The Goldman Sachs Group, Inc

Global Banking & Markets- New York- Associate, Risk Governance- 9848184

The Goldman Sachs Group, Inc$120K — $142K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Economics, Finance, Industrial Engineering, or related field
  • Two years of experience in risk management or related role
  • Experience reviewing bank loan credit agreements and documentation
  • Familiarity with financial statements and compliance documentation
  • Proficiency in MS Office Suite and risk management tools

Responsibilities

  • Mitigate risks in lending commitments and banking transactions
  • Review and approve lending documentation and ensure compliance
  • Partner with bankers for seamless transaction execution
  • Perform due diligence to ensure regulatory compliance
  • Devise and implement process improvement efficiencies
  • Communicate complex ideas in simple terms

Benefits

  • Access to continuous learning and professional development opportunities
  • Networking opportunities within a leading global financial institution
  • Dynamic work environment with exposure to multiple financial sectors
  • Potential career advancement paths within Goldman Sachs
  • Comprehensive health and wellness programs
Full Job Description
Job Description

Job Duties: Associate, Risk Governance with Goldman Sachs & Co. LLC in New York, New York. Mitigate risks associated with facilitating lending commitments and/or sensitive banking transactions to ensure excellent client experience. Review documentation and information in connection with the approval and execution of lending commitments. Ensure compliance with Firm requirements to assist with the approval and underwriting of new lending commitments, leveraging specialized knowledge of business and engineering ethics, standardized engineering practices and operations, and risk-based decision making. Partner with bankers to ensure seamless approvals and execution processes and liaise with multiple parties to execute those transactions. Ensure due diligence is performed to comply with regulations by translating the exact nature of these regulations, leveraging specialized knowledge of systems evaluation, risk management, and organizational behaviors to efficiently and unambiguously facilitate underwriting requirements. Devise and implement process improvement efficiencies leveraging specialized knowledge of product analysis and control, data analysis, process analysis, and financial instruments by analyzing current operational flows and applying optimization and simulation models to develop enhanced standard operating procedures. Assess and ensure business requirements are met, acting as a catalyst for change and improvement in performance, quality, and monitoring performance. Communicate and transform complex business and engineering ideas into layman's terms.

Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Business, Economics, Finance, Industrial Engineering, or related field and two (2) years of experience in the job offered or a related role. Prior employment must include two (2) years of experience with: reviewing bank loan credit agreements and reviewing documentation terms for revolving credit facilities and term loans; reviewing various forms of financial statements, including 10K's, 10QQ's, Compliance Certificates, and Borrowing Base Certificates; leveraging tools and technologies to manage and report on risks and exposures, including using MS Office Suite; communicating clearly, concisely, and effectively with internal and external constituents including leadership, corporate and sponsor clients, lawyers, and lead arrangers/banks; analyzing large data sets and trends and summarizing results to produce presentations; observing and assisting senior banker and product partners in the full life cycle of multiple transactions from pitch/origination, underwriting/approval, negotiation/execution, to position/portfolio management; and working on business specific projects and initiatives as needed, including process enhancements.

Salary Range: Annual base salary for this New York, New York-based position is $120,000 - $142,000.

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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