Risk Division- New York- Vice President, Credit Risk- 8637952

Goldman Sachs • New York, NY

1d • $189,000 - $255,000 • Onsite

About The Position

Manage the Firm’s credit exposure to its trading and lending counterparties. Ensure that credit exposure to the Firm’s counterparts will be managed within the Firm’s risk appetite. Assess the credit and financial strength of the Firm's hedge fund, mutual fund, and private equity fund counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors. Evaluate derivatives and financing transactions across Global Markets clients by reviewing and approving risk taking across this sector. Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods. Negotiate credit and margin terms in trading documentation to protect against a default and minimize potential losses. Perform counterparty reviews, which will include recommending appropriate internal risk rating for each counterparty and setting credit limits.

Requirements

• Bachelor’s degree (U.S. or foreign equivalent) in Finance, Economics, Accounting, or related field.
• Five (5) years of experience in the job offered or in a related role.
• Five (5) years of experience with financial agreements including International Swaps and Derivatives Association (ISDA)/Credit Support Annex (CSA), Master Repurchase Agreement (MRA), or Master Securities Forward Transaction Agreement (MSFTA) agreements.
• Five (5) years of experience with regulatory risk rating requirements.
• Five (5) years of experience with financial modelling.
• Five (5) years of experience with advanced Microsoft Excel including working with macros, pivot tables, VLOOKUP, and IF/AND formulas.

Responsibilities

• Manage the Firm’s credit exposure to its trading and lending counterparties.
• Ensure that credit exposure to the Firm’s counterparts will be managed within the Firm’s risk appetite.
• Perform fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Evaluate derivatives and financing transactions across Global Markets clients by reviewing and approving risk taking across this sector.
• Assess risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods.
• Negotiate credit and margin terms in trading documentation to protect against a default and minimize potential losses.
• Perform counterparty reviews, which will include recommending appropriate internal risk rating for each counterparty and setting credit limits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level