Divisional Overview:

The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, operational and insurance risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Department Overview:

Credit Risk (CR) is responsible for managing the firm’s credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparties is managed within the firm’s risk appetite. Staffed with more than 270 professionals, CR operates through 12 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.

Responsibilities:

Assess the credit and financial strength of the firm's hedge fund, mutual fund, and private equity fund clientsPerform counterparty reviews, recommend internal ratings, and set counterparty risk limitsAssess transactions across Institutional Derivatives & Funding businesses.  Leverage quantitative models and stress tests to opine on initial marginDrive risk conversations with respective trading and sales teams (OTC derivatives, prime brokerage, repo, etc)  

Basic Qualifications:

3-5 years of experience in a finance, markets, or risk roleSignificant knowledge of capital markets, including derivatives and/or repo Demonstrable track record of independent decision makingStrong attention to detail.  Excellent analytical and communication skills 

Competencies:  

Functional Expertise and Technical Skills – Knowledge of financial markets and portfolio risk management.  Appropriate financial/analytical skills Client and Business Focus - Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectationsTeamwork – Strong team player, works well under pressure, and collaborates with others across teams and business unitsCommunication Skills - Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates 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 analyzes complex issuesCreativity and Influence - Looks for new ways to improve current processes and develop creative solutions with practical value Continuous Development - Values constant self-improvement and learning

Salary Range
The expected base salary for this New York, New York, United States-based position is $110000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
 

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