Global Banking & Markets, Policy, Documentation & Outreach, Risk, Associate - Dallas

ABOUT GOLDMAN SACHS:
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Market and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong and other major financial centers around the world.
MORE ABOUT THIS JOB:
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic team with a passion for the markets and an entrepreneurial mindset that compliments the cutting edge technological solutions provided as business needs evolve.

• Escalating / Negotiating Credit Terms: Assist Policy, Documentation and Outreach Negotiators (insource & outsource channels) with credit related questions, exercise judgment and escalate / assist with the negotiation of credit risk related terms in legal documents such as ISDA/CSA, GMRA, GMSLA and other capital market related legal documentation. Act as primary point of contact for specific credit playbook interpretation questions or to discuss negotiation strategies across multiple terms.
• Review Terms: Review and advise on additional credit terms, where such terms can be approved within the first line of defense before raising to second line of defense Credit Risk.
• Policy: Identify new themes and recommend updates to playbooks for second line of defense Credit Risk approval. Drive policy change that will provide Policy, Documentation and Outreach Negotiators more flexibility to negotiate on certain credit terms.
• Client Experience: Join client calls (as required), bridge the gap between the Policy, Documentation and Outreach function and second line of defense Credit Risk in order to troubleshoot, facilitate swift outcomes, engage and partner with sales (as required) to facilitate their conversations with clients and to also understand the business case for non-standard terms that will be escalated through second line of defense Credit Risk.
• Training and Development: Educate & upskill Policy, Documentation and Outreach Negotiators in order to increase functional autonomy. Develop a deep understanding of our Risk Division and Global Banking and Markets Division Policy, Documentation and Outreach functions, stakeholders, systems, policies, playbooks and procedures.
• Expand Partnerships: Develop/strengthen network with other first line of defense risk functions, in order to explore synergies and potential for expansion of delegated authority model beyond the scope of second line of defense Credit Risk.

• Bachelor's degree or equivalent in an analytical field (finance, economics, business studies, mathematics).
• Three + years of work experience, providing credit risk management coverage of a portfolio of clients (preferably within investment banking/financial services sector), assessing counterparty credit and financial strength through performing fundamental credit analysis using both quantitative and qualitative factors.
• Experience in, preferably, hedge fund, mutual fund, pension fund, private equity, financial institution and corporate credit analysis, across securities financing and derivatives products.
• Experience in financial models including, but not limited to, future projections, valuation methods (such as DCF, Multiple based approach).
• Excellent interpersonal and communication skills, experience explaining credit issues to both credit and non-credit stakeholders.