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Goldman Sachs Bank AG

Salt Lake City · · Vice President

Goldman Sachs Bank AG, Salt Lake City, Utah, United States, 84193


Risk, Credit Risk, Structured Finance/Commercial Real Estate - Vice President - Salt Lake City, UT Opportunity Overview CORPORATE TITLE : Vice President OFFICE LOCATION(S) : Salt Lake City JOB FUNCTION : Credit Risk DIVISION : Risk Division 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. 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. Key Responsibilities Approve counterparty credit research reviews and analysis conducted by analysts on Structured Finance and Commercial Real Estate/ REIT financing transactions. Analyze all credit facilities of the portfolio counterparties and recommend internal credit rating and regulatory risk ratings. Present findings and recommendations to senior leadership and answer questions relating to analysis performed; 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 for Structured Finance and Commercial Real Estate/ REIT financing facilities. Ensure compliance with Credit Risk policy and procedures, and recommend adjustments as needed. Provide both industry specific training and review process training to new hires and junior analysts. Other key responsibilities include: Coordinate with global colleagues in GS Risk teams as well as with other divisions. Support key Risk governance and approval committees. Participate in regulatory examinations. Basic Qualifications Bachelor’s Degree (US or foreign equivalent) in Business Administration, Finance, or a related field. Seven (7)+ years of experience in the job offered or a related role. Preferred Qualifications Preferred experience in underwriting, credit rating/research, and risk management of either or combination of the following three areas; Structured Finance (warehouse and other asset-backed financings), Commercial Real Estate Lending, and REIT Corporate Financing transactions. Experience in presenting and defending credit research and findings to colleagues, senior management and internal stakeholders. Experience in team environment, including experience providing training to junior colleagues and peers. Highly motivated with 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, ability to learn quickly. Strong organizational skills and the ability to manage multiple assignments concurrently. Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends. 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 analyzes 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 recommendations. 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. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.

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