• Finance, Corporate Treasury, Asset Liability Management, Deposits, Associate, New York City

    Location(s) US-NY-New York
    Job ID
    2019-53517
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    Finance
    Region
    Americas
    Division
    Finance
    Business Unit
    Corporate Treasury
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Description of Corporate Treasury 

    Corporate Treasury works closely with the CFO, Treasurer and other members of senior management to manage the firm's financial resources and structural balance sheet positioning. The department also manages key relationships with external stakeholders and regulators and plays a significant role in strategic initiatives across the firm.

     

    Asset Liability Management

    The ALM function sets incentives related to funding costs across the firm and manages the structural interest rate and currency risks generated by the firm’s asset-liability profile. Within ALM, the Deposits team is focused on funds transfer pricing and risk management for the firm’s retail and institutional deposits.

    RESPONSIBILITIES AND QUALIFICATIONS

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities:

    • Analyze asset-liability incentives set by the funds transfer pricing (FTP) curve and recommend FTP updates to the Treasurer and other senior management on a periodic basis
    • Liaise with deposit-raising businesses to communicate FTP updates, explain drivers, and project forecasts for business planning
    • Project management in onboarding new deposit products, coordinating among the line of business, technology, controllers, and other stakeholders
    • Manage and enhance framework for analyzing relative value between deposit channels
    • Work with deposit modelers to formulate and implement enhancements to interest rate risk models for non-maturity deposits

    Skills / Experience:

    • Ability to work on multiple projects with high attention to detail
    • Excellent written and spoken communication/presentation skills
    • Ability to analyze large amounts of data and tie results to the “big picture”
    • Self-starter with an entrepreneurial attitude and good commercial judgment 
    • Strong analytical skills and basic understanding of statistics
    • Understanding of interest rate risk and DV01 required, with basis and cross-currency risks a plus
    • Prior experience in the Treasury space, particularly in an ALM function, preferred
    • Quantitative background and experience in computer programming preferred

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.