Risk, Credit Risk, Associate (m|f|x) Hong Kong

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. We commit people, capital, and ideas to help our clients, shareholders, and the communities we serve grow. Our people are our greatest asset—we say it often, and with good reason. It is only through the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders, and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellness and resilience programs, we offer our people the flexibility and support they need to achieve their goals both in and outside the office.

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

Credit Risk (CR) is a central component of Goldman Sachs’ risk management framework, with primary responsibility for assessing, monitoring, and managing credit risk across the firm. CR has a global presence with offices in New York, London, Salt Lake City, Warsaw, Bengaluru, Hong Kong, and Tokyo.

Understanding the credit quality of corporations, financial institutions, and governments worldwide is essential to the firm’s ability to serve as an effective financial intermediary. CR professionals with expertise in financial, credit, and risk analysis work closely with many areas of the firm as well as with clients, offering a unique opportunity to gain a broad perspective on the firm’s activities.

CR partners with other divisions within the firm and externally with clients to support the firm’s wide range of banking and trading businesses. CR professionals are integral to the firm’s value proposition and balance our key functional responsibility for control with our commercial role. CR has a strong tradition of risk management, excellence in client service, and career development opportunities for our people.

Tasks

• Assess the credit and financial strength of the firm’s trading counterparties and borrowers to determine acceptable levels of credit exposure
• Analyze the risks inherent in the products Goldman Sachs trades, including increasingly complex derivative transactions
• Participate in managing the risk of the lending book, including relationship loans and debt investments by the Asset and Wealth Management division.
• Coordinate with the firm’s business units, Legal, Operations, and Compliance departments to ensure appropriate documentation, covenant monitoring, limits, and risk mitigation to protect against counterparty default and minimize potential losses
• Monitor and manage exposures at the counterparty, product, and portfolio levels
• Meet with companies to conduct due diligence as part of ongoing oversight or in response to transactional requests

Profile / Your qualification / Your personality

• Experience in a related credit risk role
• University degree—no specific major(s) required, but problem-solving, analytical, and quantitative skills are essential
• Strong verbal and written communication skills
• Team-oriented, but drive and the ability to work independently are also important
• Ability to multitask, prioritize workloads, and meet deadlines
• Attention to detail
• Proficiency in Excel

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Location

1 Sunning Road, Causeway Bay, HK-2978 1000 Hong Kong