Risk, Credit Research Group; Structured Finance​/Commercial RE Salt Lake Salt Lake

Risk, Credit Research Group (Structured Finance/Commercial RE), Associate, Salt Lake City  Salt Lake City, Utah, United States

Title:

Associate and/or Vice President

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

Credit Risk (CR) is responsible for managing the firm's credit exposure to its trading and lending counter parties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm's 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.

• Approve counter party credit research and credit rating analysis conducted by analysts on Asset Backed Warehouse facilities and Commercial Real Estate Lending/ REIT corporate financing transactions
• Analyze all credit facilities of the assigned portfolio counter parties and recommend internal credit rating and regulatory risk ratings
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed;
  Escalate issues to senior management
• Lead efforts to produce ongoing surveillance research and prepare portfolio observations for senior management
• Update and enhance existing internal rating methodology for Structured
  
  Finance and Commercial Real Estate/ REIT financing facilities
• Own and lead ad-hoc projects relating to regulatory remediation, credit risk process improvement, and surveillance
• Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed
• Provide both industry specific training and review process training to new hires and juniors analysts

• Coordinate with global colleagues in GS Risk teams as well as with other divisions
• Support key Risk governance and approval committees
• Participate in regulatory examinations

• Bachelor's Degree(US or foreign equivalent) in Business Administration, Finance, or a related field

• Preferred experience in underwriting, portfolio management,credit rating/research, and risk management of either of or acombination of the following three areas;
  Structured Finance(warehouse lending and other asset-backed financings), Commercial Real Estate Lending, and REIT Corporate Financing transactions
• Familiarity of CMBS / ABS / CLO structure and market drivers for various asset classes (eg CRE, residential mortgage, consumer & commercial receivables, aviation, transportation, etc)
• Experience in presenting and defending credit research and findings to colleagues, senior management and internal stakeholders
• Experience in team environment, including experience providing training to junior colleagues and peers
• Highly motivated with strong academic background
• Strong analytical and communication skills, both oral and written
• Team player with an ability to work effectively with colleagues in other regional offices
• Flexibility, ability to learn quickly
• Strong organizational skills and the ability to manage multiple assignments concurrently
• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and…