Risk, Counterparty Credit Risk – Financial Institutions/Distressed Credit Management, Senior Analyst/Associate, Frankfurt

vor 2 Wochen

Frankfurt am Main, Hessen, Deutschland Goldman Sachs Vollzeit
Job Description

RISK

Our Risk division develops and manages comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.

CREDIT RISK

Credit Risk is responsible for managing the firm's credit exposure to its trading and lending counterparties. Credit professionals protect the Firm's capital by leveraging expertise in financial analysis of clients, markets, and products to make risk decisions. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions and gaining a broad perspective on how the entire Firm functions. The interaction with numerous departments and the wide range of projects allow for a challenging, varied and multi-dimensional work environment. This role is ideal for collaborative individuals who are intellectually curious, have strong ethics and attention to detail.

JOB DESCIPTION

Credit Risk Financial Institution and Workout & Restructuring teams within Global Banking & Markets are looking for a Senior Analyst / Associate. Teams' activity includes risk management of a portfolio of clients in the EMEA Financial Institutions industry as well as managing the firm's distressed and defaulted credit positions to maximize recoveries.

RESPONSIBILITIES

  • Assess the credit and financial strength of the firm's Financial Institution and CCP counterparts by performing fundamental credit analysis
  • Review and approve derivative and lending transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses
  • Monitor credit trends of financial markets participants, proactively escalating to and advising management team
  • Support GS Bank Europe' s counterparty credit risk governance framework
  • Monitor the performance of Watch List counterparties, including adherence to terms and covenants, and repayments
  • Coordinate work related to fire drills, review of workout cases and escalation to senior management
  • Enhance policies and procedures in the areas of early warnings, closeout and default management
  • Develop expertise in bankruptcy and distressed credit management. Participate in formulating workout strategies and approval discussions
  • Interact with auditors and regulators as part of the ongoing supervision process in the area of counterparty credit risk

SKILLS AND RELEVANT EXPERIENCE REQUIRED

  • 3+ years of relevant experience covering Financial Institutions, either in a counterparty credit risk management role, fixed income research or other credit analyst role
  • Good understanding of financial institutions fundamentals such as banks, CCPs, broker-dealers, finance companies or insurers
  • Knowledge of derivatives, funding, and lending products and related trading and lending documentation (i.e., ISDA/CSA, MRA, credit agreements)
  • Familiarity with regulatory requirements and practices in counterparty credit risk governance / distressed credit risk management

FUNCTIONAL EXPERTISE

  • 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 analyses 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 recommendation
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

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

The Goldman Sachs Group, Inc., 2023. All rights reserved

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

  • Consultant Data Science Credit Risk

    Vor 2 Tagen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Data Science Credit Risk (m/w/d) Du willst im Bereich Risk Advisory – Financial Industry Risk & Regulatory Finanzdienstleistern helfen, Risiken besser zu managen? Unser Team unterstützt umfassend in allen Phasen des Geschäftsprozesses und kombiniert gezielte Erfahrung, tiefes technisches Wissen, führendes Branchen Know-how und ein...

  • Consultant Data Science Credit Risk

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Data Science Credit Risk (m/w/d) Du willst im Bereich Risk Advisory – Financial Industry Risk & Regulatory Finanzdienstleistern helfen, Risiken besser zu managen? Unser Team unterstützt umfassend in allen Phasen des Geschäftsprozesses und kombiniert gezielte Erfahrung, tiefes technisches Wissen, führendes Branchen Know-how und ein...

  • Risk Controller

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland Selby Jennings Vollzeit

    We have a current opportunity for a Risk Controller (IRRBB) on a permanent basis. The position will be based in Frankfurt am Main. For further information about this position please apply.Responsibilities include:Operating Group-wide models to quantify market price risks and conduct stress tests, particularly concerning interest rate changes and credit...

