- Entry level
- No Education
- Salary to negotiate
- Salt Lake City
Associate with Goldman Sachs & Co. LLC in Salt Lake City, UT.
Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)Duties: Associate with Goldman Sachs & Co. LLC in Salt Lake City, UT. Negotiate credit risk mitigation terms within ISDA/CSA and other credit/trading agreements as part of the Centralized Negotiations Team in the Credit Risk Management & Advisory Department. Discuss and negotiate documents with internal Goldman Sachs groups and directly with clients. Participate in due diligence meetings with the firm’s internal teams and legal experts to understand and resolve credit concerns deriving from trading agreements. Advise credit risk management teams to complex derivative document provisions and highlight relevance. Escalate issues and non-standard document terms to team leads and senior management. Develop narrative explaining trends in document negotiations to senior management across internal groups. Develop framework and initiatives aimed at negotiation workflow process improvement and risk reducing outcomes. Develop an understanding of the financial services industry and the Firm’s business activities. Supervise junior colleagues to provide ad-hoc data analysis to senior management, such, as but not limited to, quarterly presentations, financial reporting, weekly pipeline reports, and transactions ticker and analysis. Work with Diversified Industrials, Technology, Media and Telecom, Consumer Retail and Healthcare, Real Estate and Natural Resources sectors.
Job Requirements: Bachelor’s degree (U.S or foreign equivalent) in Business, Economics, Finance or related field. Three (3) years of experience in the job offered or in a related role. Must have two (2) years of experience with: negotiating credit terms in ISDA/CSAs and other trading agreements with corporate clients; financial reporting, and accounting methods; diversified Industrials, Technology Media & Telecom (TMT), Consumer Retail & Healthcare, Real Estate and Natural Resources sectors; risk management and specific counterparty risk mitigation provisions; and ISDA Master Agreement and Credit Support Annex or other traded products documentation.The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
© The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
About the company
Goldman Sachs brings people, capital and ideas together to help our clients and the communities we serve. Learn more about our firm.
We provide a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Learn more about our businesses.