Risk, Credit Risk

1 month ago


London, Greater London, United Kingdom Goldman Sachs Full time
Risk, Credit Risk - Asset Secured Lending, Associate/Vice President, London

Risk, Credit Risk - Asset Secured Lending, Associate/Vice President, LondonGoldman Sachs London, United Kingdom Posted 11 days ago Permanent Competitive

Risk, Credit Risk - Asset Secured Lending, Associate/Vice President, London

RISK

Are you ready to apply Make sure you understand all the responsibilities and tasks associated with this role before proceeding.

Our Risk division develops comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.

CREDIT RISK
Credit Risk is responsible for managing the firm's credit exposure to its trading and lending counterparties. Credit professionals protect the Firm's capital by leveraging expertise in financial analysis of clients, markets, and products to make risk decisions. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions and gaining a broad perspective on how the entire Firm functions. The interaction with numerous departments and the wide range of projects allow for a challenging, varied and multi-dimensional work environment. This role is ideal for collaborative individuals who are intellectually curious, have strong ethics and attention to detail.
JOB DESCIPTION
Credit Risk Asset Secured Lending team within Global Banking & Markets is looking for a Vice President. Team's activity includes risk management of asset-backed financing (and other types of strategic capital) to institutional clients of the firm, secured by, amongst others, portfolios of public equity, private equity, private credit and other asset classes.
RESPONSIBILITIES

Risk underwriting assets-based financing (e.g. loans secured by Public / Private Equity), including review of transactions, participate in approval process, make recommendation of appetiteReview lending transactions while ensuring appropriate risk mitigants to protect against default and minimize potential lossesRepresent credit views to Risk Committee membersInteract with regulators as part of the ongoing supervision processDevelop and manage relationships with colleagues from the broader Risk division as well as with other areas of the firmPerform sector / asset analysis regularly in order to assess portfolio concentration or trendsMonitor, manage and report exposures at a counterparty, product and portfolio levelSKILLS AND RELEVANT EXPERIENCE REQUIRED
At least 6-8 years of relevant experience in credit analysisExperience covering Asset Secured Lending is desirable, although not a strict requirementKnowledge of lending products, including structured non-vanilla transactions & experience in negotiating trading documentationStrong interest and familiarity with Equity asset class, and Private Equity IndustryKeeps up-to-date with relevant market trendsFUNCTIONAL EXPERTISE
Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skillsDrive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacksClient and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectationsTeamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributionsCommunication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriateJudgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issuesCreativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical valueInfluencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions by presenting persuasive recommendation
ABOUT GOLDMAN SACHS

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.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

ABOUT COMPANY Goldman Sachs International London, United Kingdom 75102 Employees Investment Banking / M & A

At Goldman Sachs, we believe progress is everyone's business. That's why we commit our people, capital and ideas to help our clients, shareholders and...

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