Risk Division - Dallas - Associate, Credit Risk

Job Duties

Associate, Credit Risk with Goldman Sachs & Co. LLC in Dallas, Texas. Assess the credit and financial strength of the firm's Natural Resources counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors. Determine and manage the firm's credit risk appetite across derivatives, loans, funding and deposits for a portfolio of Natural Resources counterparts which includes setting credit exposure limits and tracking of these limits.

Approve derivative and funding transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses. Perform credit underwriting of lending transactions, contributing credit recommendations and support to the firm's capital committee approval process. Coordinate with Global Banking and Markets (GBM), Asset Wealth Management (AWM), Legal, Operations and Compliance departments to approve the transactions and ensure proper documentation.

Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. This includes presenting findings and recommendations to senior management and answer questions relating to analysis performed. Proactively monitor and assess counterparts and industry subsectors including based on market indicators, regulatory guidance, rating agency commentary and counter party surveillance and report relevant information and its impact to senior management in a timely manner.

Master’s degree (U.S. or foreign equivalent) in Finance, Financial Management, Accounting, Economics, or a related field and one (1) year of experience in job offered or a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Financial Management, Accounting, Economics, or a related field and three (3) years of experience in job offered or a related role. Prior experience must include one (1) year with master’s degree or three (3) years with bachelor’s degree with the following: performing credit analysis using both quantitative and qualitative factors to assess borrower and counter party risk;

navigating the Federal Reserve Bank’s Shared National Credit (“SNC”) program, including reviewing and assessing risks in large and complex syndicated credits shared by multiple U.S. financial Institution; applying financial analysis tools and techniques to evaluate liquidity, solvency, leverage, and profitability, and interpret how these finical ratios interrelate; evaluating credit and financial strength of borrowers and conducting fundamental credit analysis; assessing corporate performance by analyzing capital structure, cash flow trends, and financial prospects to determine intrinsic value, and conduct leveraged lending risk evaluations;

utilizing derivative products and trading documentation such as ISDAs, NAESBs, WSPPs; and reviewing Commitment Papers and Credit Agreements including, the underlying transaction structure and the main credit terms involved for protecting the lender recovery prospects.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.