Risk, Credit Risk - Vice President - Dallas, TX

Risk, Credit Risk- Global Banking & Markets - PE Funds & Asset Secured Lending, Vice President

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. https://www.goldmansachs.com/careers/divisions/risk/index.html

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.

• Assess the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Review and approve loan transactions, determine appetite and regulatory ratings, monitor credit trends in the portfolio, perform distressed analysis and estimate potential impairments.
• Analyze the credit implications on corporate clients of various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases.
• Coordinate with Investment Banking/Financing group, Sales & Trading, Legal, Operations and Compliance departments to approve derivatives business and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses.
• Analyze the risks inherent in the products GS transacts, including lending, trading and derivative products.
• Perform sector analysis regularly in order to assess portfolio concentration or trends.
• Monitor, manage and report exposures at a counterpart, product and portfolio level.

• Minimum of [6] years of credit risk management experience, with a background in Financial Institutions credit risk
• Significant experience in investment banking products including loan products and derivatives
• Demonstrable track record of independent decision making and the ability to steer client and business negotiations
• Strong familiarity with regulatory rating requirements and application of such guidance
• Strong documentation (loan and/or derivatives), analytical, presentational and communication skills required

• Evaluating credit risk aspects of fund financial performance and ratings profile, focusing on the credit and financial strength of the firm's Private Equity fund counterparts performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Providing insights and analysis to senior credit risk management on specific loans, broader portfolio information and product risk assessment.
• Reviewing and approving risk taking in the Fund Finance lending products both at initial underwriting and through the life of the loan.
• Working closely with first line teams in Global Banking & Markets to actively risk manage the asset secured loan portfolio through the market cycle.

• 5-10 years of credit risk management experience.
• Experience with Private Equity funds 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.

• 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.