Risk Credit Risk Private Wealth Management Vice President London London Greater London E - ref. g77493803

Staffed with 300 professionals, Credit Risk operates through 11 different offices around the world. Credit Risk provides a unique opportunity to develop a variety of professional skills and expertise in risk management while working on financial transactions.THE ROLE & RESPONSIBILITIESWe are looking for a highly motivated individual who is able to deliver credit risk analysis on the firms private client borrowers and risk counterparts on the basis of a thorough understanding of credit fundamentals, of leveraged capital structures and of risks associated with lending and derivatives products.

You will be responsible, from a Credit Risk standpoint, for a portfolio of private client across EMEA, and you will be expected to manage it on the basis of a deep understanding of credit fundamentals, market trends, impact of changing regulation requirements and risks associated with lending and derivatives products transactions.Assess the credit and financial strength of the firms private client borrowers and risk counterparts by performing fundamental credit analysis using both quantitative and qualitative factors.Review private client lending transactions, determine fit with risk appetite and approve counterparty risk ratings, having developed an independent view of financial information, collateral terms and key documentation protections proposed.Support senior credit team members in the review and escalation of large lending transactions including through to capital committee.

Participate in business selection committee meetings.Co-ordinate closely with junior team members on transactions, client margin terms, product risk analysis and new policy & product initiatives.Coordinate with PWM business teams, PWM legal, Operations, Compliance departments to approve derivatives business, margin terms, approve exceptions and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses.Analyse the risks inherent in the products GS transacts, including lending, trading and derivative products.Perform regular portfolio reviews and industry exposure reviews.EXPERIENCE & SKILLS REQUIREDMinimum of 8 years of credit risk management experience, with a solid background in private client credit risk.Significant experience in private banking/private client credit products including margin lending, mortgages, structured loans and derivatives.Demonstrable track record of independent decision making and the ability to steer client and business negotiations.Strong legal documentation (loan and/or derivatives), analytical, presentational and communication skills required.Must be able to lead and motivate an engaged and diverse deal team, providing guidance to and supervision of junior members of the team.Must be able to communicate with the most senior levels within GS, both inside & outside of Credit risk.ABOUT GOLDMAN SACHSAt Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow.

Learn more about our culture, benefits, and people at Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.The Goldman Sachs Group, Inc., 2021. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity