Risk, Liquidity Risk, Vice President, Frankfurt - Goldman Sachs

Beschreibung

RISK

Our Risk division develops 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: Methodology development, model creation and governance, assumption review and approval, and risk measurement

Regulatory Stress Metrics, Liaison, & Advocacy: Regulatory policy and rule interpretation, engagement with global regulators and policy advocacy, Calculation and disclosure of key regulatory stress metrics

Risk Limit Governance: Setting liquidity risk appetite, calibration of risk limits, sign-off on limits frameworks, and ongoing monitoring of limit utilization and remediation

Analytics: Measurement, analysis, and reporting of risk measures, development of platforms and tools for risk calculation and visualization, and governance of data quality and completeness controls

Governance & Reviews: Ongoing evaluation of compliance with key regulatory regimes, new activity impact assessments and approvals, engagement with key committees and governing bodies, and maintenance of key policies and procedures

Risk Oversight: Monitor, govern, and challenge various liquidity and funding execution activities, including cash & collateral management, funds transfer pricing, balance sheet usage, liquidity and funding projections, and liability management Active and ongoing engagement with risk taking businesses to understand, monitor, and govern liquidity risk

Direct engagement with Risk Leadership and global regulators regarding material risks, current risk exposures, and limits governance

RESPONSIBILITIES INCLUDE

Work closely with LR leadership to develop and implement comprehensive liquidity risk governance framework, Monitor liquidity risks for the European entities, understand and explain the liquidity risks to various stakeholders

Liaise with the European regulators for matters related to liquidity risks, Engage periodically with regional regulators to explain the firm s risk posture, clarify rule interpretations, respond to analysis and data requests, and support advocacy discussions

Work on the 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

EXPERIENCE & QUALIFICATIONS REQUIRED

5+ 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 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

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