Risk, Credit Risk, Analyst, Salt Lake

CRG - Analyst (Global Risk)

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 work closely with many areas of the firm as well as clients in advisory or transactional capacity.

We partner with other divisions in the firm and externally with clients to support the firm's wide array of banking and trading business. CR professionals balance control with commercial aims and contribute to risk management, client service excellence and career development opportunities.

• 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 a 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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity