)

Basic Qualifications:

• 3-5 years of experience in a finance, markets, or risk role.
• Significant knowledge of capital markets, including secured loan products, with experience of fund lending preferred.
• Demonstrable track record of independent decision making.
• Strong attention to detail. Excellent analytical and communication skills.

Competencies:

• Functional Expertise and Technical Skills – Knowledge of financial markets and portfolio risk management. Appropriate financial/analytical skills.

• Client and Business Focus - Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectations.

• Teamwork – Strong team player, works well under pressure, and collaborates with others across teams and business units.

• Communication Skills - Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates 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 analyzes complex issues.

• Creativity and Influence - Looks for new ways to improve current processes and develop creative solutions with practical value.

• Continuous Development - Values constant self-improvement and learning.

• We Offer Best-In-Class Benefits

• Healthcare & Medical Insurance

• We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

• Holiday & Vacation Policies

• We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

• Financial Wellness & Retirement

• We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

• Health Services

• We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

• Fitness

• To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

• Child Care & Family Care

• We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

• Benefits at Goldman Sachs

• Read more about the full suite of class-leading benefits our firm has to offer.

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