Risk, Credit Risk, Associate, Salt Lake City

CRG – Associate Global Risk within the Risk division, which is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

About the Role

The Credit Risk ("CR") team is a central part of Goldman Sachs' risk management framework, with primary responsibility for assessing, monitoring, and managing credit risk at the firm. CR is staffed globally with offices in New York, London, Frankfurt, Salt Lake City, Hong Kong, Warsaw, and Tokyo. Credit professionals work closely with many areas of the firm and clients, offering a broad perspective on the firm's activities. The team balances control with commercial objectives and provides strong career development opportunities.

Responsibilities

• Approve counterparty research reviews and internal credit ratings analysis conducted by analysts, including:
  • Assessment of industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness
  • Financial models to assess counterparties' ability to service debt through cash flow projections
  • Analysis of performance relative to budget and/or underwriting expectations, as well as adherence to covenants
• Analyze all credit facilities of portfolio counterparties and recommend Regulatory Risk Ratings
• Present findings and recommendations to senior leadership and escalate issues to CR senior management
• Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management
• Update and maintain existing internal rating methodology
• Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed
• Provide industry-specific training and review process training to new hires and junior analysts
• Work on an industry team such as consumer, retail, healthcare, diversified industrials, technology, media, and telecommunications
• Coordinate with global colleagues in GS Risk teams and other divisions, including Investment Banking, Asset Management, Controllers, and Operations
• Support key Risk governance and approval committees
• Participate in regulatory examinations

Requirements

• Bachelor's Degree (US or foreign equivalent) in Business Administration, Finance, or a related field
• 3-7 years of experience in the job offered or a related role

Preferred Qualifications

• Experience in financial models including future projections and valuation methods (such as DCF, Multiple-based approach)
• Experience presenting and defending research reports and findings to colleagues, senior management, and internal stakeholders
• Experience in a team environment, including providing training to junior colleagues and peers
• Highly motivated with a strong academic background
• Strong analytical and communication skills, both oral and written
• Team player with an ability to work effectively with colleagues in other regional offices
• Flexibility and ability to learn quickly
• Strong organizational skills and the ability to manage multiple assignments concurrently