  • Senior Associate Banking

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland BDO AG Wirtschaftsprüfungsgesellschaft Vollzeit

    Senior Associate Banking & Capital Markets focused on Risk Management and Credit (m/f/d) Abschnittstitel: CONFIDENCE. CHANGE. COOPERATION.CONFIDENCE. CHANGE. COOPERATION.Look forward to your new challenge in the banking & capital markets sector in a modern workplace in a central location in the banking metropolis of Frankfurt am Main. Right from the start,...

  • Consultant Financial Risk Management

    Vor 5 Tagen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Financial Risk Management (m/w/d) Du willst im Bereich Risk Advisory – Financial Industry Risk & Regulatory Finanzdienstleistern helfen, Risiken besser zu managen? Unser Team unterstützt umfassend in allen Phasen des Geschäftsprozesses und kombiniert gezielte Erfahrung, tiefes technisches Wissen, führendes Branchen Know-how und ein...

  • Consultant Financial Risk Management

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Financial Risk Management (m/w/d) Du willst im Bereich Risk Advisory – Financial Industry Risk & Regulatory Finanzdienstleistern helfen, Risiken besser zu managen? Unser Team unterstützt umfassend in allen Phasen des Geschäftsprozesses und kombiniert gezielte Erfahrung, tiefes technisches Wissen, führendes Branchen Know-how und ein...

  • Auditor Credit Risk

    Vor 2 Tagen

    Frankfurt am Main, Hessen, Deutschland Michael Page Vollzeit

    IntroSystemrelevante Bank|Starke Aufstiegsmöglichkeiten FirmenprofilWerde Teil des Audit Teams einer systemrelevanten Bank im Herzen FrankfurtsAls Auditor bist du mitverantwortlich für die Revisionstätigkeiten in dem Fachbereich Credit. Du arbeitest in einem wertschätzenden Arbeitsumfeld mit positiven Unternehmenskultur.AufgabengebietÜberprüfungen und...

  • Consultant Financial Risk Accounting

    Vor 2 Tagen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Financial Risk Accounting (m/w/d) Du willst im Bereich Risk Advisory – Financial Services in alle Aspekte des internen und externen Reportings eintauchen und dazu beitragen, die Finanzfunktion unserer Kunden zukunftsfähig aufzustellen? Unser Team unterstützt bei der Erfüllung gesetzlicher Anforderungen rund um die Rechnungslegung bzw....

  • Consultant Financial Risk Accounting

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Deloitte Germany Vollzeit

    Consultant Financial Risk Accounting (m/w/d) Du willst im Bereich Risk Advisory – Financial Services in alle Aspekte des internen und externen Reportings eintauchen und dazu beitragen, die Finanzfunktion unserer Kunden zukunftsfähig aufzustellen? Unser Team unterstützt bei der Erfüllung gesetzlicher Anforderungen rund um die Rechnungslegung bzw....

  • Non-Financial Risk Manager

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland ING DiBa AG - ING Vollzeit

    Non-Financial Risk Manager (w/m/d) in Frankfurt / Nürnberg Risk Management | Professional | Frankfurt am Main Risiken erkennen, einschätzen und absichern ist Deine leichteste Übung? Dank Deiner analytischen Denkweise hast Du bei komplexen Themen den Durchblick und hilfst anderen, ihn zu bekommen? Und Du möchtest in einem internationalen Konzern arbeiten,...

  • Associate - Trade Finance Officer (m/w/d)

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland Michael Page Vollzeit

    IntroOpportunities to grow|Well-known in the market FirmenprofilUnser Mandant ist eine sehr renommierte CIB.AufgabengebietAs a Middle Office Associate, you will do the administration, monitoring and control of trade transactions such as direct and indirect guarantees, SBLCs, import and export letters of credit booked in the Frankfurt Branch.We need someone...

  • Crypto - Head of Treasury (m/f/d) - Based in Frankfurt

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Page Executive Vollzeit

    About Our Client My client is a leading Crypto company based in Frankfurt that is looking for a Head of Treasury (m/f/d) to join the team. Job Description Strategic financial planning: you develop financial plans in cooperation with the CFO, that align with the company's goalsCash Management: you manage the company's cash for daily operations as well as long...

