• Risk Division, Credit Risk, Senior Analyst/Associate - Warsaw

    Location(s) PL-Warsaw
    Job ID
    2019-54921
    Schedule Type
    Full Time
    Level
    Analyst, Associate
    Function(s)
    Risk Management
    Region
    EMEA
    Division
    Risk
    Business Unit
    Credit Risk Management
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    RISK

     

    The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

    RESPONSIBILITIES AND QUALIFICATIONS

    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 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.

     

    Our impact

     

    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 Management (CRM) 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, CRM operates through 11 different offices around the world. CRM 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

     

    • Managing product risk, including credit limit and settlement risk monitoring, limit exception management, stress testing, risk exposure analysis and reporting, and post-trade risk management processes, often reporting and providing analysis to senior management
    • Providing quantitative and qualitative credit risk analysis, including the use of risk modeling tools to help estimate the credit risk of the firm’s transactions
    • Overseeing the activities covering a group of products / markets, and provides technical and decision-making judgment and guidance, organizational infrastructure
    • Developing and managing relationships with other areas of the firm, including Operations, Collateral Management, Legal, Compliance, Technology
    • Supporting projects to improve the firm’s systems and infrastructure, leveraging and developing your knowledge of how the firm models and monitors credit risk across various traded products
    • Developing a good high level working knowledge of methods used to model and monitor credit risk across various products, and be able to guide junior team members in problem-solving and analysis

     

    Skills/experience we are looking for

    • 1 - 5 years of relevant experience in an analytical financial role, preferably within credit risk management. Specific experience covering financial derivatives would be an advantage
    • Broad knowledge of GS’ business
    • Strong interest and familiarity with finance, financial markets and economic developments
    • Strong analytical and quantitative skills and ability to understand mechanics of derivative products
    • Strong organizational skills & attention to detail
    • Strong written and verbal communication skills in English
    • 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
    • Strong Excel / VBA / SQL skills preferred

    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.