Goldman Sachs
Risk, Credit Risk, Vice President, Salt Lake City
Goldman Sachs, Salt Lake City, Utah, United States, 84193
Overview
Risk, Credit Risk, Vice President, Salt Lake City — Goldman Sachs Job Description
CRG – VP, Global Risk. The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Key Responsibilities
Approve counterparty research reviews and internal credit ratings analysis conducted by analysts. Assess industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness. Use financial models to assess a counterparty’s ability to service its debt through cash flow projections. Analyze performance relative to budget and underwriting expectations and adherence to covenants. Analyze all credit facilities of portfolio counterparties and recommend Regulatory Risk Ratings. Present findings and recommendations to senior leadership; escalate issues to CR senior management. Lead ongoing surveillance and prepare portfolio observations for senior management. Update and maintain existing internal rating methodology. Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed. Provide industry-specific training and review process training to new hires and junior analysts. Opportunity to work on industry teams such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications. Other Key Responsibilities
Coordinate with global GS Risk teams and with other divisions, including Investment Banking, Asset Management, Controllers, and Operations. Support key Risk governance and approval committees. Participate in regulatory examinations. Qualifications
Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field. Eight (8) years of experience in the job offered or a related role. Preferred Qualifications
Experience in financial models including future projections and valuation methods (e.g., DCF, multiple-based approaches). Experience in presenting and defending research reports and findings to colleagues, senior management and internal stakeholders. Experience in a team environment, including training junior colleagues and peers. Strong analytical and communication skills, both oral and written. Ability to work with colleagues in other regional offices; strong teamwork and collaboration. Flexibility and ability to learn quickly; strong organizational skills to manage multiple assignments. About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve 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 are committed to fostering and advancing diversity and inclusion in our workplace. We offer training and development opportunities, firmwide networks, benefits, wellness and personal finance offerings. 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. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales
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Risk, Credit Risk, Vice President, Salt Lake City — Goldman Sachs Job Description
CRG – VP, Global Risk. The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Key Responsibilities
Approve counterparty research reviews and internal credit ratings analysis conducted by analysts. Assess industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness. Use financial models to assess a counterparty’s ability to service its debt through cash flow projections. Analyze performance relative to budget and underwriting expectations and adherence to covenants. Analyze all credit facilities of portfolio counterparties and recommend Regulatory Risk Ratings. Present findings and recommendations to senior leadership; escalate issues to CR senior management. Lead ongoing surveillance and prepare portfolio observations for senior management. Update and maintain existing internal rating methodology. Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed. Provide industry-specific training and review process training to new hires and junior analysts. Opportunity to work on industry teams such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications. Other Key Responsibilities
Coordinate with global GS Risk teams and with other divisions, including Investment Banking, Asset Management, Controllers, and Operations. Support key Risk governance and approval committees. Participate in regulatory examinations. Qualifications
Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field. Eight (8) years of experience in the job offered or a related role. Preferred Qualifications
Experience in financial models including future projections and valuation methods (e.g., DCF, multiple-based approaches). Experience in presenting and defending research reports and findings to colleagues, senior management and internal stakeholders. Experience in a team environment, including training junior colleagues and peers. Strong analytical and communication skills, both oral and written. Ability to work with colleagues in other regional offices; strong teamwork and collaboration. Flexibility and ability to learn quickly; strong organizational skills to manage multiple assignments. About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve 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 are committed to fostering and advancing diversity and inclusion in our workplace. We offer training and development opportunities, firmwide networks, benefits, wellness and personal finance offerings. 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. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales
#J-18808-Ljbffr