Utah Staffing
Risk, Credit Risk-Global Markets, Associate, SLC
Utah Staffing, Salt Lake City, Utah, United States, 84193
Risk Division 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.
Credit Risk Department Overview 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 counterparties is managed within the firm's risk appetite. Staffed with more than 270 professionals, CR operates through 12 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
Assess the financial strength of hedge funds by performing fundamental counterparty analysis. Interpret quantitative and qualitative factors drawn from fund's risk reports, portfolio analysis, and client calls
Evaluate derivatives and financing transactions across Global Banking and Markets clients. Review and approve risk in a fast-paced environment while ensuring appropriate mitigants in place to minimize losses in event of counterparty default. Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods
Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
Basic Qualifications
3-5 years of experience in a finance, markets, or risk role
Significant knowledge of capital markets, including derivatives and / or repo
Demonstrable track record of independent decision making
Excellent attention to detail. Strong 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
The Goldman Sachs Group, Inc., 2018. All rights reserved. Goldman Sachs is an equal employment / affirmative action employer Female / Minority / Disability / Vet.
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Credit Risk Department Overview 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 counterparties is managed within the firm's risk appetite. Staffed with more than 270 professionals, CR operates through 12 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
Assess the financial strength of hedge funds by performing fundamental counterparty analysis. Interpret quantitative and qualitative factors drawn from fund's risk reports, portfolio analysis, and client calls
Evaluate derivatives and financing transactions across Global Banking and Markets clients. Review and approve risk in a fast-paced environment while ensuring appropriate mitigants in place to minimize losses in event of counterparty default. Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods
Perform counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
Basic Qualifications
3-5 years of experience in a finance, markets, or risk role
Significant knowledge of capital markets, including derivatives and / or repo
Demonstrable track record of independent decision making
Excellent attention to detail. Strong 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
The Goldman Sachs Group, Inc., 2018. All rights reserved. Goldman Sachs is an equal employment / affirmative action employer Female / Minority / Disability / Vet.
#J-18808-Ljbffr