Risk, Credit Risk

About the Role

Credit Risk (CR) is a central part of Goldman Sachs' risk management framework, responsible for assessing, monitoring, and managing credit risk at the Firm. CR professionals work closely with many areas of the firm and clients, offering a unique opportunity to gain a broad perspective on the firm's activities.

Key Responsibilities

• Assess the financial strength of counterparties by performing fundamental counterparty analysis.
• Interpret quantitative and qualitative factors drawn from risk reports and portfolio analysis.
• Evaluate derivatives and financing transactions across Global Banking & Markets clients.
• Review and approve risk in a fast-paced environment while ensuring appropriate mitigants are in place.
• Assess transaction risk through reviews of quantitative models, portfolio analysis, stress testing, and other methods.
• Perform counterparty reviews, including recommending appropriate internal risk rating and setting credit limits.

Requirements & Tech Stack

• Knowledge of capital markets, including derivatives.
• Knowledge of financial markets and portfolio risk management.

Qualifications

• Bachelor's degree.
• Excellent academic record.
• 0-2 years of experience in a finance, markets, or risk role.
• Demonstrable track record of achievement and independent decision-making.
• Strong communication skills (written and verbal).
• Excellent attention to detail and strong analytical skills.
• Ability to work in a fast-paced environment.
• Ability to adapt quickly to a variety of industries and businesses.
• Ability to self-direct, analyze, evaluate, and form independent judgments.
• Integrity, ethical standards, and sound judgment.
• Commercially savvy with the ability to exercise discretion.
• Bachelor's degree in accounting, finance, or economics preferred.
• Strong team player, works well under pressure, and collaborates with others.
• Communicates clearly and concisely, shares information, and escalates as appropriate.
• Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions, and identifies clear objectives.
• Looks for new ways to improve current processes and develop creative solutions.
• Values constant self-improvement and learning.