MORE ABOUT THIS JOB
We are open to considering requests for flexible working
RISK
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Credit Risk Management (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.
RESPONSIBILITIES AND QUALIFICATIONS
The Risk group is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
Credit Risk Management (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.
Product Analysis & Control Team Analyst Key Responsibilities
- Product risk management including credit limit monitoring, exception management, and regular / ad hoc risk exposure reporting
These functions are critical to the Firm's ability to effectively monitor counterparty credit quality migration and take appropriate actions. Counterparty risk management including sourcing, managing, and taking ownership of information integrity by understanding risk metrics and thresholds. These responsibilities are essential to the effective risk management of mutual funds, hedge funds, financial institutions, corporations, and governments to which GS takes credit risk.
As a CRMA professional, you might:
- Analyze, monitor, and report the Firm's credit exposures across swaps, options, futures, forwards, prime brokerage, and repurchase agreements
- Flag exposures that exceed the firm's appetite to its counterparties to senior managers and other colleagues
- Identify and appropriately escalate issues related to data and work accuracy and quality
- Take initiative to identify opportunities for process improvements and develop methods to reduce risks, increase controls, and increase communication
- Develop an understanding of the financial services industry and the Firm's business activities
Basic Qualifications
- Functional background or relevant experience in finance and accounting is preferable
- Experience in derivative operations, credit analysis, ratings analysis, corporate finance and/or research desired (1-3 years preferred)
- Highly motivated with strong academic background and a commitment to excellence
- 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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet
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