Risk, Credit Risk, Corporate Real Estate

20 hours ago


Dallas TX United States Goldman Sachs Bank AG Full time

Opportunity Overview

CORPORATE TITLE: Vice President

OFFICE LOCATION(S): Dallas

JOB FUNCTION: Credit Risk

DIVISION: Risk Division

Divisional Overview

The Risk Division is a team of specialists charged with managing the firm’s credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Credit Risk (CR) is responsible for managing the firm’s credit exposure to its lending and derivatives counterparties. Leveraging its extensive expertise in financial, credit, and risk analysis, CR ensures that credit exposure to our counterparties 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

  • Assess the credit and financial strength of the firm's corporate real estate borrowers and counterparties by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
  • Review and approve loan transactions, determine internal credit ratings, regulatory risk ratings, and overall risk appetite.
  • Analyze the risks inherent in the products GS transacts, including loans, derivatives, and equity products.
  • Analyze the credit implications on corporate clients of various financial transactions including debt, equity, and hybrid offerings, mergers and acquisitions, restructurings, and share repurchases.
  • Coordinate with Global Banking & Markets, Legal, Operations, and Compliance departments to approve derivatives business and ensure appropriate documentation, limits, and risk mitigants.
  • Perform portfolio analysis regularly in order to assess concentrations and industry trends.
  • Monitor, manage, and report on exposures at a counterparty, product, and portfolio level.

Basic Qualifications

  • Minimum of 6-8 years of credit risk management experience, with a background in corporate credit risk.
  • Significant experience in investment banking products including loan products and derivatives.
  • Strong familiarity with regulatory risk rating requirements and application of such guidance.
  • Strong documentation (loan and/or derivatives), analytical, presentational, and communication skills required.

Preferred Skills & Experience

  • Flexibility, ability to learn quickly.
  • Strong analytical and communication skills, both oral and written.
  • Experience in team environment, including working with colleagues across multiple offices and locations.
  • Strong organizational skills and the ability to manage multiple assignments concurrently.

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness, and personal finance offerings and mindfulness programs.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

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