Risk, Credit Risk

2 weeks ago


London, United Kingdom Goldman Sachs Full time

RISK

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 (. loans secured by Public / Private Equity), including review of transactions, participate in approval process, make recommendation of appetite Review lending transactions while ensuring appropriate risk mitigants to protect against default and minimize potential losses Represent credit views to Risk Committee members Interact with regulators as part of the ongoing supervision process Develop and manage relationships with colleagues from the broader Risk division as well as with other areas of the firm Perform sector / asset analysis regularly in order to assess portfolio concentration or trends Monitor, manage and report exposures at a counterparty, product and portfolio level

SKILLS AND RELEVANT EXPERIENCE REQUIRED

At least 6-8 years of relevant experience in credit analysis  Experience covering Asset Secured Lending is desirable, although not a strict requirement Knowledge of lending products, including structured non-vanilla transactions & experience in negotiating trading documentation  Strong interest and familiarity with Equity asset class, and Private Equity Industry Keeps up-to-date with relevant market trends

FUNCTIONAL 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 skills Drive 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 setbacks Client 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 expectations Teamwork  - 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' contributions Communication 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 appropriate Judgment 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 issues Creativity/Innovation -  Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value Influencing 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 /careers. 

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.



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