The Goldman Sachs Group, Inc

Risk, Credit Risk, Analyst, Salt Lake City

The Goldman Sachs Group, Inc$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Finance, or related field
  • 1-3 years of experience in credit risk analysis or a related role
  • Experience building financial models, including cash flow projections
  • Strong presentation skills for defending research findings to senior management
  • Experience training junior colleagues and peers
  • Strong analytical and communication skills, both oral and written
  • Ability to collaborate effectively with colleagues across regions

Responsibilities

  • Approve counterparty research reviews and internal credit rating analyses
  • Assess industry fundamentals and creditworthiness of counterparties
  • Analyze credit facilities and recommend Regulatory Risk Ratings
  • Present findings to senior leadership and address questions
  • Lead ongoing surveillance efforts and prepare observations for management
  • Update internal rating methodology and ensure compliance with policies
  • Provide training to new hires and junior analysts

Benefits

  • Career development opportunities within a globally recognized firm
  • Chance to work with various industry teams such as technology, healthcare, and retail
  • Exposure to senior leadership and influence in decision-making
  • Collaboration with diverse divisions including Investment Banking and Asset Management
  • Participation in regulatory examinations and risk governance committees
Full Job Description
Job Description

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.

Job Summary & Responsibilities

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.

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 are part of the value proposition of the firm, and we balance our key functional responsibility of control with that of being commercial. CR has strong traditions of risk management, client service excellence and career development opportunities for our people.

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

Key Responsibilities
• Approve counterparty research reviews and internal credit ratings analysis conducted by analysts. Analysis is expected to include:

o Assessment of industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness

o Financial models to assess the counterparties' ability to service its debt through cash flow projections

o Analysis of performance relative to budget and/or underwriting expectations, as well as adherence to covenants
• Analyze all credit facilities of the portfolio counterparties 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 juniors analysts
• Opportunity to work on an industry team such as consumer, retail, healthcare, diversified industrials, technology, media and telecommunications.

Other key responsibilities include:
• 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

Basic Qualifications
• 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.

Preferred Qualifications
• 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

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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