Risk, Liquidity Risk, Associate, Frankfurt

Goldman Sachs; Frankfurt; Vor Ort; EUR 90.000 - 120.000; Vollzeit

Zusammenfassung

Goldman Sachs is seeking a Liquidity Risk professional in Frankfurt to identify, quantify, and govern liquidity risks under stress scenarios. You will work with engineering teams to model risks, align governance frameworks, and monitor risk across European entities.

Engage with regulators on liquidity matters and contribute to ILAAP, contingency funding, and recovery planning. The role requires strong quantitative skills, 3–5 years in capital markets risk, and the ability to communicate

Qualifikationen

• Strong academic background and quantitative skills.
• 3-5 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.
• Strong understanding of the European rules and regulations related to Liquidity; prior regulator interaction desirable.
• Ability to work independently, form own judgments, provide insights and drive change.
• Proactive with strong analytical, interpersonal and communication skills and ability to work remotely.
• Strong verbal and written communication skills; German language skills desirable.
• Ability to interact with people from different departments and levels of seniority.

Aufgaben

• Develop in-depth understanding of the firm's liquidity risk under different scenarios.
• Model liquidity risks with engineering teams under various stress scenarios; calibrate assumptions.
• Collaborate with LR leadership to implement a comprehensive liquidity risk governance framework.
• Monitor liquidity risks for European entities and explain risk posture to stakeholders.
• Engage with European regulators on liquidity risk matters; respond to data requests and inquiries.
• Support initiatives such as ILAAP, contingency funding plan and recovery planning.
• Monitor limit utilization, breach remediation, and escalation workflows.

Kenntnisse

Academic background

Capital markets exp

Risk management interest

EU liquidity regs

Analytical skills

German language

Cross-functional

Jobbeschreibung

RISK

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 (LR)

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, Global Banking and Markets, Asset and Wealth Management Divisions, as well as 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: Regulatory policy and rule interpretation, engagement with global regulators and policy advocacy, Calculation and disclosure of key regulatory stress metrics
• 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 Risk Leadership and global regulators regarding material risks, current risk exposures, and limits governance

RESPONSIBILITIES

• Develop in-depth understanding of the firm's liquidity risk under different scenarios, identify and challenge qualitative assumptions
• Work closely with engineering teams to model liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate assumptions
• Work closely with LR leadership to develop and implement comprehensive liquidity risk governance framework,
• Monitor liquidity risks for the European entities, understand and explain the liquidity risks to various stakeholders
• Liaise with the European regulators for matters related to liquidity risks, 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
• Work on the key regulatory initiatives such as ILAAP, contingency funding plan and recovery planning
• Monitor limit utilization, breach remediation, and escalation workflow Engage directly with the risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals

SKILLS & EXPERIENCE REQUIRED

• Strong academic background and quantitative skills
• 3-5 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
• Strong understanding of the European rules and regulations related to Liquidity, prior experience of dealing with regulators would be desirable
• 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, German language skills would be desirable
• Ability to interact with and build relationships with people from different departments and levels of seniority

ABOUT GOLDMAN SACHS

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Learn more about our culture, benefits, and people at GS.com/careers.

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