Risk, Finance Risk - Interest Rate Risk, Associate, London RISK
Our Risk division developsprehensive 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.
FINANCE RISK (FR)
Finance Risk is the independent risk management function responsible for overseeing the firm's accrual rates and liquidity risk. We work closely with Global Banking and Markets, Asset and Wealth Management and Platform Solutions, as well as the broader Risk organization to provide independent risk assessment and oversight of the firm's risk taking. Key functions include:
1. Risk Oversight: Monitor,ern, and challenge Corporate Treasury execution activities, including accrual rates risk management, liability management, cash & collateral management, funds transfer pricing, balance sheet usage, liquidity and funding projections
2. Risk Limiternance: Setting risk appetite for Corporate Treasury, calibration of risk limits, sign-off on limits frameworks, and ongoing monitoring of limit utilization and remediation
3. Analytics: Monitoring of key risk measures and assessment of business drivers
4. Regulatory Stress Metrics, Liaison, & Advocacy: Calculation and disclosure of key regulatory stress metrics, guidance and rule interpretation, engagement with global regulators, and policy advocacy
5. Active and ongoing engagement with Corporate Treasury to understand, monitor, andern risk taking activities
6. Direct engagement with Risk Leadership and global regulators regarding material risks, current risk exposures, and limitsernance
RESPONSIBILITIES
7. Develop in-depth understanding of the firm's interest ie projections and capital sensitivity under different rates scenarios; identify and challenge qualitative assumptions
8. Develop and implementernance frameworks and policies for controlling the firm's accrual rates risk
9. Monitor changes in the firm's rates risk position and limit utilization
10. Engage directly with Corporate Treasury and risk taking businesses to understand strategy, assess new activities, enforce limits,ply with regulatory requirements, and challenge proposals
11. 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
SKILLS AND EXPERIENCE REQUIRED
12. 3-5 years of experience in banking or capital markets with exposure to rates risk management, preferably in Treasury or Treasury Oversight function
13. Knowledge of interest rate risk metrics (Interest Rate Risk in the Banking Book, Economic Value of Equity)
14. Interest in financial markets and risk management, motivated by learning and continuous improvement
15. Ability to work independently, form own judgment/opinions, provide insights and drive change
16. Proactive with strong analytical, interpersonal andmunication skills and ability to build relationships remotely
17. Strong verbal and writtenmunication skills
18. Ability to interact with and build relationships with people from different departments and levels of seniority
ABOUT GOLDMAN SACHS
At Goldman Sachs, wemit our people, capital and ideas to help our clients, shareholders and themunities 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.
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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Job ID 300006122096028