Risk – Credit Risk – Analyst / Associate

  • Full Time, Permanent
  • View on Map
  • Goldman Sachs posted 4 weeks ago
  • Posted : April 20, 2021 -Accepting applications
  • Salary: Negotiable
  • View(s) 33

Job Detail

  • Gender No Preferences
  • Job Role Others
  • Career Level Qualified Professional - Experienced
  • Functional Area Others
  • Experience

  • Min (Experience) 1
  • Max (Experience) 5
  • Qualifications

  • Graduation Any Graduation
  • Post Graduation Any Post Graduation
  • Walk-In Details

  • Company Details

  • Company Name Goldman Sachs
  • Company Details
    At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

Job Description

Responsibilities

The responsibilities may include the following:

  • Managing product risk, including credit limit and settlement risk monitoring, limit exception management, stress testing, risk exposure analysis and post-trade risk management processes
  • Developing a good high level working knowledge of methods used to model and monitor credit risk across various products. Leveraging the knowledge to assess risk of transactions, portfolio analysis and stress testing
  • Assessing the credit and financial strength of counterparties like, hedge fund, mutual fund and private equity fund by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors. Recommending appropriate internal risk rating for each counterparty and setting credit limits
  • Understanding credit and margin terms in trading documentation to protect against a defaults and minimize potential losses
  • Supporting projects to improve the firm’s systems and infrastructure, leveraging and developing your knowledge of how the firm models and monitors credit risk across various traded products
  • Executing on projects to manage big data and design and automate existing infrastructure, performing anomaly detections in large data sets, investigating the cause, recommending corrective actions and executing the agreed solutions
  • Identifying, investigating and resolving data discrepancies or omissions required for core risk management and reporting needs while proactively redesigning and implementing enhanced workflows to ensure continual improvement in data capture and integrity for current and future needs
  • Working collaboratively with Risk Engineering colleagues to continually identify and solve for operating efficiency
  • Spreading historical and projected financials in Credit systems and performing analysis including peer comparison to identify and document trends and anomalies necessary in assessing creditworthiness
  • Preparing regular reports and trend analysis for client public rating changes, funding activities, amendment activity for prudent counterparty risk management Analyzing borrowing base and covenant compliance certificates for lending clients and documenting findings
  • Preparing materials to guide interactions with firm external governing bodies such as regulators and industry bodies
  • Developing and managing relationships with other areas of the firm, including Trading, Operations, Collateral Management, Legal, Compliance, Controllers, Internal Audit, Technology

Qualifications

  • 1-5 years of experience in a related credit risk role, preferably in hedge funds, private equity and/or financial institutions space
  • Excellent written and verbal communication skills
  • Entrepreneurial, creative, self-motivated and team-orientated
  • Strong analytical and quantitative skills and ability to understand mechanics of derivative products
  • Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.
  • Experience with, or keen interest to develop expertise in, financial markets & economics
  • Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data.
  • Experience with, or keen interest to develop expertise in, programming skills is preferable

Required skills