Job
Description
In the role of Credit Review at Goldman Sachs, you will be responsible for independently assessing the effectiveness of the firm's credit risk management processes. You will provide senior management and the Board of Directors with objective and timely assessments of the credit portfolio. Reporting to the Chief Risk Officer (CRO), you will work independently from Credit Risk. Key Responsibilities: - Conduct systematic reviews of wholesale credit portfolios, analyzing counterparty credit quality to assess risk identification accuracy and the adequacy of documentation, administration, policies, and procedures. - Lead and participate in industry reviews, ensuring compliance with credit review procedures and regulatory guidance. Document conclusions clearly and concisely. - Manage and guide review teams to meet key milestones during industry reviews. Aggregate, document, and communicate findings effectively. - Evaluate the adequacy of Credit Risk's analysis, including credit ratings accuracy, timeliness of changes, identification of credit weaknesses, and adherence to policies, procedures, laws, and regulations. - Challenge Credit Risk's ratings, policies, and procedures as necessary. - Perform ongoing surveillance of assigned industry sectors to identify emerging risks and stay informed of trends. - Prepare quarterly reports assessing the overall risk of industry portfolios. Qualifications Required: - Bachelor's and/or Master's degree. - 10+ years of banking or credit-related experience, including credit review, credit risk management, lending, or regulatory supervision. - Strong knowledge of credit analysis, ratings analysis, or corporate finance. - Subject matter expertise in various sectors such as corporates, industrials, energy, technology/media/telecom, commercial real estate, asset secured lending, and counterparty credit risk is advantageous. - Experience with internal audit or credit/loan risk review processes preferred. - Knowledge of banking regulations related to lending and risk management. - Background or experience in finance and accounting. - Understanding of lending products, capital markets/traded products, credit/loan & trading documentation. - Strong organizational, analytical, and communication skills. - Ability to manage multiple assignments concurrently, work efficiently in a team environment, and provide expert advice to management. About Goldman Sachs: Goldman Sachs is a leading global investment banking, securities, and investment management firm founded in 1869. Committed to diversity and inclusion, the firm offers various opportunities for professional and personal growth, including training, development, networks, benefits, and wellness programs. Goldman Sachs also provides accommodations for candidates with special needs or disabilities during the recruiting process. Best-In-Class Benefits: - Healthcare & Medical Insurance: Offers a wide range of health and welfare programs including medical, dental, disability, life, and accident insurance. - Holiday & Vacation Policies: Competitive vacation entitlements based on employee level and office location. - Financial Wellness & Retirement: Assistance with retirement planning, financial support for education, and benefits for unexpected situations. - Health Services: Medical advocacy, counseling services, and on-site health centers in certain offices. - Fitness: Encouragement for a healthy lifestyle with on-site fitness centers and reimbursement for fitness club memberships. - Child Care & Family Care: On-site child care centers, mother and baby rooms, counseling services, and programs for parents returning from leave. Goldman Sachs provides a full suite of benefits to support employees" well-being and professional development.,
