Risk Management Specialist

Vor 4 Tagen


Frankfurt am Main, Hessen, Deutschland Goldman Sachs Vollzeit
Risk Management Role

Our Risk division is responsible for developing and managing comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. As a Risk Management Specialist, you will execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program.

Key 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
Requirements
  • 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 (ISDA/CSA, MRA, credit agreements)
  • Familiarity with regulatory requirements and practices in counterparty credit risk governance / distressed credit risk management
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. 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.



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