• Credit Risk Management - Credit Analyst - Associate - Frankfurt

    Location(s) DE-Frankfurt
    Job ID
    2018-46926
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Risk Management
    Region
    EMEA
    Division
    Risk
    Business Unit
    Credit Risk Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Your impact

     

    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 analysts 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.

     

    Our impact

     

    The Risk Division is a team of specialists charged with managing the firm’s liquidity, capital and 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 Management (CRM) is responsible for managing the firm’s credit exposure to its trading counterparties. The department’s objective is to ensure that credit exposure to banks, brokers, corporates, funds, sovereigns, etc. is proactively managed within the firm’s risk appetite. Staffed with more than 450 professionals, CRM operates through 8 different offices around the world, including New York, London, Frankfurt, Warsaw, Salt Lake City, Singapore, Hong Kong, and Tokyo. Credit professionals with expertise in financial, credit and risk analysis work closely with many areas of the firm, as well as clients, in either an advisory or transactional capacity.

     

    There are various different roles and teams in to which analysts can be staffed, including a broad range of industry/sector or product management-related coverage ones. The interaction with numerous departments and colleagues in other offices of the firm as well as the range of responsibilities and projects provides a challenging, varied and multi-dimensional work environment.

    RESPONSIBILITIES AND QUALIFICATIONS

    How you will fulfil your potential

    • Providing coverage for a portfolio of the firm’s trading counterparts in a particular industry portfolio (e.g., corporates, financial institutions or hedge funds)
    • Assessing their financial strength and making recommendations on the firm’s credit risk appetite
    • Analysing risks inherent in products traded by GS, including potential complex derivatives transactions
    • Providing quantitative and qualitative risk analysis, including financial and risk modeling
    • Providing credit input and expertise to negotiation of ISDA/CSA and other documentation
    • Preparing internal credit memorandums and other documentation related to transaction approvals
    • Participating in committees, team meetings and related project meetings
    • Working closely with other areas of the firm to ensure appropriate risk mitigation standards
    • Developing and managing relationships with other teams in CRM and areas of the firm, including Investment Banking / Capital Markets, Sales & Trading, Operations, Legal, Compliance and Technology

     

    Skills / experience we are looking for:

    • Broad knowledge of GS’s business
    • Strong interest and familiarity with finance, financial markets and economic developments
    • Strong analytical and quantitative skills
    • Proficient in Excel, PowerPoint and Word, and potential further SQL or other programming skills
    • Strong written and verbal communication skills
    • 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., 2017. All rights reserved
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.