Goldman Sachs
Risk, Credit Risk, Structured Finance/Commercial Real Estate, Associate, Salt La
Goldman Sachs, Salt Lake City, Utah, United States, 84193
Overview
The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, and operational risk. The role supports credit analysis and risk management activities across Structured Finance and Commercial Real Estate (CRE) lending and trading counterparties. The division seeks collaborative individuals with strong ethics and attention to detail. Responsibilities
Approve counterparty credit research reviews and analysis conducted by analysts on Structured Finance and CRE/REIT financing transactions Analyze all credit facilities of portfolio counterparties and recommend internal credit ratings and regulatory risk ratings Present findings and recommendations to senior leadership and address questions relating to analysis; escalate issues to CR senior management as needed Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management Update and maintain existing internal rating methodology for Structured Finance and CRE/REIT financing facilities 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 Other Key Responsibilities Include
Coordinate with global GS Risk teams and with other divisions Support key Risk governance and approval committees Participate in regulatory examinations Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field Seven (7) or more years of experience in the job offered or a related role Preferred Qualifications
Experience in underwriting, credit rating/research, and risk management in Structured Finance (warehouse and asset-backed financings), CRE lending, and/or REIT corporate financing Experience presenting and defending credit research 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 effectively with colleagues in other regional offices Strong organizational skills and ability to manage multiple assignments concurrently Competencies
Functional Expertise – Keeps up-to-date with emerging business, economic, and market trends Technical Skills – Demonstrates strong technical skills, pays attention to detail, and conducts financial/analytical work Drive and Motivation – Handles multiple tasks and pursues challenging goals Client and Business Focus – Builds trust with clients and manages expectations Teamwork – Collaborates across teams and encourages contributions Communication Skills – Communicates clearly and escalates as appropriate Judgment and Problem Solving – Analyzes complex issues and plans contingencies Creativity/Innovation – Looks for practical process improvements Influencing Outcomes – Presents persuasive recommendations 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 opportunities to grow professionally and personally, from 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 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.
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The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, and operational risk. The role supports credit analysis and risk management activities across Structured Finance and Commercial Real Estate (CRE) lending and trading counterparties. The division seeks collaborative individuals with strong ethics and attention to detail. Responsibilities
Approve counterparty credit research reviews and analysis conducted by analysts on Structured Finance and CRE/REIT financing transactions Analyze all credit facilities of portfolio counterparties and recommend internal credit ratings and regulatory risk ratings Present findings and recommendations to senior leadership and address questions relating to analysis; escalate issues to CR senior management as needed Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management Update and maintain existing internal rating methodology for Structured Finance and CRE/REIT financing facilities 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 Other Key Responsibilities Include
Coordinate with global GS Risk teams and with other divisions Support key Risk governance and approval committees Participate in regulatory examinations Basic Qualifications
Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field Seven (7) or more years of experience in the job offered or a related role Preferred Qualifications
Experience in underwriting, credit rating/research, and risk management in Structured Finance (warehouse and asset-backed financings), CRE lending, and/or REIT corporate financing Experience presenting and defending credit research 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 effectively with colleagues in other regional offices Strong organizational skills and ability to manage multiple assignments concurrently Competencies
Functional Expertise – Keeps up-to-date with emerging business, economic, and market trends Technical Skills – Demonstrates strong technical skills, pays attention to detail, and conducts financial/analytical work Drive and Motivation – Handles multiple tasks and pursues challenging goals Client and Business Focus – Builds trust with clients and manages expectations Teamwork – Collaborates across teams and encourages contributions Communication Skills – Communicates clearly and escalates as appropriate Judgment and Problem Solving – Analyzes complex issues and plans contingencies Creativity/Innovation – Looks for practical process improvements Influencing Outcomes – Presents persuasive recommendations 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 opportunities to grow professionally and personally, from 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 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.
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