Goldman Sachs Risk Counterparty Credit – Financial Institutions/Distressed 

Germany, Hesse, Frankfurt 

377204133

Our Risk division develops

JOB DESCIPTION

Senior Analyst /Associate. Teams’ activity includes risk management of a portfolio of clients in the EMEA Financial Institutionsas 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 derivativeand lendingtransactions 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 GSBank 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 riskmanagement

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