Risk
Goldman Sachs’ Risk Division develops comprehensive programs and processes to identify, monitor, assess and manage financial and non-financial risks in support of the firm’s risk appetite statement and strategic business plans. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance oversight, Risk teams play a critical function for the firm driving how the firm considers and manages risk. The division is ideal for collaborative individuals who have an aptitude to challenge, are analytically curious, and an unwavering commitment to excellence.
Credit Risk
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. 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.
YOUR IMPACT
Opportunity to take ownership of and run key workflows for the risk management of Goldman Sachs’ global relationship lending portfolio. This role will allow you to gain knowledge about corporate loan transactions as well as manage challenging loan positions requiring de-risking. You will work closely with teams in Banking, Risk, Operations and the Public Side Special Assets Group to deliver effective and timely risk management of the firm’s lending book.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Acquire knowledge of the corporate relationship lending activity
- Learn about loan risk management skills including management of challenging de-risking situations
- Participate in presenting key relationship lending management trends and themes on a monthly basis to senior management
- Develop and manage relationships with colleagues within the broader Risk and Global Markets Divisions across locations as well as with other areas of the firm
- Drive workflow improvements and automation, as needed, to assist in the risk management process
SKILLS & EXPERIENCE WE'RE LOOKING FOR
- Minimum Bachelor’s degree in Finance, Economics or Business
- Basic knowledge of finance principles and keen interest in financial markets and economic developments
- Strong written and verbal communication skills in English
- Strong teamwork skills
- Ability to self-organize and demonstrated attention to detail
- Ability to work independently and be a self starter
- Strong Excel skills, basic coding knowledge not required but preferred
- 3-5 years of experience in a finance or risk role