Risk, Credit Risk - Asset Secured Lending, Analyst, Frankfurt at Goldman Sachs

Frankfurt, Hesse, Germany -

Full Time

Start Date

Immediate

Expiry Date

28 Aug, 26

Salary

0.0

Posted On

30 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Underwriting, Credit Analysis, Financial Analysis, Asset-Based Financing, Commercial Real Estate Financing, Quantitative Analysis, Qualitative Analysis, Portfolio Monitoring, Communication Skills, Organizational Skills, Structured Finance, Derivative Review

Industry

Financial Services

Description

RISK Our Risk division develops comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success. BUSINESS UNIT Credit Risk (CR) is responsible for managing the firm's 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 firm's risk appetite. 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 * Risk underwriting asset-based financing (e.g. loans secured discrete commercial real estate mortgage transactions, auto or loan portfolio warehousing and other collateral), including review of transactions, participate in approval process, and make recommendation of appetite * Conducting in-depth analysis to assess the credit and financial strength of borrowers and counterparts in the REIT/Corporate Real Estate sector by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors * Review derivative and funding transactions while ensuring appropriate documentation and risk mitigants to protect against default and minimize potential losses * Identify and escalate notable industry and performance trends and recommend appropriate action to senior team members * Monitor the performance of counterparties in the portfolio, including adherence to covenants and analyzing the counterparties' performance relative to budget and/or underwriting expectations * Support Credit Risk management senior leadership with analysis, reporting and presentations * Coordinate with global colleagues in GS Risk teams as well as with other divisions, including Asset & Wealth Management, Global Banking & Markets, Controllers, Legal and Operations SKILLS AND RELEVANT EXPERIENCE * Bachelor's degree, 1 - 3 years of relevant experience * Strong willingness to learn in fast paced, team-based environment with a positive attitude required * Strong interest and familiarity with finance, financial markets, and economic developments. * Knowledge of credit risk, financial & equity markets, Structured Finance and/or Commercial Real Estate Financing is beneficial * Strong analytical, communication, and organizational skills required * Attention to detail, curious, motivated, self-starter, flexible and quick learner * Team player with an ability to work effectively with colleagues in other regional offices * Strong organizational skills and the ability to manage multiple assignments concurrently ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html © The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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Responsibilities

The role involves risk underwriting for asset-based financing and conducting in-depth credit analysis for borrowers in the REIT and Corporate Real Estate sectors. Additionally, the analyst will monitor portfolio performance, review derivative transactions, and coordinate with global risk teams.