Risk Division- Salt Lake City - Associate, Credit Risk - 3734300

Associate, Credit Risk Goldman Sachs & Co. LLC - Salt Lake City, Utah Responsibilities Assess and manage risk of loss from failure of counterparties to meet obligations across the firm’s trading and credit businesses. Responsible for approving transactions, setting credit exposure limits, monitoring adherence to those limits, measuring credit exposure and losses from counterparty default. Conduct in-depth analyses related to causes and effects of credit events and perform sector and/or regional (i.e., country) based concentration analyses. Recommend and defend internal and regulatory risk ratings for counterparts/transactions as required. Perform counterparty research reviews and analysis of corporate counterparts. Present findings and recommendations to senior management and answer questions related to analysis performed. Proactively monitor and assess counterparts and industry subsectors 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. Qualifications Master’s degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and at least one (1) year of experience in the role or a related role. Bachelor’s degree (U.S. or foreign equivalent) in Finance, Computational Finance and Risk Management, Economics, or a related field and at least three (3) years of experience in the role or a related role. Applying accounting methods (GAAP and IFRS) to analyze financial reports and explain performance variances. Preparing reports on capital calls and financing portfolios and presenting findings on credit exposures and lending counterparties to senior management. Analyzing credit documents such as underwriting memoranda and loan/derivative documentation. Experience with credit regulatory processes such as the Shared National Credit or Allowance for Loan and Lease Losses. Working with derivatives, loans, and other products that give rise to credit risk to institutional counterparties. Using credit bureau data and other alternate data sources. Building financial models in Excel using advanced functionality, including macros, pivot tables, VLOOKUP, slicers, and HLOOKUP, and Microsoft PowerPoint to produce and present analytical insights and highlight data trends. Utilizing Business Intelligence Software solutions, including Tableau, to provide actionable insights for business decisions. Equal Opportunity Employer Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law. #J-18808-Ljbffr Goldman Sachs