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Risk, Credit Risk-Corporates, Vice President, Salt Lake City

GOLDMAN SACHS & CO. LLC

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At a glance

Compensation
No compensation found
Location
SALT LAKE CITY, UT
Work Authorization
Not specified

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Job overview

Goldman Sachs’ Credit Risk team manages credit exposure to trading and lending counterparties. The Vice President role assesses corporate borrowers and counterparties, reviews transactions, analyzes financial activity and product risks, and monitors portfolio exposures. Credit Risk professionals work across the firm with Investment Banking, Sales and Trading, Legal, Operations, and Compliance. The position requires at least six years of corporate credit risk management experience.

Skills & qualifications

RequiredNice to have

Skills

Credit Risk ManagementCorporate Credit RiskInvestment Banking ProductsLoan ProductsDerivativesIndependent Decision-MakingClient NegotiationBusiness NegotiationRegulatory RatingsDocumentationAnalytical SkillsPresentation SkillsCommunication

Qualifications

6+ Years Credit Risk Experience

Full job description

Risk, Credit Risk-Corporates, Vice President 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 * 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 approve 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 and 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 in order to assess portfolio concentration or trends * Monitor, manage and report exposures at a counterpart, product and portfolio level Basic Qualifications * Minimum of [6] years of credit risk management experience, with a background in corporate credit risk * Significant experience in investment banking products including loan products and derivatives * Demonstrable track record of independent decision making and the ability to steer client and business negotiations * Strong familiarity with regulatory rating requirements and application of such guidance * Strong documentation (loan and/or derivatives), analytical, presentational and communication skills required 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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