Risk, Liquidity Risk, Associate, Frankfurt Frankfurt · Germany · Associate

Goldman Sachs Bank AG; Frankfurt; Remote; EUR 90.000 - 120.000; Vollzeit

Zusammenfassung

Goldman Sachs Bank AG in Frankfurt is seeking an Associate in Liquidity Risk within the Risk division to monitor, quantify, and manage liquidity risk under different stress scenarios. You will collaborate with engineering teams and LR leadership to implement governance and reporting frameworks for European entities.

The role requires strong quantitative skills, capital markets knowledge, and the ability to interact with regulators.

Qualifikationen

• Strong academic background with quantitative focus.
• 3-5 years of capital markets or risk-related experience.
• Understanding of European liquidity rules and regulators is desirable.
• Ability to work independently and drive change.

Aufgaben

• Develop in-depth understanding of liquidity risk under various scenarios.
• Model liquidity risks with engineering teams for stress tests.
• Support governance framework for liquidity risk.
• Monitor liquidity risks for European entities and explain to stakeholders.
• Engage with European regulators and support regulatory discussions.
• Work on regulatory initiatives such as ILAAP and contingency funding.

Kenntnisse

Quantitative skills

Capital markets knowledge

Regulatory awareness

Analytical thinking

Remote collaboration

German language skills desirable

Effective communication

Ausbildung

Bachelor's degree in finance/economics/quantitative field

Tools

Regulatory reporting tools

Stress testing platforms

Jobbeschreibung

Risk, Liquidity Risk, Associate, Frankfurt location_on Frankfurt, Hessen, Germany

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

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.
Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2026. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.