• Risk, Credit Risk Management (CRM), Product Analysis and Control Team - Debt, Analyst/Associate, Salt Lake City

    Location(s) US-UT-Salt Lake City
    Job ID
    2018-47995
    Schedule Type
    Full Time
    Level
    Analyst, Associate
    Function(s)
    Risk Management
    Region
    Americas
    Division
    Risk
    Business Unit
    Credit Risk Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Credit Risk Management and Advisory (CRM)

     

    The Credit Risk Management Department (“CRM”) is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CRM is staffed globally with offices including New York, London, Frankfurt, Salt Lake City, Singapore, Hong Kong and Tokyo. As a member of CRM you will interface with a variety of divisions around the firm (Legal, Compliance, Operations, etc.) as well as the other regional CRM offices.  The interaction with numerous departments and the diverse projects that ensue allow for a challenging, varied and multi-dimensional work environment.

     

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

     

    Job Summary

    • Collaborate across the firm to monitor and act as a control for GS’s lending products
    • Ensure compliance with and report exposure as dictated by various regulations and internal policies

    RESPONSIBILITIES AND QUALIFICATIONS

    Key Responsibilities:

    • Assist in the preparation of daily, weekly, and monthly risk and regulatory capital reports
    • Analyze, monitor and report the firm’s credit exposures across lending products for various business units
    • Become familiar with the Firm’s Leveraged Lending guidelines and Regulatory guidance/policies
    • Compile market related factors to assess and report on tightening/loosening of leveraged lending underwriting standards
    • Assess and designate loans as Higher Risk in compliance with FDIC regulations
    • Identify, monitor and resolve credit limit exceptions
    • Take initiative to identify opportunities for process improvements and develop methods to reduce risks, increase controls, and increase customer satisfaction
    • Work independently in order to research and troubleshoot problems
    • Accountable for the accuracy and quality of work – appropriately escalating any unresolved issues to management
    • Develop an understanding of the financial services industry and the Firm’s business activities, with an emphasis on Debt Capital Markets

    Minimum Education Requirements:

    • Bachelor’s degree (U.S. or foreign equivalent) in Business, Finance, Economics, Accounting, or a related field

    Qualifications:

    • 3+ years of experience
    • Functional background or relevant experience in finance is preferable
    • Experience in loan markets and corporate finance 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.