Risk, Credit Risk Management & Advisory Department(CRMA), Credit Research Approver, Associate/Vice President, Singapore

  • Competitive
  • Singapore
  • Permanent, Full time
  • Goldman Sachs International
  • 17 Dec 17 2017-12-17

Risk, Credit Risk Management & Advisory Department(CRMA), Credit Research Approver, Associate/Vice President, 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 ratings decisions that you oversee and approve, you are a critical link in the firm's credit risk-taking process, and can impact how the firm balances risk and rewards 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 a safeguard of the firm's capital through economic cycles.

HOW YOU WILL FULFILL YOUR POTENTIAL
The Credit Risk Management & Advisory Department ("CRMA") is a central part of the Goldman Sachs risk management framework, with primary responsibility for assessing, monitoring and managing credit risk at the Firm. CRMA is staffed globally with offices in New York, London, Frankfurt, Hong Kong, Tokyo, Seoul, Sao Paulo, Salt Lake City and Singapore. As a member of CRMA you will interface with a variety of divisions around the firm (Securities, Banking, Legal, Compliance, Operations, etc.) as well as the other regional CRMA 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. CRMA professionals are part of the value proposition of the firm and we balance our key control responsibilities with a commercial mindset. CRMA has strong traditions of risk management, client service excellence and career development opportunities for our people. For more detailed information about CRMA and the Firm, please visit www.gs.com/careers .

RESPONSIBILITIES
CRMA's Singapore office works closely with CRMA's offices in London, Hong Kong and Tokyo across several key functions:

  • Product risk management including credit limit monitoring, exception management, and regular and ad hoc risk exposure reporting, which are critical to GS' ability to effectively monitor counterparty credit quality migration and take appropriate actions
  • Counterparty risk management including sourcing, managing and taking ownership of information integrity, which are essential to effective risk management of mutual funds, hedge funds, financial institutions, corporations and governments to which GS takes credit risk
Duties for the role of Credit Research Approver for Asia Pacific Corporates include:
  • Be responsible for the content and quality of annual credit reviews of counterparties in these sectors that are produced by more junior colleagues
  • Rate counterparties according to their business and financial profiles by the firm's internal credit rating scales
  • Perform ongoing surveillance and provide guidance to senior management and colleagues about counterparty credit worthiness changes/migrations
  • Train and develop more junior research analysts
  • Participate in development of credit systems and credit review methodologies
  • Lead and/or participate in due diligence calls with clients
  • Willingness to expand coverage to other industries


RESPONSIBILITIES AND QUALIFICATIONS BASIC QUALIFICATIONS
  • Minimum 5-6 years' experience performing credit analysis, including financial and business profile analysis, of corporations across a range of industries
  • Demonstrated experience leading a team and providing training to junior colleagues
PREFERRED QUALIFICATIONS
  • Basic familiarity with derivatives that give rise to credit risk and/or loans is a plus
  • MBA or CFA preferred but not required


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., 2017. All rights reserved
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.