Job Id: 20210420003
Company: Goldman Sachs
Job Role: Risk – Credit Risk – Analyst / Associate
Experience: 1-5 Years
Job Location: Bangalore
Salary: Best in Industry
Vacancies: Best in Industry
Job Description Goldman Sachs Careers Job Vacancy for Credit Risk Analyst in April 2021:
The responsibilities may include the following:
Managing product risk, including credit limit and settlement risk monitoring, limit exception management, stress testing, risk exposure analysis and post-trade risk management processes
Developing a good high level working knowledge of methods used to model and monitor credit risk across various products. Leveraging the knowledge to assess risk of transactions, portfolio analysis and stress testing
Assessing the credit and financial strength of counterparties like, hedge fund, mutual fund and private equity fund by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors. Recommending appropriate internal risk rating for each counterparty and setting credit limits
Understanding credit and margin terms in trading documentation to protect against a defaults and minimize potential losses
Supporting projects to improve the firm’s systems and infrastructure, leveraging and developing your knowledge of how the firm models and monitors credit risk across various traded products
Executing on projects to manage big data and design and automate existing infrastructure, performing anomaly detections in large data sets, investigating the cause, recommending corrective actions and executing the agreed solutions
Identifying, investigating and resolving data discrepancies or omissions required for core risk management and reporting needs while proactively redesigning and implementing enhanced workflows to ensure continual improvement in data capture and integrity for current and future needs
Working collaboratively with Risk Engineering colleagues to continually identify and solve for operating efficiency
Spreading historical and projected financials in Credit systems and performing analysis including peer comparison to identify and document trends and anomalies necessary in assessing creditworthiness
Preparing regular reports and trend analysis for client public rating changes, funding activities, amendment activity for prudent counterparty risk management Analyzing borrowing base and covenant compliance certificates for lending clients and documenting findings
Preparing materials to guide interactions with firm external governing bodies such as regulators and industry bodies
Developing and managing relationships with other areas of the firm, including Trading, Operations, Collateral Management, Legal, Compliance, Controllers, Internal Audit, Technology
1-5 years of experience in a related credit risk role, preferably in hedge funds, private equity and/or financial institutions space
Excellent written and verbal communication skills
Entrepreneurial, creative, self-motivated and team-orientated
Strong analytical and quantitative skills and ability to understand mechanics of derivative products
Practical knowledge of mathematics and numerical algorithms, including statistics and time series analysis.
Experience with, or keen interest to develop expertise in, financial markets & economics
Experience with, or keen interest to develop expertise in, development of risk analytics, interpretation & productivity tools for cultivating insights into risk & capital metric data.
Experience with, or keen interest to develop expertise in, programming skills is preferable
In performing the job function, you will have the following opportunities:
Work in a dynamic & highly creative teamwork and consensus-orientated environment
Exposure to industry leading market data, pricing and risk & capital models for all activities the Firm engages in.
Exposure to challenging quantitative problems such as modeling risks for derivatives, large scale Monte-Carlo simulations across the firm and advanced approximation techniques for risk measurements.
Development of economic, financial product and market knowledge.
Engagement in critical internal risk management activities, and provision of data to both internal and external clients & Firm governing bodies
Opportunities to work with senior members of the division and a wide variety of groups across all areas of the Firm
Exposure to large volumes of data (a.k.a ‘Big Data’) and the tools & techniques to interact with, and determine meaningful interpretations of, such data.