higher.gs.com Open in urlscan Pro
18.66.192.123  Public Scan

Form analysis
0 forms found in the DOM

Text Content

GoldmanSachs Logo

 * Careers Home
 * Careers Blog
 * Students

help_outline

personexpand_more

Risk, Counterparty Credit Risk – Financial Institutions/Distressed Credit
Management, Senior Analyst/Associate, Frankfurtlocation_onFrankfurt, Hessen,
Germany
shareShare
bookmark_borderSave
Opportunity Overview
sitemap_outline
CORPORATE TITLEAssociate
language
OFFICE LOCATION(S)Frankfurt
assignment
JOB FUNCTIONCredit Risk
account_balance
DIVISIONRisk Division
Apply

RISK

Our Risk division develops and manages 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. 

JOB DESCIPTION

Credit Risk Financial Institution and Workout & Restructuring teams within
Global Banking & Markets are looking for a Senior Analyst / Associate. Teams’
activity includes risk management of a portfolio of clients in the EMEA
Financial Institutions industry as well as managing the firm’s distressed and
defaulted credit positions to maximize recoveries.

RESPONSIBILITIES

 * Assess the credit and financial strength of the firm's Financial Institution
   and CCP counterparts by performing fundamental credit analysis 
 * Review and approve derivative and lending transactions while ensuring
   appropriate documentation and risk mitigants to protect against default and
   minimize potential losses
 * Monitor credit trends of financial markets participants, proactively
   escalating to and advising management team
 * Support GS Bank Europe’s counterparty credit risk governance framework
 * Monitor the performance of Watch List counterparties, including adherence to
   terms and covenants, and repayments
 * Coordinate work related to fire drills, review of workout cases and
   escalation to senior management
 * Enhance policies and procedures in the areas of early warnings, closeout and
   default management   
 * Develop expertise in bankruptcy and distressed credit management. Participate
   in formulating workout strategies and approval discussions
 * Interact with auditors and regulators as part of the ongoing supervision
   process in the area of counterparty credit risk

SKILLS AND RELEVANT EXPERIENCE REQUIRED

 * 3+ years of relevant experience covering Financial Institutions, either in a
   counterparty credit risk management role, fixed income research or other
   credit analyst role
 * Good understanding of financial institutions fundamentals such as banks,
   CCPs, broker-dealers, finance companies or insurers
 * Knowledge of derivatives, funding, and lending products and related trading
   and lending documentation (i.e., ISDA/CSA, MRA, credit agreements)
 * Familiarity with regulatory requirements and practices in counterparty credit
   risk governance / distressed credit risk management

FUNCTIONAL EXPERTISE 

 * 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 analyses 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

 
ABOUT GOLDMAN SACHS

 
At Goldman Sachs, we commit our people, capital and ideas to help our clients,
shareholders and the communities we serve to grow. Founded in 1869, we are a
leading global investment banking, securities and investment management firm.
Headquartered in New York, we maintain offices around the world. 
 
We believe who you are makes you better at what you do. We're committed to
fostering and advancing diversity and inclusion in our own workplace and beyond
by ensuring every individual within our firm has a number of opportunities to
grow professionally and personally, from our training and development
opportunities and firmwide networks to benefits, wellness and personal finance
offerings and mindfulness programs. Learn more about our culture, benefits, and
people at GS.com/careers. 
 
We’re committed to finding reasonable accommodations for candidates with special
needs or disabilities during our recruiting process. Learn more:
https://www.goldmansachs.com/careers/footer/disability-statement.html
 
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer
Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

 
We Offer Best-In-Class Benefits

Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on
office location. These generally include medical, dental, short-term disability,
long-term disability, life, accidental death, labor accident and business travel
accident insurance.

Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office
location. We promote time off from work to recharge by providing generous
vacation entitlements and a minimum of three weeks expected vacation usage each
year.

Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial
support for higher education, and provide a number of benefits to help employees
prepare for the unexpected. We offer live financial education and content on a
variety of topics to address the spectrum of employees’ priorities.

Health Services
We offer a medical advocacy service for employees and family members facing
critical health situations, and counseling and referral services through the
Employee Assistance Program (EAP). We provide Global Medical, Security and
Travel Assistance and a Workplace Ergonomics Program. We also offer
state-of-the-art on-site health centers in certain offices.

Fitness
To encourage employees to live a healthy and active lifestyle, some of our
offices feature on-site fitness centers. For eligible employees we typically
reimburse fees paid for a fitness club membership or activity (up to a
pre-approved amount).

Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up
care, as well as mother and baby rooms and homework rooms. In every office, we
provide advice and counseling services, expectant parent resources and
transitional programs for parents returning from parental leave. Adoption,
surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
Learn More
GoldmanSachs Logo


--------------------------------------------------------------------------------

© 2024 Goldman Sachs
 * Privacy and Cookies
 * Terms & Conditions
 * Security & Fraud Awareness
 * Regulatory Disclosures
 * Disability Accommodation for Applicants



Contact GS Careers Team

Hello, User

Login