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**Risk, Credit Risk-Corporates, Vice President, Salt Lake City** - Lead corporate credit risk analysis, drive credit approvals and limit decisions - Collaborate with Investment Banking, Sales & Trading, Legal, and Compliance teams - Manage credit portfolio exposures, monitor trends, and sector analyses - Bring 6+ years of corporate credit risk experience, with a track record in independent decision-making - Demonstrate strong understanding of investment banking products (loan products, derivatives) and regulatory ratings - Excel in documentation, analytical, communicational, and presentational skills - Join Goldman Sachs' Risk Division, based in Salt Lake City, and contribute to the firm's success - Enjoy competitive benefits, including healthcare, financial wellness programs, and fitness reimbursement
- Compensation
- Not specified
- City
- Salt Lake City
- Country
- United States
Currency: Not specified
Full Job Description
Risk, Credit Risk-Corporates, Vice President
Divisional Overview
The Risk Division is a team of specialists charged with managing the firms credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firms counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firms success. The division is ideal for collaborative individuals who have strong ethics and attention to detail. https://www.goldmansachs.com/careers/divisions/risk/index.html
Credit Risk (CR) is responsible for managing the firms credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firms risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
- Assess the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors
- Review and approve loan transactions, determine appetite and regulatory ratings, monitor credit trends in the portfolio, perform distressed analysis and estimate potential impairments
- Analyze the credit implications on corporate clients of various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases
- Coordinate with Investment Banking/Financing group, Sales & Trading, Legal, Operations and Compliance departments to approve derivatives business and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses
- Analyze the risks inherent in the products GS transacts, including lending, trading and derivative products
- Perform sector analysis regularly in order to assess portfolio concentration or trends
- Monitor, manage and report exposures at a counterpart, product and portfolio level
Basic Qualifications
- Minimum of [6] years of credit risk management experience, with a background in corporate credit risk
- Significant experience in investment banking products including loan products and derivatives
- Demonstrable track record of independent decision making and the ability to steer client and business negotiations
- Strong familiarity with regulatory rating requirements and application of such guidance
- Strong documentation (loan and/or derivatives), analytical, presentational and communication skills required
