Risk,Credit Risk (Natural Resources & Commodities), Vice President, Dallas

Company: Goldman Sachs Bank AG
Location: Dallas
Posted on: April 7, 2025

Job Description:

The Risk Division is a team of specialists charged with managing the firm's credit, market, liquidity, and operational 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.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 counterparts is managed within the firm's risk appetite. Staffed with more than 360 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 credit and financial strength of the firm's Natural Resources and Infrastructure borrowers and counterparts by performing fundamental credit analysis, with focus on Oil & Gas.
• Review and approve loan transactions and determine appetite and regulatory rating.
• Analyze the credit implications on NR / Infrastructure clients of various financial transactions including debt, mergers and acquisitions, restructuring and share repurchases.
• Coordinate with Global Banking and Markets, Legal, Operations and Compliance departments to approve derivatives business and ensure appropriate documentation, limits and risk mitigants to protect against a counterpart default and minimize potential losses.
• Analyze the risks inherent in the products GS transacts, including lending and derivative products with a focus on Commodities.
• Perform sector analysis regularly in order to assess portfolio concentration or trends.
• Monitor, manage and report exposures at a counterpart, product and portfolio level.Basic Qualifications
  • 5-10 years work experience in credit risk management with demonstrated experience in Natural Resources (with focus on oil and gas).
  • Significant experience in investment banking products including loan products and derivatives, with particular focus on reserve based loans.
  • Demonstrable track record of independent decision making and the ability to steer client and business negotiations.
  • Strong familiarity with regulatory rating requirements and application of such guidance.
  • Strong knowledge of 1) lending documentation and 2) ISDA (incl lien secured) / CSA, NAESB, Gas EDI and other commodity agreements.
  • Must be able to lead and motivate engaged and diverse deal team, providing guidance to and supervision of junior members of the team.
  • Must be able to communicate at the most senior levels.
  • Ability to handle adversity and to push back to improve terms to mitigate risk.
  • Proven ability to effectively engage with regulators and internal control functions including Internal Audit and Credit Review.Skills
    • 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 SACHSAt 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 needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.htmlGoldman 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.
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Keywords: Goldman Sachs Bank AG, Arlington , Risk,Credit Risk (Natural Resources & Commodities), Vice President, Dallas, Accounting, Auditing , Dallas, Texas