Location
London

Hours
Full Time

Salary
Negotiable

About the Role
The Risk division at Goldman Sachs is responsible for managing credit, market, operational, model, liquidity, and insurance risks across the firm. Within this division, Corporate Credit Risk oversees a portfolio of corporate lending and derivatives trading clients, ensuring best-in-class transaction execution and ongoing portfolio management.

As a Credit Risk Associate focusing on Corporates, you will deliver credit risk analysis on corporate transactions by applying a thorough understanding of credit fundamentals, leveraged capital structures, and the risks associated with lending and derivatives products. You will manage a portfolio of EMEA Corporate clients, leveraging deep knowledge of credit fundamentals, market trends, regulatory impacts, and transaction risks.

The Credit Risk team works closely with the Chief Risk Officer and senior management to protect the firm’s capital by making informed decisions aligned with the firm’s risk appetite. With a global presence of over 300 professionals across 11 offices, Credit Risk offers a unique opportunity to develop expertise in risk management while working on complex financial transactions.

Key responsibilities include assessing the credit and financial strength of corporate borrowers and counterparties through fundamental credit analysis, supporting the review of lending and underwriting transactions such as LBOs, M&A, and relationship lending, and contributing to sector analysis to monitor portfolio concentrations and trends. You will collaborate with Investment Banking, Sales & Trading, Legal, Operations, and Compliance teams to support derivatives business approvals, ensuring appropriate documentation, limits, and risk mitigants.

Additionally, you will analyse risks inherent in lending, trading, and derivative products and support relationship management across various firm divisions including Asset Management, Global Markets, Treasury, and Technology.

Experience
Minimum of 3 years of credit risk management experience with a focus on corporate credit risk. Experience with investment banking products including loan products and derivatives is required. Proven ability to contribute to independent decision-making and support client and business negotiations. Familiarity with regulatory rating requirements and their application is essential.

About you
Strong analytical, documentation, presentation, and communication skills. Ability to work effectively within diverse deal teams, taking guidance from and supporting senior members. Confident communicator capable of presenting transaction analyses and credit recommendations to senior management. Proficient in MS Excel, including financial modelling, cash flow forecasting, and sensitivity analysis. Fluency in English is required; professional proficiency or fluency in German is a plus for managing local EMEA relationships. Interest or progress toward professional certifications such as CFA or FRM is advantageous.

Qualifications
Demonstrated functional expertise with up-to-date knowledge of business, economic, and market trends. Foundational technical skills with attention to detail and initiative to broaden financial and analytical capabilities. Strong drive and motivation to handle multiple tasks, improve performance, and persist through challenges. Client and business focus with the ability to build trusting relationships and manage expectations. Proven teamwork skills, collaborating across teams and acknowledging contributions. Excellent communication skills, sharing relevant information clearly and escalating issues appropriately. Sound judgment and problem-solving abilities, anticipating questions, planning contingencies, and analysing complex issues. Creativity and innovation in improving processes, including leveraging AI tools to enhance credit assessment speed and depth.