Risk, Credit Risk, Analyst, Dallas

Goldman Sachs - Dallas, TX

Full-time - Entry Level

Dallas, TX

251-500 employees

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Credit Risk Analyst position at Goldman Sachs involves delivering credit risk analysis as part of the firm's risk management framework. The role requires a thorough understanding of credit fundamentals and the risks associated with lending and derivatives products. The analyst will support the credit risk management function for the Americas, working closely with various departments to assess creditworthiness and manage the firm's capital effectively.

Responsibilities

• Complete annual reviews to determine Internal Credit Ratings, Regulatory Risk Ratings and Watch List Status for your portfolio of counterparties.
• Assess the credit and financial strength of counterparts by performing fundamental credit analysis of both quantitative and qualitative credit factors.
• Review and approve derivative, funding and lending transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses.
• Coordinate with Sales & Trading, Investment Banking/Capital Markets, Legal and Operations departments to review business and ensure appropriate documentation, limits and risk mitigants.
• Proactively monitor and assess counterparts and industry subsectors and report relevant information and its impact to senior management in a timely manner.
• Develop and manage relationships with colleagues from the broader risk division as well as with other areas of the firm.
• Represent credit views in risk committees.
• Support the build out of the local entity including counterparty migration process, committee reporting and regulatory projects.
• Interact with regulators as part of the ongoing supervision process.

Requirements

• 0 - 3 years of experience; while Credit Risk experience is a positive, it is not a requirement.
• Knowledge of derivatives, funding, and lending products and related trading and lending documentation.
• Strong interest and familiarity with finance, financial markets and economic developments.
• Strong analytical and quantitative skills.
• Strong organizational skills and attention to detail.
• Strong written and verbal communication skills in English.
• Ability to work flexibly in teams and manage a varied workload to meet deadlines.

Benefits

• Healthcare & Medical Services
• Competitive vacation policies with a minimum of three weeks expected vacation usage each year.
• Financial support for higher education and retirement planning assistance.
• Medical advocacy service for critical health situations and counseling services through the Employee Assistance Program (EAP).
• On-site fitness centers and reimbursement for fitness club memberships.
• On-site child care centers and resources for expectant parents.