Global Banking & Markets- New York- Associate, Risk Governance- 9848184
About The Position
The Associate, Risk Governance role at Goldman Sachs & Co. LLC in New York, New York focuses on mitigating risks associated with facilitating lending commitments and sensitive banking transactions to ensure an excellent client experience. The position involves reviewing documentation for the approval and execution of lending commitments, ensuring compliance with Firm requirements, and leveraging specialized knowledge of business and engineering ethics, standardized engineering practices, operations, and risk-based decision making. The role requires partnering with bankers for seamless approvals and execution, liaising with multiple parties, and performing due diligence to comply with regulations. This includes translating regulatory requirements and applying knowledge of systems evaluation, risk management, and organizational behaviors. The associate will also devise and implement process improvement efficiencies by analyzing operational flows, applying optimization and simulation models, and developing enhanced standard operating procedures. A key aspect of the role is assessing and ensuring business requirements are met, acting as a catalyst for change and improvement in performance, quality, and monitoring. The position also involves communicating complex business and engineering ideas in layman's terms.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Business, Economics, Finance, Industrial Engineering, or related field.
- Two (2) years of experience in the job offered or a related role.
- Two (2) years of experience reviewing bank loan credit agreements and reviewing documentation terms for revolving credit facilities and term loans.
- Two (2) years of experience reviewing various forms of financial statements, including 10K’s, 10QQ’s, Compliance Certificates, and Borrowing Base Certificates.
- Two (2) years of experience leveraging tools and technologies to manage and report on risks and exposures, including using MS Office Suite.
- Two (2) years of experience communicating clearly, concisely, and effectively with internal and external constituents including leadership, corporate and sponsor clients, lawyers, and lead arrangers/banks.
- Two (2) years of experience analyzing large data sets and trends and summarizing results to produce presentations.
- Two (2) years of experience observing and assisting senior banker and product partners in the full life cycle of multiple transactions from pitch/origination, underwriting/approval, negotiation/execution, to position/portfolio management.
- Two (2) years of experience working on business specific projects and initiatives as needed, including process enhancements.
Nice To Haves
- Specialized knowledge of business and engineering ethics.
- Specialized knowledge of standardized engineering practices and operations.
- Specialized knowledge of risk-based decision making.
- Specialized knowledge of systems evaluation.
- Specialized knowledge of risk management.
- Specialized knowledge of organizational behaviors.
- Specialized knowledge of product analysis and control.
- Specialized knowledge of data analysis.
- Specialized knowledge of process analysis.
- Specialized knowledge of financial instruments.
Responsibilities
- Mitigate risks associated with facilitating lending commitments and/or sensitive banking transactions to ensure excellent client experience.
- Review documentation and information in connection with the approval and execution of lending commitments.
- Ensure compliance with Firm requirements to assist with the approval and underwriting of new lending commitments.
- Partner with bankers to ensure seamless approvals and execution processes.
- Liaise with multiple parties to execute transactions.
- Ensure due diligence is performed to comply with regulations.
- Devise and implement process improvement efficiencies by analyzing current operational flows and applying optimization and simulation models to develop enhanced standard operating procedures.
- Assess and ensure business requirements are met, acting as a catalyst for change and improvement in performance, quality, and monitoring performance.
- Communicate and transform complex business and engineering ideas into layman’s terms.
Benefits
- Equal opportunity employer
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
