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 finance.
- Benefits: Diverse opportunities for growth, wellness programs, and a supportive work 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 a commitment to diversity and inclusion.
The predicted salary is between 72000 - 108000 £ 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 (LR)
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 AND QUALIFICATIONS
Job Summary & 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
Risk, Liquidity Risk, Vice President, 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
✨Tip Number 1
Network like a pro! Reach out to folks in your industry, especially those already working at firms you're interested in. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to liquidity risk. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your analytical skills during interviews. Be ready to discuss how you've tackled complex problems in the past, especially in risk management. Real-life examples will make your experience more relatable and impressive.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Goldman Sachs.
We think you need these skills to ace Risk, Liquidity Risk, Vice President, 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 us how your skills align with what we're looking for.
Showcase Your Communication Skills: Since strong verbal and written communication skills are key, give us examples of how you've effectively communicated complex ideas in the past. This will help us see how you can engage with various stakeholders.
Demonstrate Your Analytical Abilities: We love candidates who can think critically! Include specific instances where you've used your analytical skills to solve problems or drive change, especially in risk management contexts.
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. We can't wait to hear from you!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Risk Management Framework
Before the interview, make sure you have a solid understanding of liquidity risk governance frameworks. Be prepared to discuss how you would develop and implement these frameworks, as well as your experience with stress testing and regulatory engagement.
✨Brush Up on Regulatory Knowledge
Familiarise yourself with UK and European regulations related to liquidity risk. Highlight any previous experience you've had dealing with regulators, and be ready to explain how you would engage with them to clarify rule interpretations and support advocacy discussions.
✨Demonstrate Analytical Skills
Showcase your analytical abilities by discussing specific examples where you've assessed liquidity risks or proposed solutions under stress scenarios. Be prepared to explain your thought process and how you arrived at your conclusions.
✨Build Relationships Remotely
Since this role involves engaging with various stakeholders, emphasise your interpersonal skills. Share examples of how you've successfully built relationships across different departments and levels of seniority, especially in a remote working environment.