Risk-London-Analyst-Credit Risk London, England
Job description
YOUR IMPACT
How would you like to be involved in a central part of Goldman Sachs' risk management framework? We are looking for a highly motivated individual who is able to deliver credit risk analysis on corporate transactions, on the basis of a thorough understanding of credit fundamentals, of leveraged capital structures and of risks associated with lending and derivatives products. You will be responsible, from a Credit Risk standpoint, for a portfolio of EMEA / Asia Corporates, and you will be expected to manage it on the basis of a deep understanding of credit fundamentals, market trends, impact of changing regulation requirements and risks associated with lending and derivatives products transactions.
OUR IMPACT
The Risk Division is a team of specialists charged with managing the firm’s risk, and providing the overall financial control and reporting functions. 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 works closely with the CRO / senior management to manage Goldman Sachs’ credit risk. Credit professionals protect the firm’s capital by using in-depth knowledge of our clients, markets, and trading products to make decisions on acceptable level of firm’s risk appetite. Staffed with 300 professionals, Credit Risk operates through 11 different offices around the world. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions.
HOW YOU WILL FULFILL YOUR POTENTIAL
- Assessing the financial strength of counterparties through counterparty due diligence, financial analysis, and market analysis; and summarizing your views to formulate risk rating recommendations.
- Setting credit exposure appetite across trading products utilizing internal exposure methodologies.
- Developing a good high level working knowledge of methods used to model and monitor credit risk across various products. Leveraging the knowledge to assess transaction and portfolio-level risk of counterparties.
- Work in collaboration with other divisions (such as Sales, Trading, Legal, Client Onboarding)
- Analyzing potential exposure and approving collateral levels
- Taking a broad view of risks and escalating material issues to seniors
- Involvement in multiple projects (with strong cooperation with other teams and divisions, as well as regions) Active engagement in the negotiation of trading documentation to ensure adequate risk mitigants are in place.
SKILLS & EXPERIENCE WE'RE LOOKING FOR
- Minimum Bachelor’s degree in Finance, Economics or Business
- 1-3 years of experience
- Strong knowledge of financial markets
- Basic understanding of various derivatives
- Familiarity with macroeconomics and the latest global trends
- Interest in Fund industry
- Interest in Corporate or Banking industry would be an asset
- Good knowledge of Microsoft Excel, and PowerPoint;
- Ability to perform under pressure;
- Intellectual curiosity and self-motivation;
- Fluent English is a must (additional language would be an asset)
- Strong interest in client interaction and relationship management
- Strong analytical and quantitative skills
- Good organizational skills & demonstrated attention to detail
- Strong written and verbal communication skills in English
- Ability to work flexibly in multinational environment and manage a varied workload to meet deadlines
