Global Banking & Markets - Public - Salt Lake City - Analyst - Prime Services Risk & Underwriting

The Prime Services group within GBM provides a broad range of specialized services to clients, as well as such as securities lending, custody & settlement, margin financing, execution and clearing services, accounting and portfolio analytics. The successful candidate will work in the Risk team that looks at these businesses and will play an important role in day-to-day risk management as well as a leading role in platform development. The Risk group is a global team operating out of New York, London, Chicago, Salt Lake City, Bengaluru and Hong Kong.

Our core value is building strong relationships with our clients. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Master the risk underwriting processes for new loans, namely in GS Select
• Daily assessment of portfolio risk across a substantial client base and across a wide range of asset classes
• Development of risk offering/platform and other risk initiatives
• Establish strong working relationships with Regional Banking Directors and functional partners including Technology, Risk, Credit, Product, Operations, Compliance and Legal
• Liaising with product development groups and Technology to deliver innovative solutions to client demands and enhance the client experience
• Assisting the sales effort to win new business
• Collaborate with Strats and Engineering colleagues on the development of new risk measures/enhancements to existing measures
• Engage with internal stakeholders both within Global Markets (Trading, Sales, and Operations) and the federation (Risk, Legal and Compliance) on overall GS Risk appetite to clients and tools to mitigate the risk
• Take initiative to identify opportunities for process improvements and develop methods to reduce risks, increase controls, and increase communication
• Strict adherence to credit policy, procedures and compliance requirements
• Knowledge of and adherence to Firm's Business Principles and Client Service Values

EXPERIENCE & SKILLS WE'RE LOOKING FOR

• 0-3 years' experience in Risk Management or Risk-taking role in a financial institution
• Relevant bachelor's degree or equivalent qualification with an excellent academic record
• Strong interest and familiarity with financial products, global financial markets
• Strong analytical and quantitative skills as well as written and verbal communication skills
• Ability to work flexibly in teams and manage a varied workload to meet deadlines
• Highly motivated with strong academic background and a commitment to excellence
• Strong organizational skills and the ability to manage multiple assignments concurrently
• Knowledge of credit products, specifically PLOCs and SBLOCs, a plus
• Strong IT skills are a strong advantage (e.g. PYTHON, SQL, VBA, Excel etc.).