Risk-DALLAS-Associate-Credit Risk – Structured Finance and CRE

Location(s) US-TX-Dallas
Job ID
2021-85014
Schedule Type
Full Time
Level
Associate
Function(s)
Risk Management
Region
Americas
Division
Risk
Business Unit
Credit Risk
Employment Type
Employee

MORE ABOUT THIS JOB

RISK

 

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

 

OVERVIEW

The Risk Division is a team of specialists charged with managing the firm’s risk, and providing the overall financial control and reporting functions. 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. 

 

Credit Risk (CR) is responsible for managing the firm’s credit exposure to its lending and trading counterparties. Credit professionals protect the firm’s capital by using in-depth knowledge of our clients, markets, and products to make decisions on acceptable level of risk appetite. Staffed with ~300 professionals, Credit Risk operates through 11 different offices around the world. 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 range of projects allow for a challenging, varied and multi-dimensional work environment

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES AND QUALIFICATIONS

 

Key Responsibilities

  • Underwrite large, global commercial real estate mortgage transactions and structured financings (warehouse and other asset-backed financings)
  • Perform transaction/counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
  • Coordinate with business, legal and other teams to fully analyze transactions and ensure appropriate documentation, risk mitigants, and limits to minimize defaults and maximize recoveries
  • Represent CRM on deal structuring discussions
  • Draft deal memoranda, expressing and supporting CRM's recommendations
  • Present credit views in meetings with senior management and committee members; Escalate issues to CRM senior management
  • Monitor the performance of loans in the portfolio, including adherence to terms and covenants, and help formulate risk-mitigating strategies as necessary
  • Detect and escalate notable industry trends and recommend appropriate action to senior management
  • Monitor and manage exposure at the facility, product, and portfolio levels; perform sector analysis regularly in order to assess portfolio concentrations and trends

ABOUT GOLDMAN SACHS

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 GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



© The Goldman Sachs Group, Inc., 2020. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity