Jobs
>
Salt Lake City

    Risk, Credit Risk, Financial Institutions, Associate SLC - Salt Lake City, United States - Goldman Sachs

    Default job background
    Description

    Department Overview

    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 270 professionals, CR operates through 12 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.

    Job Responsibilities

  • Assess the credit and financial strength of the firm's Financial Institution counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors
  • Perform credit underwriting of derivative and funding transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses
  • Perform credit underwriting of lending transactions, contributing credit recommendations and support to the firm's capital committee approval process
  • Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required
  • Present findings and recommendations to senior management and answer questions relating to analysis performed
  • Proactively monitor and assess counterparts and industry subsectors including based on market indicators, regulatory guidance, rating agency commentary and counterparty surveillance and report relevant information and its impact to senior management in a timely manner
  • Basic Qualifications

  • Minimum of 3 years of experience covering Financial Institutions, either in a counterparty credit risk management role (preferred), fixed income research or other credit analyst role
  • Knowledge of banks, exchanges, clearing houses, broker-dealers, finance companies, BDCs, CDFIs, mortgage companies, insurers
  • Knowledge of derivatives, funding, and lending products and related trading and lending documentation (., ISDA/CSA, MRA, MSFTA, credit agreements)
  • Familiarity with regulatory risk rating requirements and application of such guidance
  • Proven track record of sound decision making and the ability to steer client and business negotiations to successful outcomes
  • Strong written and oral communication and presentational skills
  • Experience in presenting and defending credit work and findings to credit colleagues, senior management and other internal stakeholders
  • Strong organizational skills and the ability to manage multiple assignments concurrently
  • Bachelor's degree in Business Administration, Finance, or a related field
  • Competencies

  • Functional Knowledge and Technical Skills – Demonstrates a functional understanding of financial markets, risk analysis and current risk management practices as well as strong technical skills required for the role. Values attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
  • 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 in a clear and concise manner, shares information/new ideas with peer group and team, while demonstrating 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 and Influence- Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value. 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 /careers.

    We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.



  • BankTalent HQ Salt Lake City, United States

    Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For ...


  • Goldman Sachs Group, Inc. Salt Lake City, United States

    GOLDMAN SACHS · Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquar ...


  • FAIRFIELD INN & SUITES OF SLC AIRPORT Salt Lake City, United States

    Job Description · Job DescriptionJoin Our Team: · Seeking a Skilled Maintenance Associate · The Fairfield by Marriott hotel is in search of an experienced and dedicated Maintenance Associate to oversee our facility's upkeep and ensure our guests enjoy a safe, comfortable, and me ...


  • BankTalent HQ Salt Lake City, United States

    Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For ...

  • Denali Therapeutics

    Office Coordinator

    1 week ago


    Denali Therapeutics Salt Lake City, United States

    Neurodegenerative diseases are one of the largest medical challenges of our time. Denali Therapeutics is a biotechnology company dedicated to developing breakthrough therapies for neurodegenerative diseases through our deep commitment to degeneration biology and principles of tra ...

  • AAA Cooper Transportation, Inc.

    CDL A Truck Driver

    1 week ago


    AAA Cooper Transportation, Inc. Salt Lake City, UT, United States

    Average $130,000+ each · Our Salt Lake City, UT terminal is immediately hiring Team Truck Drivers. Run goes from SLC to NM and back and SLC-Dallas. · Job details · + Starting at .84 Cents/Mile · + Each driver averages $130,000+ per year · + Truck averages 6200 miles a week · + M- ...


  • BRAD HALL COMPANIES North Salt Lake, United States

    Job Details · Job Location · TP SLC - North Salt Lake City, UT · Position Type · Full-Time/Part-Time · Job Category · Transportation · Description · Teton Petroleum Transport (TPT) is currently seeking a Fuel Transport Driver. This role will load, haul, and deliver fuel for our c ...


  • BRAD HALL COMPANIES North Salt Lake, United States

    Job Details · Job Location · TP SLC - North Salt Lake City, UT · Position Type · Full-Time/Part-Time · Salary Range · $ $36.00 Hourly · Job Category · Transportation · Description · Teton Petroleum Transport (TPT) is currently seeking a Fuel Transport Driver. This role w ...


  • LifeStance Health Salt Lake City, United States

    We are actively looking to hire talented Therapists in the area, who are passionate about patient care and committed to clinical excellence. We are looking to hire for all office locations in Utah Is this you?Wanting to deliver high quality behavioral healthcare.Seeking work life ...


  • Aimbridge Hospitality Salt Lake City, United States Part time

    Job Summary · Front Desk Agents are responsible for greeting and registering the guest providing outstanding guest service during their stay and settling the guest's account upon completion of their stay. Primary responsibilities include: registering guests making and modifying r ...


  • Denali Therapeutics Salt Lake City, UT, United States

    Neurodegenerative diseases are one of the largest medical challenges of our time. Denali Therapeutics is a biotechnology company dedicated to developing breakthrough therapies for neurodegenerative diseases through our deep commitment to degeneration biology and principles of tra ...


  • Aimbridge Hospitality Salt Lake City, United States Part time

    Front Desk Agents are responsible for greeting and registering the guest providing outstanding guest service during their stay and settling the guest's account upon completion of their stay. Primary responsibilities include: registering guests making and modifying reservations ho ...


  • LifeStance Health Salt Lake City, United States

    We are actively looking to hire talented Therapists in the area, who are passionate about patient care and committed to clinical excellence. We are looking to hire for all office locations in Utah · Is this you?Wanting to deliver high quality behavioral healthcare.Seeking work l ...

  • Aimbridge Hospitality

    Night Auditor

    1 week ago


    Aimbridge Hospitality Salt Lake City, United States

    Job Summary · The Night Auditor is responsible for the preparation and disposition of all Night Audit work. Responsible for the front desk operation during the overnight shift (Typically 11pm-7am). Primary responsibilities include: registering guests making reservations preparing ...

  • Spelman College

    Environmental Manager

    2 weeks ago


    Spelman College Salt Lake City, United States

    With our strong investment in research and development and our culture of continuous improvement, Hexcel is the industry leader in the manufacturing of advance composite materials, including carbon fiber, woven reinforcements, resins, prepregs, honeycombs and additive manufacture ...

  • PacifiCorp

    Relay Technician

    4 days ago


    PacifiCorp Salt Lake City, United States

    Relay Technician - Local 57 (SLC, UT ) - #111856 Job Details | PacifiCorp · By continuing to use this website you consent to our use of cookies · Accept Close · Press Tab to Move to Skip to Content Link · Skip to main content · Stay Connected View All Careers Why PacifiCorp · * B ...


  • LifeStance Health Salt Lake City, United States

    We are actively looking to hire talented Therapists in the area, who are passionate about patient care and committed to clinical excellence. We are looking to hire for all office locations in Utah · Is this you? · Wanting to deliver high quality behavioral healthcare. · Seekin ...

  • PacifiCorp

    Journeyman Lineman

    4 days ago


    PacifiCorp Colorado, United States

    Journeyman Lineman - Local 57 (SLC, UT - Metro) - #110538 Job Details | PacifiCorp · By continuing to use this website you consent to our use of cookies · Accept Close · Press Tab to Move to Skip to Content Link · Skip to main content · Stay Connected View All Careers Why PacifiC ...


  • LifeStance Health Salt Lake City, United States

    Job Description · Is this you? · * Wanting to deliver high quality behavioral healthcare. · * Seeking work life balance. · * Interested in growing professionally. · What we offer Therapists: · * Flexible work schedules · * Full Time position · * Telemedicine and in-person flexibi ...


  • Aimbridge Hospitality Salt Lake City, United States

    The Complimentary AM Attendant is responsible for providing the highest quality of service possible to guests in an efficient and courteous manner within the complimentary breakfast area of a hotel. In addition this individual shall be well-versed on the hotel-brand standards gue ...