- Job id
- 17086
- Location
- Singapore
- Full/Part Time
- Full-time
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Job Summary & Responsibilities
DIVISIONAL OVERVIEWThe 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. In addition, CRMA, in cooperation with the Investment Banking Division, provides credit rating advisory services to the firm’s clients. 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 was established to support significant growth in the Asia and EMEA regions. The 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 in Asia Pacific Financial Institutions/sovereign/sub sovereign entities 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
SKILLS / EXPERIENCE
•Minimum 5 years experience performing credit analysis, including financial and business profile analysis, of financial institutions. Experience and knowledge of credit analysis of sovereign/sub-sovereign sectors are a plus
•Demonstrated experience leading a team and providing training to junior colleagues
Preferred Qualifications
•Familiarity with derivatives, other banks products that give rise to credit risk to counterparties is a plus•MBA or CFA preferred but not required
Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2013. All rights reserved.
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