The Goldman Sachs Group, Inc

Risk, Credit Risk (Asset Finance), Vice President, Dallas

The Goldman Sachs Group, Inc • $150K — $180K *
Dallas, TX 75217In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent in a relevant field
  • Minimum of 6 years in credit risk management, especially in loan underwriting
  • Experience with structured finance and commercial real estate transactions
  • Familiarity with lending, derivatives, and documentation
  • Strong analytical and communication skills in both oral and written formats
  • Capable of managing multiple assignments under tight timelines
  • Demonstrated ability to coach and develop junior team members

Responsibilities

  • Underwrite structured and commercial real estate financing transactions
  • Represent Credit Risk in deal structuring and client due diligence meetings
  • Coordinate analysis of transactions with legal and other teams
  • Draft deal memoranda to support Credit Risk recommendations
  • Present credit assessments to senior management and escalate issues as necessary
  • Conduct transaction reviews and establish internal risk ratings
  • Monitor portfolio performance and recommend risk mitigation strategies
  • Analyze industry trends and propose actions to senior management
  • Manage and monitor exposure across various levels and conduct regular sector analysis
  • Coach Associates and Analysts on transaction and non-transaction tasks

Benefits

  • Opportunity to work on a diverse range of financial transactions
  • Exposure to client types and financing structures
  • Collaboration with multiple departments, enhancing professional development
  • Challenging and varied work environment
  • Potential for personal growth by coaching emerging talent
Full Job Description
Job Description

Risk, Vice President, Credit Risk-- Dallas

OVERVIEW

Seeking an experienced hire at the VP level to join the Asset Finance team in Credit Risk (CR)

The Asset Finance team risk manages a large and growing book of credit exposures across collateralized wholesale lending and derivative trading in the structured finance and commercial real estate sectors. The role offers exposure to a variety of client types, financing structures, collateral types, as well as interaction with key internal and external stakeholders. The role requires transaction structuring knowledge, familiarity with risk ratings, demonstrated ability to provide effective challenge, proven ability to collaborate effectively under tight timelines whilst managing multiple assignments, excellent communication skills, as well as the ability and willingness to coach and nurture emerging talent.

CR is responsible for managing the Firm's credit exposure to its lending and trading counterparties. Credit professionals protect the Firm's capital by using in-depth

knowledge of our clients, markets, and products to make decisions on acceptable level of risk appetite. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions and gaining a broad perspective on how the entire Firm functions. The interaction with numerous departments and the range of projects allow for a challenging, varied and multi-dimensional work environment

RESPONSIBILITIES AND QUALIFICATIONS

Key Responsibilities
  • Underwrite structured financings (warehouse and other asset-backed financings) and commercial real estate financing transactions
  • Represent CR on deal structuring discussions and client due diligence meetings
  • Coordinate with business, legal and other teams to fully analyze transactions and ensure appropriate documentation, risk mitigants, and limits to minimize defaults and maximize recoveries
  • Draft deal memoranda, expressing and supporting CR's recommendations
  • Present credit views in meetings with senior management and committee members; escalate issues to CR senior management
  • Perform transaction/counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
  • Monitor the performance of credit exposures in the portfolio, including adherence to terms and covenants, and help formulate risk-mitigating strategies as necessary
  • Detect and escalate notable industry trends and recommend appropriate action to senior management
  • Monitor and manage exposure at the facility, product, and portfolio levels; perform sector analysis regularly in order to assess portfolio concentrations and trends
  • Coach Associates and Analysts through transaction-specific work and non-transaction related tasks
  • Support ad-hoc non-transaction project work

Basic Skills & Experience
  • Bachelor's degree (or international equivalent)
  • Minimum of 6 years of credit risk management experience, with exposure to loan underwriting
  • Experience assessing structured financing & lending and/or Commercial Real Estate financing transactions

Preferred Skills & Experience
  • Knowledge of lending, derivatives, and funding products and related lending and trading documentation
  • Familiarity with regulatory risk rating requirements and application of such guidance
  • Strong analytical and communication skills, both oral and written
  • Strong organizational skills and the ability to manage multiple assignments concurrently
  • Experience in team environment, including to work with colleagues across multiple offices and locations
  • Flexibility, ability to learn quickly
  • Demonstrated ability and willingness to coach and nurture emerging talent

Competencies
  • Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
  • Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
  • Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
  • Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
  • Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
  • Communication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriate
  • Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
  • Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
  • Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions by presenting persuasive recommendations
  • Coaching - Being coachable in adapting to the Firm's culture and becoming a culture carrier in coaching junior colleagues whilst challenging themselves and others to improve

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

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

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
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at The Goldman Sachs Group, Inc

More Finance & Insurance Jobs

Find similar Risk, Credit Risk (Asset Finance), Vice President, Dallas jobs:

NationwideDallas, TX