Job Description

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RISK

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm.

Divisional Overview

The Risk Division is a team of specialists charged with managing the firms credit, market, liquidity, and operational risk. Whether assessing the creditworthiness of the firms counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firms success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Credit Risk (CR) is responsible for managing the firms 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 firms risk appetite. Staffed with 300 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.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities:

* Assess the credit and financial strength of the firm's borrowers and counterparts in the North America Natural Resources industry by performing fundamental credit analysis using both quantitative and qualitative factors
* Review and approve loan transactions, determine appetite and regulatory ratings (SNC), monitor credit trends in the portfolio
* Analyze the credit implications various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases
* Coordinate with Investment Banking/Financing group, Global Markets, Legal, Operations and Compliance departments to approve derivatives business and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses
* Analyze the risks inherent in the products GS transacts, including lending, trading and derivative products
* Perform sector analysis regularly in order to assess portfolio concentration or trends
* Monitor, manage and report exposures at a counterpart, product and portfolio level

Basic Qualifications:

* Ideally between 5 - 7 years of credit risk management experience, with a background in the Natural Resources industry (Oil & Gas, Power, Metals & Mining, Chemicals)
* Significant experience in investment banking products including loan products (IG, Leveraged Loans, Project Financings) and derivatives (derivatives include rates, FX and commodities)
* Demonstrable track record of independent decision making and the ability to steer client and business negotiations
* Strong familiarity with regulatory rating requirements (i.e. Leveraged Lending) and application of such guidance
* Strong documentation (credit agreements and/or ISDA, NAESB), analytical, presentational and communication skills required
* Must be able to lead and motivate engaged and diverse deal team, providing guidance to and supervision of junior members of the team
* Must be able to communicate at the most senior levels

Competencies:

* Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
* 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 analyzes 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 recommendations