Risk, Credit Risk - Emerging Markets, Associate, London
Goldman Sachs
Application
Details
Posted: 19-Jun-24
Location: London, United Kingdom
Type: Full-time
Internal Number: 20829539
RISK Our Risk division develops comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.
CREDIT RISK Credit Risk is responsible for managing the firm's credit exposure to its trading and lending counterparties. Credit professionals protect the Firm's capital by leveraging expertise in financial analysis of clients, markets, and products to make risk decisions. 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 wide range of projects allow for a challenging, varied and multi-dimensional work environment. This role is ideal for collaborative individuals who are intellectually curious, have strong ethics and attention to detail.
RESPONSIBILITIES
Assess the credit and financial strength of the firm's borrowers and counterparts across Emerging Markets (CEEMEA region) by performing fundamental credit analysis using both quantitative and qualitative factors.
Coordinate with Global Banking and Markets (GBM), Legal, Operations and Compliance departments to r eview and approve derivative, funding and lending transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses.
Proactively monitor and assess counterparts and industry / country portfolios and report relevant information and its impact to senior management in a timely manner
Develop and manage relationships with colleagues from the broader Risk division as well as with other areas of the firm
Represent credit views in Risk Committees
Interact with regulators as part of the ongoing supervision process
Perform sector analysis regularly in order to assess portfolio concentration or trends
Monitor, manage and report exposures at a counterpart, product and portfolio level
SKILLS AND RELEVANT EXPERIENCE
At least 5-7 years of relevant experience in credit analysis for corporates and financial institutions. Experience covering clients in Emerging Markets is desirable, although not a strict requirement
Knowledge of derivatives, funding, and lending products, including structured non-vanilla transactions. Experience in negotiating trading documentation (ISDA, GMRA).
Strong interest and familiarity with finance, financial markets and economic / political developments in emerging markets
Appreciation for country-related risk factors and their impact on transactional analysis.
Strong analytical, quantitative and organizational skills
Strong written and verbal communication skills
Ability to work flexibly in teams and manage a varied workload to meet deadlines
Track record of independent decision-making and the ability to steer client and business negotiations
Fu nctional 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 recommendation