At a Glance
- Tasks: Lead liquidity risk management and engage with regulators to ensure compliance.
- Company: Join Goldman Sachs, a global leader in investment banking and securities.
- Benefits: Enjoy professional development, wellness programs, and a diverse workplace culture.
- Why this job: Make a real impact in risk management while working with top professionals.
- Qualifications: 8+ years in capital markets with strong analytical and communication skills.
- Other info: Dynamic environment with opportunities for personal and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day-to-day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.
Liquidity Risk is the independent risk management function responsible for identifying, quantifying, and managing the liquidity risk of the firm. We work closely with Corporate Treasury, Controllers, Operations, Global Banking and Markets, Asset and Wealth Management Divisions, as well as the broader Risk organization to provide independent risk assessment and oversight of the firm’s liquidity risk taking.
Key functions include:
- Stress testing
- Regulatory engagement and monitoring
- Regulatory Advocacy
- Risk limits
- Risk oversight and engagement with business / federation teams
Responsibilities:
- Work closely with LR leadership to develop and implement comprehensive liquidity risk governance framework
- Monitor liquidity risks for the UK/ European entities, understand and explain the liquidity risks to various stakeholders
- Engage periodically with UK/ EU regulators to explain the firm’s risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions
- Play a lead role in key regulatory initiatives such as ILAAP, contingency funding plan and recovery planning
- Monitor limit utilization, breach remediation, and escalation workflow
- Work closely with engineering teams to model liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate assumptions
- Engage directly with the risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals
Skills / Expertise:
- 8+ years of experience in capital markets, preferably in Risk, Treasury, funding-related or regulatory functions
- Interest in financial markets and risk management, motivated by learning and continuous improvement
- Strong understanding of the UK/ European rules and regulations related to Liquidity, prior experience of dealing with regulators would be desirable
- Ability to work independently, form own judgment/opinions, provide insights and drive change
- Proactive with strong analytical, interpersonal and communication skills and ability to build relationships remotely
- Strong verbal and written communication skills, German language skills would be desirable
- Ability to interact with and build relationships with people from different departments and levels of seniority
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. 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.
Risk, Liquidity Risk, Vice President, London in City of London employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk, Liquidity Risk, Vice President, London in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at Goldman Sachs. A friendly chat can open doors and give you insider info on the company culture and what they really look for in candidates.
✨Tip Number 2
Prepare for those tricky interview questions! Brush up on your knowledge of liquidity risk and be ready to discuss how you’d handle real-world scenarios. We want to see your analytical skills in action, so practice articulating your thought process.
✨Tip Number 3
Show off your communication skills! Whether it’s during interviews or networking events, make sure you can explain complex risk concepts in simple terms. This will demonstrate your ability to engage with various stakeholders effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Goldman Sachs.
We think you need these skills to ace Risk, Liquidity Risk, Vice President, London in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the role. Highlight your experience in liquidity risk and capital markets, and show how your skills align with what we’re looking for. This will help us see why you’re a great fit!
Showcase Your Communication Skills: Since strong verbal and written communication skills are key, don’t shy away from demonstrating these in your application. Use clear, concise language and make sure to articulate your thoughts well. We want to see how you can engage with various stakeholders!
Highlight Relevant Experience: Be sure to emphasise any previous roles that involved regulatory engagement or risk management. If you’ve worked with UK/EU regulations before, let us know! This will show us you have the background needed for this position.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Risk Management Framework
Before the interview, make sure you understand the comprehensive liquidity risk governance framework. Familiarise yourself with how it applies to UK and European entities, as well as the key regulatory initiatives like ILAAP. This will help you speak confidently about your experience and how it aligns with their needs.
✨Engage with Regulatory Knowledge
Brush up on your knowledge of UK and European regulations related to liquidity risk. Be prepared to discuss your past experiences dealing with regulators and how you've navigated rule interpretations. This shows that you can effectively communicate the firm's risk posture to stakeholders.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical skills by discussing specific examples where you've modelled liquidity risks under stress scenarios. Think about how you proposed and calibrated assumptions in previous roles, as this will highlight your proactive approach and ability to drive change.
✨Build Relationships Remotely
Since the role involves engaging with various departments and levels of seniority, think of examples where you've successfully built relationships remotely. Highlight your strong communication skills and how you've collaborated with teams like engineering or treasury to achieve common goals.