Transaction Banking, Liquidity Portfolio Management, Vice President

Goldman Sachs•New York, NY

About The Position

Our Transaction Banking division aims to provide a global transaction banking platform that is nimble, secure, and easy for clients to use. We have delivered a modern, digital-first transaction banking platform to serve GS’ varied client base. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up designed to solve some of the most complex operational needs in the industry. We aim to help our clients achieve Working Capital efficiency gains by optimizing their short term liquidity needs and simplifying their Cash Management operations. We do so by delivering a best-in-class digital solution that helps clients manage their liquidity movements, foreign exchange and payments enabling international treasury operations and commerce. We’re a team of diverse Treasury and Payments specialists helping our clients solution and build for the future. The Liquidity Portfolio team within Transaction Banking is responsible for the growth, pricing strategy, and balance sheet performance of our corporate deposit portfolio. Operating at the intersection of sales, product, and corporate treasury, the team plays a critical role in managing the bank’s funding mix, optimizing Net Interest Margin (NIM), and maximizing deposit profitability within a strict risk and regulatory framework. We are seeking an experienced, strategic, and commercially minded Vice President to join our Liquidity Portfolio team. In this role, you will lead deposit and cash management pricing, manage the commercial health of our portfolio, and ensure close alignment with firmwide funding objectives. You will act as a key bridge between client-facing Coverage teams, Corporate Treasury, and the Liquidity Product team. Your responsibilities will span active trade-level pricing across Demand Deposit Accounts (DDA) and Term solutions, strategic performance tracking of Transaction Banking (TxB) liabilities, and cross-functional market assessment to refine our suite of cash management offerings.

Requirements

6–10+ years of relevant experience in Transaction Banking, Corporate Treasury, Liquidity Product Management, or Cash Management.
Deep understanding of deposit mechanics, DDA structure, fixed/floating rate curve dynamics, and cash concentration solutions.
Proven experience managing large datasets to model pricing sensitivities and generate strategic portfolio insights.
Strong interpersonal skills with an ability to communicate complex balance sheet and liquidity topics clearly to senior management.

Nice To Haves

Strong knowledge of bank balance sheet dynamics, funds transfer pricing (FTP), and regulatory frameworks (e.g., Basel III, Regulation D).
Prior experience working inside a fast-paced Transaction Banking environment.
Competency with business intelligence and data visualization platforms (e.g., Reuters, Salesforce,).

Responsibilities

Own and manage the end-to-end pricing requests from Client Coverage, establishing competitive and risk-adjusted pricing frameworks across Demand Deposit Accounts (DDAs), fixed/floating Term Deposits, and Notice solutions.
Analyze deposit request yields to ensure client opportunities are accretive to TxB's financial performance and margin goals.
Partner closely with Coverage to support high-value client acquisitions, offering customized, yield-optimized liquidity solutions.
Work closely with Corporate Treasury, leading periodic performance reviews on TxB balance sheet metrics, liability levels, and margin fluctuations.
Assess key funding attributes such as FTP updates and funding objectives ensuring they result into actionable commercial pricing targets for the front-office Coverage teams.
Evaluate the impact of deposit compositions on key regulatory ratios, including the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).
Undertake periodic research into global interest rate environments, competitor deposit pricing, and commercial cash management trends.
Collaborate with the Liquidity Product team to enhance existing features (e.g., notice accounts, sweeps) and support the commercialization of new cash management solutions.
Evaluate product adoption rates and client behaviors to identify areas for balance sheet optimization or product enhancement.
Manage pricing exception queues, ensuring deviations from base rates adhere to established corporate governance structures and risk limits.
Prepare polished reporting and presentation materials detailing portfolio performance and liability concentrations for senior leadership and risk committees.