  • Risk Spezialist

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Page Personnel Vollzeit

    Firmenprofil Unser Kunde, ein internationales Finanzinstitut in Frankfurt am Main, sucht ab sofort ein wertvolles Teammitglied im Bereich Risk Management. Sie haben idealerweise bereits fundierte Berufserfahrung im Bereich Risk? Sie haben bereits mit aufsichtsrechtlichen Anforderungen und dem Risikocontrolling Berührung gehabt? Sie haben Freude an der...

  • Compliance, Financial Crime Compliance, AML Analyst/Associate

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland Goldman Sachs Vollzeit

    Compliance, Financial Crime Compliance, AML Analyst/Associate - FrankfurtOUR IMPACT Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance. Compliance accomplishes these through the firm's enterprise-wide compliance risk management program. As an...

  • Risk Spezialist

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Page Personnel Vollzeit

    Firmenprofil Unser Kunde, ein internationales Finanzinstitut in Frankfurt am Main, sucht ab sofort ein wertvolles Teammitglied im Bereich Risk Management. Sie haben idealerweise bereits fundierte Berufserfahrung im Bereich Risk? Sie haben bereits mit aufsichtsrechtlichen Anforderungen und dem Risikocontrolling Berührung gehabt? Sie haben Freude an der...

  • Frankfurt Internship Programme

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland NatWest Markets Vollzeit

    Why NatWest Markets Frankfurt?At NatWest Markets, we focus on what matters most to our customers, and what we do best: providing financing, risk management and trading solutions in Europe, Asia and the US.Here in our Frankfurt office, we aim to be the partner of choice for NatWest Group customers across Germany, Austria, Switzerland and beyond for their...

  • Busi­ness Analyst Stan­dard­soft­ware Open Risk and Repor­ting Plat­form

    vor 2 Wochen

    Frankfurt am Main, Hessen, Deutschland msg group Vollzeit

    Business Analyst Standardsoftware Open Risk and Reporting Platform / Banking (m/w/d) Für den Standort: Frankfurt, Karlsruhe Wir sind die msg for banking ag – mehr als 600 kluge Köpfe, die mit Fachexpertise, IT-​Kompetenz und Leidenschaft namhafte Kunden der Finanzdienstleistungsbranche unterstützen und mit einem passgenauen Leistungsangebot bei der...

  • Risk Consultant

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland Marsh Vollzeit

    Risk Consultant (m/w/d) Marsh AdvisoryGestalte Deine Karriere bei Marsh, dem weltweit führenden Industrieversicherungsmakler und Risikoberater. Seit 150 Jahren vertrauen Unternehmen auf die Beratung und Unterstützung von Marsh. Bei Marsh sind wir global vernetzt und bieten unseren Kunden branchenspezifische Makler- und Beratungsdienstleistungen. Wir helfen...

  • Cyber Risk

    vor 3 Wochen

    Frankfurt am Main, Hessen, Deutschland Wipro Vollzeit

    Cyber Risk & Security Sales Director (M/F/D)JOB_DESCRIPTION.SHARE.HTML Frankfurt/M, Germany; Munich, Germany GSH Job Description Wipro's Cybersecurity & Risk Services (CRS) helps businesses engage customers, drive sales, enhance customer experience and create an integrated enterprise that delivers consistent, omni channel, customer experience. It enables...

  • Senior Risk Engineer Property

    vor 4 Wochen

    Frankfurt am Main, Hessen, Deutschland Swiss Re Vollzeit

    Zur Verstärkung unseres Teams in München, Hamburg, oder Frankfurt am Main suchen wir Sie als Risikoingenieur:in bzw. Ingenieur:in für Risikomanagement (w/m/d). Als Senior Risk Engineer Property (w/m/d) in Voll- oder Teilzeit %) arbeiten Sie in einem unserer Büros, hybrid oder gänzlich im Homeoffice. Werden Sie Teil unseres Teams Wir freuen uns auf Sie...