Credit Risk Management and Advisory (CRMA), Analyst recruitment

The 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.  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. CRMA has strong traditions of risk management, client service excellence and career development opportunities for our people.

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

As a CRMA professional, you might:
• Analyze, monitor and report the firm’s credit exposures across lending, derivative and funding products
• Assist in the preparation of monthly risk and regulatory capital reports
• Flag exposures that exceed the firm’s appetite to its counterparties to senior managers and other colleagues
• Interface with colleagues in Legal, Compliance, and Operations, liaising on issues related to legal negotiations, trade documentation, and collateral arrangements
• Assist in qualitative credit analysis including derivative covenant review
• Take initiative to identify opportunities for process improvements, reduced risk, and increased controls
• Develop an understanding of the financial services industry and the Firm’s business activities

Preferred Skills:
CRMA offers many opportunities at the analyst level.  We seek highly motivated candidates who have a track record of professional success, outstanding achievements in academic and extracurricular activities, and a combination of analytical and communication skills.  Flexibility, time management, and the ability to learn quickly are crucial in this fast-paced environment, as are a keen interest in business, the financial markets, and risk management. 

Basic skills:
•1-3 years of professional work experience in the financial services industry
•Commitment to excellence and to developing own expertise
•Strong written verbal communication skills
•Commitment to quality and control
•Professionalism and composure under pressure
•Problem solver and teamwork oriented
•Strong organizational skills attention to detail

Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2010. All rights reserved