Risk Division, Credit Research Group, Analyst/Associate, Singapore

  • Competitive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • Goldman Sachs International
  • 18 Sep 18 2018-09-18

Risk Division, Credit Research Group, Analyst/Associate, Singapore

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

YOUR IMPACT
Through credit risk taking decisions you make, you are striking a balance between risk and rewards for the firm in the most efficient way to enhance shareholder value. You will become a risk expert with in-depth knowledge in many industries. Your daily decisions will ensure that the firm's risk appetite statement and risk-taking philosophy are consistently executed. You are the safeguard of the firm's capital through economic cycles.

OUR IMPACT
We're a team of specialists charged with managing the firm's liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

HOW YOU WILL FULFILL YOUR POTENTIAL
Job Summary & Responsibilities
The Credit Risk Management Department ("CRM") is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CRM is staffed globally with offices including New York, London, Salt Lake City, Singapore, Hong Kong, Tokyo and Warsaw. As a member of CRM you will interface with a variety of divisions around the firm (Securities, Banking, Legal, Compliance, Operations, etc.) as well as the other regional CRM offices. The interaction with numerous departments and the diverse projects that ensue allow for a challenging, varied and multi-dimensional work environment.

We partner with other divisions in the firm and externally with clients to support the firm's wide array of banking and trading business. CRM professionals are part of the value proposition of the firm and we balance our key functional responsibility of control with that of being commercial. CRM has strong traditions of risk management, client service excellence and career development opportunities for our people.

CRM's Singapore office works closely with CRM's global offices across several key functions:

  • Product risk management, including credit limit and settlement risk monitoring, limit exception management, risk exposure analysis and reporting, and post-trade risk management processes. All of these areas are critical to GS' ability to effectively monitor and manage the risks we take across the counterparties with whom we trade
  • Counterparty evaluation, including assessing and monitoring the creditworthiness of the firm's trading counterparties and borrowers by completing fulsome reviews of their financial and business profiles
Analysts/Associates in the Credit Research Group (CRG) within CRM Singapore office will be responsible for:
  • Assessing and monitoring the creditworthiness of the firm's trading counterparties and borrowers (e.g. banks, industrials, hedge funds) by writing annual reviews and recommending internal credit ratings
  • Planning and participating in counterparty due diligence sessions
  • Monitoring counterparties and current events and produce qualitative commentaries for regional CRM colleagues and managers on how they impact counterparty/borrower credit quality

Over time, a CRG analyst should develop some industry expertise and knowledge of how to communicate broad industry trends, while interacting with CRM colleagues in a number of other offices across the globe.

RESPONSIBILITIES AND QUALIFICATIONS Basic Qualifications

Goldman Sachs seeks highly motivated candidates who have a track record of professional success and outstanding achievements in academic and extracurricular activities. We are looking for driven and innovative team players who have a keen interest in business, the financial markets, and risk management.
  • Highly motivated with strong academic background
  • Strong analytical and communication skills, both oral and written
  • Team player with an ability to work effectively with colleagues in other regional offices
  • Flexibility, ability to learn quickly
  • Strong organizational skills and the ability to manage multiple assignments concurrently
  • Strong interest in and familiarity with finance, financial markets and economic developments
  • Willingness to expand coverage to other industries / provide backup to colleagues covering other industries
  • Attention to detail
  • Ability to fluently speak and read business documents in Mandarin is helpful due to business needs
Preferred Qualifications
  • Functional background or relevant experience in finance and accounting preferred


ABOUT GOLDMAN SACHS The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.