Goldman Sachs & Co. Risk Division, Credit Risk, Funds Coverage, Associate - Warsaw in Warsaw, Poland
MORE ABOUT THIS JOB
The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.
RESPONSIBILITIES AND QUALIFICATIONS
How would you like to be involved in a central part of Goldman Sachs' risk management framework? We are looking for highly motivated individuals with strong analytical skills and a broad interest in financial and economic markets. Our credit professionals make a critical contribution to management of the firm’s risk on a daily basis. These roles enable individuals to develop expertise in financial and business analysis of the firm’s trading counterparties as well as the risks inherent in derivative, funding and lending products, and to take on increasing responsibility over time.
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 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.
How you will fulfil your potential
Approving credit reviews and assessing the credit and financial strength of the firm’s trading counterparts for a particular industry portfolio (for instance, hedge funds, funds, pension funds).
Assigning internal credit ratings and setting limits for the firm’s overall credit risk appetite.
Providing quantitative and qualitative credit risk analysis, including financial and risk modeling, measuring the credit risk of firm’s transactions, determining relevant terms and approving such transactions.
Leading the credit input and providing expertise to negotiation of ISDA/CSA and other documentation.
Participating in credit committees, product team meetings and related project meetings.
Reporting to senior management and interacting with regulators and third party constituents on risk management topics and inquiries.
Developing and managing relationships with other areas of the firm, including Sales & Trading, Investment Banking, Operations, Collateral Management, Legal, Compliance, Technology.
Skills/experience we are looking for:
At least 5 years of experience in an analytical financial role, preferably within credit risk management. Specific experience covering the hedge / mutual / pension fund industries would be an advantage
Broad knowledge of GS’s business
Strong interest and familiarity with finance, financial markets and economic developments
Strong analytical and quantitative skills
Strong written and verbal communication skills
Demonstrated experience of providing training and guidance to more junior colleagues
Ability to work flexibly in teams and manage a varied workload to meet deadlines
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
Business UnitCredit Risk Management