ABOUT GOLDMAN SACHS
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Market and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bengaluru, Hong Kong and other major financial centers around the world.
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic team with a passion for the markets and an entrepreneurial mindset that compliments the cutting edge technological solutions provided as business needs evolve.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally.From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our professionals the flexibility and support they need to reach their goals in and outside the office.
YOUR IMPACT
You will be an integral part of a global team of trading documentation professionals, focused on growing our first line of defense Policy, Documentation and Outreach Risk function, partnering with trading documentation professionals across Prime and Franchise Global Banking and Markets Division business areas and related trading agreements.
As a member of the Policy, Documentation and Outreach Risk team, you will interact extensively with a range of stakeholders across business areas, both regionally and functionally. You will also coordinate and work with our core group of negotiators and leadership team, in addition to forging a strong partnership with the second line of defense Credit Risk function, playing a pivotal role in delivering change that will drive efficiency and greater commercial risk management in the first line of defense.Your contribution will be pivotal in supporting our commitment to increase revenue opportunity, enhance the client experience while effectively managing risk and grow the knowledge base of the Policy, Documentation and Outreach Group.
OUR IMPACT
The team is responsible for providing outstanding service by engaging with clients, understanding their trading activity, regulatory obligations and business strategies. We handle all aspects of the relevant negotiation and are therefore an essential component in the creation and maintenance of a trading relationship.
PRIMARY RESPONSIBILITIES
- Assist Policy, Documentation and Outreach Negotiators (insource & outsource channels) with credit related questions, exercise judgment and escalate / assist with the negotiation ofcredit risk related terms in legal documents such as ISDA/CSA, GMRA, GMSLA and other capital market related legal documentation. Act as primary point of contact for specific credit playbook interpretation questions or to discuss negotiation strategies across multiple terms.
- Escalating / Negotiating Credit Terms
- Review and advise on additional credit terms, where such terms can be approved within the first line of defense before raising to second line of defense Credit Risk.
- Review Terms
- Identify new themes and recommend updates to playbooks for second line of defense Credit Risk approval. Drive policy change that will provide Policy, Documentation and Outreach Negotiators more flexibility to negotiate on certain credit terms.
- Policy
- Join client calls (as required), bridge the gap between the Policy, Documentation and Outreach function and second line of defense Credit Risk in order to troubleshoot, facilitate swift outcomes, engage and partner with sales (as required) to facilitate their conversations with clients and to also understand the business case for non-standard terms that will be escalated through second line of defense Credit Risk.
- Client Experience
- Educate & upskill Policy, Documentation and Outreach Negotiators in order to increase functional autonomy. Develop a deep understanding of our Risk Division and Global Banking and Markets Division Policy, Documentation and Outreach functions, stakeholders, systems, policies, playbooks and procedures.
- Training and Development
- Develop/strengthen network with other first line of defense risk functions, in order to explore synergies and potential for expansion of delegated authority model beyond the scope of second line of defense Credit Risk.
- Expand Partnerships
PREFERRED EXPERIENCE AND SKILLS
- Bachelor's degree or equivalent in an analytical field (finance, economics, business studies, mathematics).
- Three + years of work experience, providing credit risk management coverage of a portfolio of clients (preferably within investment banking/financial services sector), assessing counterparty credit and financial strength through performing fundamental credit analysis using both quantitative and qualitative factors.
- Experience in, preferably, hedge fund, mutual fund, pension fund, private equity, financial institution and corporate credit analysis, across securities financing and derivatives products.
- Experience in financial models including, but not limited to, future projections, valuation methods (such as DCF, Multiple based approach).
- Excellent interpersonal and communication skills, experience explaining credit issues to both credit and non-credit stakeholders.
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. Were 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
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