Risk, Credit Review (Wholesale), Associate, Dallas

Goldman Sachs • Salt Lake City, UT

4d

About The Position

The Risk Division is a team of specialists charged with managing the firm’s
credit, market, liquidity, and operational 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.

Credit Review provides independent, objective and timely assurance to the Board,
senior management, and regulators on the effectiveness of the Credit Risk
function by independently challenging and monitoring the adequacy of Credit
Risk’s ratings, risk management processes and controls, and assessing the level
of compliance with applicable policies and regulations. The group reports to the
Chief Risk Officer (CRO) and is independent from Credit Risk.

As a member of Credit Review, you will be part of a team that conducts
systematic reviews of wholesale credit portfolios, analyzing counterparty credit
quality in order to determine the accuracy of risk identification in the
portfolio as well as the adequacy of documentation, administration, policies,
and procedures. You will participate in industry reviews as well as perform
continuous monitoring on assigned industry sectors.

Requirements

• Bachelor’s degree
• 2-4 years’ experience in counterparty credit analysis, ratings analysis, corporate finance and/or research
• Functional background or relevant experience in finance and accounting
• Knowledge of lending products, as well as capital markets/traded products
• Effective organizational skills and the ability to manage multiple assignments concurrently
• Highly motivated, adaptable, and able to learn quickly
• Strong analytical and communication skills
• Ability to function efficiently in a team environment

Nice To Haves

• Experience with internal audit or credit/loan risk review process is beneficial
• Knowledge of banking regulations related to lending and risk management is beneficial
• Understanding of credit/loan documentation is beneficial

Responsibilities

• Prepare detailed, independent analysis on individual credits in adherence with established Credit Review procedures and regulatory guidance. Document conclusions clearly and concisely.
• Evaluate adequacy of analysis completed by Credit Risk including, among other things, accuracy of credit ratings, timeliness of any rating changes, identification of potential credit weaknesses, and adherence to applicable policies and procedures, laws and regulations
• Perform ongoing surveillance of assigned industry sectors, staying informed of trends / credit-related activities and identifying emerging risks
• Prepare quarterly reports assessing the industry portfolio’s overall risk

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level