FAQs
What is the primary responsibility of the Risk, Credit Risk - Associate role at Goldman Sachs?
The primary responsibility of this role is to manage the firm's credit exposure to trading and lending counterparties by assessing their creditworthiness, performing counterparty reviews, recommending internal ratings, and setting counterparty risk limits.
What experience is required for this position?
The position requires 3-5 years of experience in a finance, markets, or risk role, along with significant knowledge of capital markets, including derivatives and/or repo.
What skills are essential for a successful candidate in this role?
Essential skills include strong attention to detail, excellent analytical and communication skills, functional expertise in financial markets and portfolio risk management, and the ability to make independent decisions.
How does the Credit Risk team collaborate with other departments at Goldman Sachs?
The Credit Risk team works closely with various areas of the firm, allowing for diverse financial experience through interaction with different departments and participation in a broad range of projects.
What are the salary and bonus expectations for this position?
The expected base salary for this position is between $110,000 and $140,000, and there may be eligibility for a discretionary bonus if you are an active employee as of fiscal year-end.
What benefits does Goldman Sachs offer to its employees?
Goldman Sachs provides a variety of competitive benefits and wellness offerings, which include training and development opportunities, wellness programs, personal finance offerings, and mindfulness initiatives, among others.
What competencies are highlighted as important for candidates applying for this position?
Important competencies include functional expertise and technical skills, client and business focus, teamwork, effective communication, judgment and problem-solving abilities, creativity and influence, and a commitment to continuous development.
Is diversity and inclusion a priority at Goldman Sachs?
Yes, Goldman Sachs is committed to fostering and advancing diversity and inclusion in the workplace, providing opportunities for professional and personal growth for all employees.
Are accommodations available for candidates with special needs during the recruiting process?
Yes, Goldman Sachs is committed to finding reasonable accommodations for candidates with special needs or disabilities during the recruitment process.
Where can I learn more about the culture and benefits of working at Goldman Sachs?
More information about the culture, benefits, and people at Goldman Sachs can be found at GS.com/careers.