Risk - Credit Risk - Associate - Bengaluru

Goldman Sachs Bank AG; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Goldman Sachs in Bengaluru seeks a Credit Risk Analyst to support the Credit Risk (CR) function within the Risk division. You will assess counterparty credit strength, review loan transactions, and monitor credit trends while building financial models to inform senior leadership decisions.

The role requires 3–6 years of experience in corporate credit risk, a finance background, and strong analytical skills. Collaborative work across global risk teams is expected in a dynamic environment.

Qualifications

• Bachelor’s degree in business or finance (Masters preferred).
• 3-6 years of experience in a related corporate credit risk role with experience in credit analysis, ratings analysis, corporate finance and/or research desired.
• Functional background or relevant experience in finance and accounting.
• Highly motivated with strong academic background.
• Team player with ability to work with colleagues in other regional offices.
• Flexibility, ability to learn quickly.
• Strong organizational skills and ability to manage multiple assignments concurrently.
• Familiarity with regulatory rating requirements and application of such guidance is preferred.
• Strong analytical, presentational and communication skills required.

Responsibilities

• Performing Counterparty Analysis and Risk Management: Assess the credit and financial strength of the firm’s corporate borrowers and counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors.
• Review and provide recommendations for loan transactions, determine appetite and regulatory ratings, monitor credit trends in the portfolio, perform distressed analysis and estimate potential impairments.
• Analyze the credit implications on corporate clients of various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases.
• Build and maintain financial projection models.
• Present findings and recommendations to senior leadership and answer questions relating to analysis performed.
• Monitor counterparties for changes in creditworthiness and take appropriate action.
• Other key responsibilities include: Spreading historical and projected financials in Credit systems and performing analysis including peer comparison to identify and document trends and anomalies necessary in assessing creditworthiness.
• Coordinate with global colleagues in GS Risk teams as well as with other divisions.
• Support key Risk governance and approval committees.

Skills

Counterparty analysis

Credit risk

Financial analysis

Regulatory rating requirements

Communication skills

Team collaboration

Education

Bachelor’s degree in business or finance

Masters preferred

Job description

Divisional Overview

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Whether assessing the creditworthiness of the firm’s counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm’s success. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Department overview

Credit Risk (CR) is responsible for managing the firm’s credit exposure to its trading and lending counterparties. Leveraging its extensive expertise in financial, credit and risk analysis, CR ensures that credit exposure to our counterparts is managed within the firm’s risk appetite. Staffed with more than 300 professionals, CR operates through 11 different offices around the world and credit professionals work closely with many areas of the firm. Given this structure, CR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.

Credit Research Group

Credit Research Group plays a key role in assessing the credit and financial strength of corporate, financial institution, and sovereign counterparties by performing fundamental credit analysis through writing research reviews (covering both the counterparty and industry in which the counterparty transacts). This team is also responsible for the ongoing surveillance of all corporate/financial institution/sovereign counterparties, assignment of internal credit ratings, and participation in regulatory exams.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

Performing Counterparty Analysis and Risk Management:

• Assess the credit and financial strength of the firm's corporate borrowers and counterparts by performing fundamental credit analysis of counterparties using both quantitative and qualitative factors


• Review and provide recommendations for loan transactions, determine appetite and regulatory ratings, monitor credit trends in the portfolio, perform distressed analysis and estimate potential impairments


• Analyze the credit implications on corporate clients of various financial transactions including debt, equity and hybrid offerings, mergers and acquisitions, restructuring and share repurchases


• Build and maintain financial projection models


• Present findings and recommendations to senior leadership and answer questions relating to analysis performed


• Monitor counterparties for changes in creditworthiness and take appropriate action

Other key responsibilities include:

• Spreading historical and projected financials in Credit systems and performing analysis including peer comparison to identify and document trends and anomalies necessary in assessing creditworthiness


• Coordinate with global colleagues in GS Risk teams as well as with other divisions


• Support key Risk governance and approval committees

Qualifications

• Minimum Bachelor’s degree in business or finance, Masters preferred


• 3-6 years of experience in a related corporate credit risk role with experience in credit analysis, ratings analysis, corporate finance and/or research desired


• Functional background or relevant experience in finance and accounting


• Highly motivated with strong academic background


• Team player with an ability to work effectively with colleagues in other regional offices


• Flexibility, ability to learn quickly


• Strong organizational skills and the ability to manage multiple assignments concurrently


• Familiarity with regulatory rating requirements and application of such guidance is preferred


• Strong analytical, presentational and communication skills require

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. We're 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 offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

• We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

• We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.

Fitness

• To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).

Child Care & Family Care

• We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

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