Risk, Credit Risk, Analyst, Sao Paulo

Credit Risk (Global Markets), Analyst, Sao Paulo, Brazil

Divisional Overview:

The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, operational, and insurance risk. 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 counterparties is managed within the firm's risk appetite. Staffed with more than 270 professionals, CR operates through 12 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.

Responsibilities:

• Assess the financial strength of hedge funds by performing fundamental counterparty analysis.
• Interpret and explain quantitative and qualitative factors drawn from fund risk reports, portfolio analysis, and client calls.
• Evaluate derivatives and financing transactions across Global Banking & Markets clients.
• Review and approve risk in a fast-paced environment while ensuring appropriate mitigants are in place to minimize losses in the event of counterparty default.
• Assess the risk of transactions through reviews of quantitative models, portfolio analysis, stress testing, and other methods.
• Perform counterparty reviews, including recommending appropriate internal risk ratings for each counterparty and setting credit limits.
• Opine on appropriate collateral levels required based on the counterparty's risk profile and transaction details.
• Conduct risk discussions with respective trading and sales teams.
• Approve transactions in Institutional Derivatives and Funding business lines (interest rate derivatives, FX options, prime brokerage, repo, etc.).

Basic Qualifications:

• 0-3 years of experience in a finance, markets, or risk role.
• Significant knowledge of capital markets, including derivatives and/or repurchase agreements (repo).
• Demonstrable track record of achievement and independent decision-making.
• Excellent attention to detail. 
• Strong analytical and communication skills.
• Fluent in English, both written and oral.
• Bachelor's degree in a quantitative or business-related field, such as Administration, Economics, Accounting, Engineering, or related areas.

Competencies:

• Functional Expertise and Technical Skills: Knowledge of financial markets and portfolio risk management. Appropriate financial/analytical skills.
• Client and Business Focus: Builds trusting, long-term relationships with clients, helps the client to identify/define needs, and manages client/business expectations.
• Teamwork: Strong team player, works well under pressure, and collaborates with others across teams and business units.
• Communication Skills: Communicates in a clear and concise manner, shares information/new ideas with peer group and team, and escalates 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 and Influence: Looks for new ways to improve current processes and develop creative solutions with practical value.
• Continuous Development: Values constant self-improvement and learning.
• Certifications (Plus): CFA (Chartered Financial Analyst) and CGA (Certificação de Gestores Anbima) certifications are a plus.

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

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Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.