Goldman Sachs Bank AG
Risk, Credit Risk, Analyst, New York New York · · Senior Analyst
Goldman Sachs Bank AG, New York, New York, us, 10261
Overview
Title: Analyst Divisional Overview The Risk Division is a team of specialists charged with managing the firmâs credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firmâs counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firmâs success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. The Credit Risk (CR) division is responsible for managing the firmâs 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 firmâs risk appetite. CR is staffed with more than 300 professionals, operates through 11 offices worldwide, and provides opportunities to gain diverse financial experience and a broad perspective on how the entire firm functions through interaction with numerous departments and a range of projects. 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 provide recommendations for 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 to assess portfolio concentration or trends Monitor, manage and report exposures at a counterpart, product and portfolio level Basic Qualifications
1-5 years of credit risk management experience, with a background in corporate credit risk Experience in investment banking products including loan products and derivatives is preferred Familiarity with regulatory rating requirements and application of such guidance is preferred; strong analytical, presentational and communication skills are required 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. 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. About Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.
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Title: Analyst Divisional Overview The Risk Division is a team of specialists charged with managing the firmâs credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firmâs counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firmâs success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. The Credit Risk (CR) division is responsible for managing the firmâs 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 firmâs risk appetite. CR is staffed with more than 300 professionals, operates through 11 offices worldwide, and provides opportunities to gain diverse financial experience and a broad perspective on how the entire firm functions through interaction with numerous departments and a range of projects. 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 provide recommendations for 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 to assess portfolio concentration or trends Monitor, manage and report exposures at a counterpart, product and portfolio level Basic Qualifications
1-5 years of credit risk management experience, with a background in corporate credit risk Experience in investment banking products including loan products and derivatives is preferred Familiarity with regulatory rating requirements and application of such guidance is preferred; strong analytical, presentational and communication skills are required 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. 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. About Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.
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