Distressed Credit Analyst

16 hours ago


London, Greater London, United Kingdom Goldman Sachs Bank AG Full time

Job Overview:

We are seeking a highly skilled Distressed Credit Analyst to join our team at Goldman Sachs Bank AG. As a Distressed Credit Analyst, you will play a key role in analyzing and structuring new transactions with distressed counterparties, as well as evaluating and recommending strategies for maximizing recoveries.

About the Role:

This is an exciting opportunity for a motivated and experienced professional to join our Workout & Restructuring team. You will work closely with senior credit/restructuring professionals to develop expertise in bankruptcy and distressed credit management, and to conduct in-depth counterparty credit analysis.

Main Responsibilities:

  • Develop expertise in bankruptcy and distressed credit management.
  • Conduct in-depth counterparty credit analysis, including review of industry fundamentals, financial strength, qualitative factors, and likelihood of default.
  • Work with senior credit/restructuring professionals to develop strategies for maximizing recoveries.
  • Draft transaction memoranda, expressing and supporting Credit Risk's recommendations.
  • Escalate issues to Credit Risk senior management.
  • Monitor the performance of counterparties in the distressed Watch List portfolio, including adherence to terms and covenants, and repayments.

Requirements:

  • Minimum of 6 years of credit risk management experience, mainly in the non-investment grade space, with some experience in credit restructurings.
  • Strong legal documentation (loan and/or derivatives), analytical, presentational, and communication skills required.
  • Ability to lead and motivate an engaged and diverse deal team, providing guidance to and supervision of junior members of the team.
  • Ability to communicate with senior levels within GS, both inside & outside of Credit Risk.

About Goldman Sachs:

Goldman Sachs is a leading global investment banking, securities, and investment management firm. We commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow.



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