As an Associate in Credit Risk at Goldman Sachs & Co. LLC in Salt Lake City, Utah, you will assess and manage the risk of loss resulting from the failure of a counterparty to meet its contractual obligations across the firm's trading and credit businesses. You will be responsible for approving transactions, setting credit exposure limits, monitoring adherence to those limits, measuring credit exposure and losses from counterparty default. Your role will involve conducting in-depth analyses related to causes and effects of credit events and performing sector and/or regional (i.e. country) based concentration analyses. You will recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. Additionally, you will perform counterparty research reviews and analysis of corporate counterparts, present findings and recommendations to senior management, and proactively monitor and assess counterparts and industry subsectors based on market indicators, regulatory guidance, rating agency commentary, and counterparty surveillance, reporting relevant information and its impact to senior management in a timely manner.