Credit Risk Management & Advisory, Analyst - New York

MORE ABOUT THIS JOB

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

DIVISIONAL OVERVIEW

The Credit Risk Management & Advisory (CRMA) Department interacts with every division of Goldman Sachs. Leveraging its extensive expertise in financial, credit and risk analysis, CRMA provides astute and objective judgment to the firm and its clients. Goldman Sachs is one of the few Wall Street firms to house both the risk management function for sales and trading, as well as the credit rating advisory function for Investment Banking clients, under one department. Since CRMA has been structured to work closely with almost every part of the firm, its 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.

Working as an analyst, you will have the opportunity to work on several unique teams covering different industries and/or products. Industry teams include, but are not limited to, consumer goods, energy & power, financial institutions, hedge funds, retail, sovereigns, technology, and transportation. Product teams include, but are not limited to, commodities, credit derivatives, equity derivatives, foreign exchange, and swaps.

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES

Upon joining CRMA, you will act as a risk manager, determining the firm's risk appetite to trading counterparties, requiring a thorough understanding of both the products transacted by Goldman Sachs' sales & trading desks, and our counterparties' business and financial profiles. The department also actively monitors and reports on the firm's trading exposures across products, sectors and regions. As a CRMA professional, you might:

  • Research the fundamentals of the wireless industry to determine Goldman Sachs' risk appetite to the sector
  • Analyze the financial strength of a hedge fund that wants to trade with the currency-trading desk
  • Structure a collateral arrangement to mitigate risk associated with an equity derivatives trade
  • Coordinate with Sales & Trading, Legal, Operations and Compliance to protect against a counterparty default and minimize potential losses

SKILLS AND EXPERIENCE WE'RE LOOKING FOR

  • Excellent academic records
  • A combination of analytical and communication skills
  • Flexibility
  • Time management
  • Ability to learn quickly

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2017. All rights reservedGoldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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