Risk – Credit Research Group

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 and credit rating analysis conducted by analysts on Asset Backed Warehouse facilities  and Commercial Real Estate Lending / REIT corporate financing transactions 
• Analyze all credit facilities of the assigned 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 senior management
• Lead efforts to produce ongoing surveillance research and prepare portfolio observations for senior management
• Update and enhance existing internal rating methodology for Structured Finance and Commercial Real Estate/ REIT financing facilities
• Own and lead ad-hoc projects relating to regulatory remediation, credit risk process improvement, and surveillance 
• 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 juniors 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

Preferred Qualifications

• Preferred experience in underwriting, portfolio management, credit rating/research, and risk management of either of or a combination of the following three areas; Structured Finance (warehouse lending and other asset-backed financings), Commercial Real Estate Lending, and REIT Corporate Financing transactions
• Familiarity of CMBS / ABS / CLO structure and market drivers for various asset classes (eg CRE, residential mortgage, consumer & commercial receivables, aviation, transportation, etc) 
• 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

Competencies

• 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