Risk, Liquidity Risk, Vice President, Salt Lake City

Goldman Sachs•Salt Lake City, UT

3d•Onsite

About The Position

The Risk division at Goldman Sachs 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) 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 Markets, Investment Banking, Consumer and Wealth Management, and Asset Management Divisions, as well as the broader Risk organization to provide independent risk assessment and oversight of the firm’s liquidity risk taking.

Requirements

5 plus 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
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
Ability to interact with and build relationships with people from different departments and levels of seniority

Nice To Haves

Prior experience in asset liability management, or interest rate risk management is desired, but not required

Responsibilities

Develop and implement comprehensive liquidity risk governance frameworks.
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.
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.