Risk, Credit Risk, Analyst, Salt Lake Salt Lake Analyst

Risk, Credit Risk, Analyst, Salt Lake City  Salt Lake City, UT, United States

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 a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CR is staffed globally with offices including New York, London, Frankfurt, Salt Lake City, Hong Kong, Warsaw and Tokyo. Understanding the credit quality of corporations, financial institutions and governments worldwide is an essential aspect of the firm's ability to be an effective financial intermediary.

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, offering a unique opportunity to gain a broad perspective on the activities of the Firm.

Below you will find the role and responsibilities of a typical Credit Research Group approver.

• Approve counter party research reviews and internal credit ratings analysis conducted by analysts. Analysis is expected to include assessment of industry fundamentals, financial strengths, and qualitative factors supporting counter parties' creditworthiness; financial models to assess the counter parties' ability to service its debt through cash flow projections; analysis of performance relative to budget and/or underwriting expectations, as well as adherence to covenants.
• Analyze all credit facilities of the portfolio counter parties and recommend Regulatory Risk Ratings.
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed.
• Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management.
• Update and maintain existing internal rating methodology.
• 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 junior analysts.
• Opportunity to work on an industry team such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications.

• Coordinate with global colleagues in GS Risk teams as well as with other divisions, including Investment Banking, Asset Management, Controllers, and Operations.
• 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.
• 1-3 years of experience in the job offered or a related role.

• Experience in financial models including, but not limited to, future projections, valuation methods (such as DCF, multiple-based approach).
• Experience in presenting and defending research reports 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.

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a…