Goldman Sachs Bank AG
Risk, Credit Risk (Global Banking & Markets: PE Funds, NBFI, Private Credit & As
Goldman Sachs Bank AG, Dallas, Texas, United States, 75215
Risk, Credit Risk (Global Banking & Markets: PE Funds, NBFI, Private Credit & Asset Secured Lending), Vice President, Dallas location_on Dallas, Texas, United States
Opportunity Overview sitemap_outline CORPORATE TITLE Vice President language OFFICE LOCATION(S) Dallas assignment JOB FUNCTION Credit Risk account_balance DIVISION Risk Division
Divisional Overview The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, and operational 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. https://www.goldmansachs.com/careers/divisions/risk/index.html
Credit Risk (CR) is responsible for managing the firm’s 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 firm’s risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
Evaluate credit risk aspects of private equity fund and NBFI counterpart financial performance and ratings profiles, focusing on the credit and financial strength of counterparts, performing fundamental credit analysis using both quantitative and qualitative factors.
Review and approve loan transactions, determine credit appetite and regulatory ratings, perform distressed analysis and estimate potential impairments at the transaction level, and monitor credit trends in the portfolio on an ongoing basis.
Provide insights and analysis to CR senior management on specific loans, broader portfolio information and product risk assessment.
Monitor, manage and report exposures at counterpart, product and portfolio levels.
Perform ongoing sector analysis to assess portfolio concentration and trends.
Work closely with business teams in Global Banking & Markets to actively risk manage the asset secured loan portfolio through market cycles.
Basic Qualifications
5-10 years of credit risk management experience.
Experience with private equity funds or NBFI counterparts and secured fund lending products is preferred.
Demonstrable track record of independent decision making, strong communication skills, displaying stature while communicating with team and at senior levels.
Strong analytical and presentation skills required.
Previous experience with leading and motivating a diverse team, providing guidance to and supervision of junior members of the team.
Bachelor’s degree in business or finance preferred.
Functional Expertise and Technical Skills – Demonstrates deep knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills.
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 in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating 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 analyzes complex issues.
Creativity and Influence – Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value. Takes a position on issues and influences others’ opinions by presenting persuasive recommendations.
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.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr
Opportunity Overview sitemap_outline CORPORATE TITLE Vice President language OFFICE LOCATION(S) Dallas assignment JOB FUNCTION Credit Risk account_balance DIVISION Risk Division
Divisional Overview The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, and operational 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. https://www.goldmansachs.com/careers/divisions/risk/index.html
Credit Risk (CR) is responsible for managing the firm’s 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 firm’s risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
Evaluate credit risk aspects of private equity fund and NBFI counterpart financial performance and ratings profiles, focusing on the credit and financial strength of counterparts, performing fundamental credit analysis using both quantitative and qualitative factors.
Review and approve loan transactions, determine credit appetite and regulatory ratings, perform distressed analysis and estimate potential impairments at the transaction level, and monitor credit trends in the portfolio on an ongoing basis.
Provide insights and analysis to CR senior management on specific loans, broader portfolio information and product risk assessment.
Monitor, manage and report exposures at counterpart, product and portfolio levels.
Perform ongoing sector analysis to assess portfolio concentration and trends.
Work closely with business teams in Global Banking & Markets to actively risk manage the asset secured loan portfolio through market cycles.
Basic Qualifications
5-10 years of credit risk management experience.
Experience with private equity funds or NBFI counterparts and secured fund lending products is preferred.
Demonstrable track record of independent decision making, strong communication skills, displaying stature while communicating with team and at senior levels.
Strong analytical and presentation skills required.
Previous experience with leading and motivating a diverse team, providing guidance to and supervision of junior members of the team.
Bachelor’s degree in business or finance preferred.
Functional Expertise and Technical Skills – Demonstrates deep knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills.
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 in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating 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 analyzes complex issues.
Creativity and Influence – Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value. Takes a position on issues and influences others’ opinions by presenting persuasive recommendations.
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.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr