Goldman Sachs & Co. Risk Division, Credit Risk, Financial Institutions Coverage, Vice President, Warsaw in Warsaw, Poland
MORE ABOUT THIS JOB
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 works closely with the CRO / senior management to manage Goldman Sachs’ credit risk. Credit professionals protect the firm’s capital by using in-depth knowledge of our clients, markets, and trading products to make decisions on acceptable level of firm’s risk appetite. Staffed with more than 400 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.
RESPONSIBILITIES AND QUALIFICATIONS
How would you like to be involved in a central part of Goldman Sachs' risk management framework?We are looking for a highly motivated individual who is able to deliver high quality credit analysis of financial institutions (mainly banks & brokers). You will be responsible, from a Credit Risk standpoint, of a portfolio of EMEA banking groups, and you will expected to manage it on the basis of a deep understanding of credit fundamentals, market trends, impact of changing regulation requirements and risks associated with derivatives products and complex transactions. The fulfillment of your role will require frequent interaction with Sales & Trading and Investment Banking, as well as with senior members of Risk and other control areas to provide solutions for clients that are consistent with the risk appetite and underwriting standards of GS.
HOW YOU WILL FULFILL YOUR POTENTIAL
Provide senior credit risk management coverage of a portfolio of clients in the EMEA Financial Institutions space
Assess the business and financial strength of the firm’s trading counterparts to determine acceptable levels of credit exposure and monitor internal credit ratings
Monitor credit trends in the portfolio, proactively raising and addressing potential issues
Coordinate with Sales & Trading, Investment Banking/Capital Markets, Legal and Operations departments to review business and ensure appropriate documentation, limits and risk mitigants
Represent credit views in risk committees
Develop and manage relationships with colleagues from the broader risk division as well as with other areas of the firm
SKILLS & EXPERIENCE WE'RE LOOKING FOR
Solid experience in financial institutions credit analysis, across lending and derivatives products
Must demonstrate track record of independent decision-making and the ability to steer client and business negotiations
Strong analytical skills with ability to rapidly grasp the mechanics of various financial products required
Experience of supporting change initiatives required
Must have strong interpersonal skills and self-motivation
Ability to communicate at the senior levels
Experience of collaborating with various internal teams e.g. Legal, Research etc.
Must be able to supervise, motivate and provide guidance to juniors on the team
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.
Schedule TypeFull Time
LevelVice President/Executive Director
Business UnitCredit Risk Management