Risk, Credit Risk-Structured Finance & CRE, Associate

RESPONSIBILITIES AND QUALIFICATIONS

Key Responsibilities

• Underwrite large, global commercial real estate mortgage transactions and structured financings (warehouse and other asset-backed financings)
• Perform transaction/counterparty reviews, including recommending appropriate internal risk rating for each counterparty and setting credit limits
• Coordinate with business, legal and other teams to fully analyze transactions and ensure appropriate documentation, risk mitigants, and limits to minimize defaults and maximize recoveries
• Represent CRM on deal structuring discussions
• Draft deal memoranda, expressing and supporting CRM's recommendations
• Present credit views in meetings with senior management and committee members; Escalate issues to CRM senior management
• Monitor the performance of loans in the portfolio, including adherence to terms and covenants, and help formulate risk-mitigating strategies as necessary
• Detect and escalate notable industry trends and recommend appropriate action to senior management
• Monitor and manage exposure at the facility, product, and portfolio levels; perform sector analysis regularly in order to assess portfolio concentrations and trends

Basic Skills & Experience

• Bachelor’s degree (or international equivalent)
• Minimum of 5 years of credit risk management experience, with exposure to loan underwriting
• Experience assessing Structure Finance and/or Commercial Real Estate Financing transaction

Preferred Skills & Experience

• Knowledge of lending, derivatives, and funding products and related lending and trading documentation
• Familiarity with regulatory rating requirements and application of such guidance
• Flexibility, ability to learn quickly
• Strong analytical and communication skills, both oral and written
• Experience in team environment, including to work with colleagues across multiple offices and locations
• Strong organizational skills and the ability to manage multiple assignments concurrently

Competencies

• Functional Expertise - Keeps up-to-date with emerging business, economic, and market trends
• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to details, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
• Teamwork - Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
• Communication Skills - Communicates what is relevant and important in a clear and concise manner, shares information/new ideas with others, and demonstrates judgment to escalate as appropriate
• Judgment and Problem Solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyzes complex issues
• Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
• Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions by presenting persuasive recommendations

  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’re committed to finding reasonable accommodations for candidates with special n