The Goldman Sachs Group, Inc

Risk, Credit Risk (Global Banking & Markets: Private Equity and Fund Finance), Associate / Vice President, Dallas

The Goldman Sachs Group, Inc$120K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of credit risk management experience
  • Preferred experience with private equity funds or NBFI counterparts
  • Independent decision maker with strong communication skills
  • Proven analytical and presentation skills
  • Experience leading and supervising a diverse team
  • Bachelor's degree in business or finance is preferred

Responsibilities

  • Evaluate credit risk for private equity funds and NBFIs using quantitative and qualitative analysis
  • Review and approve loan transactions, assessing credit appetite and regulatory ratings
  • Provide insights and analysis to senior management on loans and portfolio risk
  • Monitor and report on credit exposures across various levels
  • Conduct ongoing sector analysis for portfolio concentration and trends
  • Collaborate with Global Banking & Markets to manage the asset secured loan portfolio

Benefits

  • Comprehensive health insurance and wellness programs
  • Generous retirement savings plan
  • Professional development opportunities
  • Collaborative and ethics-driven work environment
  • Access to a global network of professionals in various financial sectors
Full Job Description
Associate or Vice President Divisional Overview Credit Risk (CR) is responsible for managing the firm's credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm's risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment. Responsibilities: • Evaluate credit risk aspects of private equity fund and NBFI counterpart financial performance and ratings profiles, focusing on the credit and financial strength of counterparts, performing fundamental credit analysis using both quantitative and qualitative factors. • Review and approve loan transactions, determine credit appetite and regulatory ratings, perform distressed analysis and estimate potential impairments at the transaction level, and monitor credit trends in the portfolio on an ongoing basis. • Provide insights and analysis to CR senior management on specific loans, broader portfolio information and product risk assessment. • Monitor, manage and report exposures at counterpart, product and portfolio levels. • Perform ongoing sector analysis to assess portfolio concentration and trends. • Work closely with business teams in Global Banking & Markets to actively risk manage the asset secured loan portfolio through market cycles. Basic Qualifications: • 5-10 years of credit risk management experience. • Experience with private equity funds or NBFI counterparts and secured fund lending products is preferred. • Demonstrable track record of independent decision making, strong communication skills, displaying stature while communicating with team and at senior levels. • Strong analytical and presentation skills required. • Previous experience with leading and motivating a diverse team, providing guidance to and supervision of junior members of the team. • Bachelor's degree in business or finance preferred. Competencies: • Functional Expertise and Technical Skills - Demonstrates deep knowledge of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills. • 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 in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating 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 and Influence- Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value. Takes a position on issues and influences others' opinions by presenting persuasive recommendations.

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.

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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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