• Risk, Liquidity Risk, Transaction Banking , Vice President, New York/Salt Lake City

    Location(s) US-NY-New York | US-UT-Salt Lake City
    Job ID
    Schedule Type
    Full Time
    Vice President/Executive Director
    Business Analysis, General, Risk Management
    Business Unit
    Liquidity Risk
    Employment Type


    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 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, Securities Division, and 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: Calculation and disclosure of key regulatory stress metrics, guidance and rule interpretation, engagement with global regulators, and policy advocacy
    • 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 the Chief Risk Officer and global regulators regarding material risks, current risk exposures, and limits governance

    Job Summary & Responsibilities

    • Work closely with LR leadership to develop and implement a comprehensive liquidity risk management program for corporate cash management services, including the calibration of appropriate stress assumptions
    • Work closely with engineering teams to model liquidity risks under various stress scenarios incorporating stress assumptions
    • Calibrate liquidity risk limits related to cash management
    • Engage directly with the corporate cash management business to understand strategy, assess new activities, enforce limits, and comply with regulatory requirements
    • 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 / Expertise

    • 5+ years in transaction banking, including corporate cash management offerings, particularly related to the modeling of liquidity risk stress assumptions
    • In depth understanding of the rules and regulations that govern banking payments and deposit solutions
    • 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


    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.