Risk, Credit Risk Management and Advisory (CRMA), Credit Research Group (CRG), Associate, Salt Lake City

Location(s) US-UT-Salt Lake City
Job ID
2017-39446
Schedule Type
Full Time
Level
Associate
Function(s)
Risk Management
Region
Americas
Division
Risk
Business Unit
Credit Risk Management
Employment Type
Employee

MORE ABOUT THIS JOB

The Risk group is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

 

The Credit Risk Management & Advisory Department (“CRMA”) is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CRMA is staffed globally with offices including New York, London, Frankfurt, Salt Lake City, Singapore, Sydney, Hong Kong and Tokyo. Understanding the credit quality of corporations, financial institutions and governments worldwide is an essential aspect of the firm’s ability to be an effective financial intermediary. Credit professionals with expertise in financial, credit and risk analysis work closely with many areas of the firm as well as clients in either an advisory or transactional capacity, offering a unique opportunity to gain a broad perspective on the activities of the Firm. 

We partner with other divisions in the firm and externally with clients to support the firm’s wide array of banking and trading business. CRMA professionals are part of the value proposition of the firm and we balance our key functional responsibility of control with that of being commercial. CRMA has strong traditions of risk management, client service excellence and career development opportunities for our people. 

Below you will find the role and responsibilities of a typical Credit Research Group analyst. 

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Counterparty Analysis and Risk Management
  • Write annual reviews assessing counterparties’ creditworthiness and recommend internal credit ratings 
  • Build and maintain financial projection models 
  • Present analysis to senior management and peers 
  • Monitor counterparties for changes in creditworthiness and take appropriate action 
  • Plan and participate in counterparty due diligence sessions 
  • Produce commentaries for senior management 
  • Coordinating with New York and European-based colleagues in GS CRMA and other divisions 
  • Supporting CRMA governance committees 
  • Participating in regulatory examinations

RESPONSIBILITIES AND QUALIFICATIONS

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

 

Basic Qualifications

  • Bachelors Degree
  • At least 5 years of relevant work experience in this space

Preferred Qualifications

  • Demonstrated ability to mentor junior colleagues
  • Functional background or relevant experience in finance and accounting is preferable 
  • Experience in credit analysis, ratings analysis, corporate finance and/or research desired 
  • Highly motivated with strong academic background 
  • Strong analytical and communication skills, both oral and written 
  • Team player with an ability to work effectively with colleagues in other regional offices 
  • Flexibility, ability to learn quickly 
  • Strong organizational skills and the ability to manage multiple assignments concurrently

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.