Risk, Market Risk, Associate

GOLDMAN SACHS SERVICES (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Goldman Sachs Services (Singapore) Pte. Ltd. is seeking a Risk professional to oversee liquidity risk and stress testing methodologies in the Finance Risk division.

You will engage with key stakeholders and regulators to ensure robust controls and regulatory alignment across recovery capabilities and liquidity management. The role emphasizes independent analysis, quantitative strength, and the ability to navigate complex regulatory environments while collaborating with Treasury and risk-taking

Qualifications

• Strong academic background and quantitative skills.
• Experience in financial industry across Treasury, Finance, Risk preferred.
• Prior experience working with global regulators is a plus.
• Interest in financial markets and risk management, motivated by learning and continuous improvement.
• Ability to work independently, form own judgment and drive change.

Responsibilities

• Develop in-depth understanding of the firm’s liquidity risk under different scenarios; identify and challenge qualitative assumptions.
• Review liquidity stress testing models' methodology and assumptions to assess liquidity resilience under shocks.
• Independently review Recovery and Resolution capabilities and testing methodologies.
• Engage with internal stakeholders to maintain a robust control environment and regulatory alignment.
• Support interactions with regulators and ensure compliance with evolving requirements for Recovery capabilities and assurance.

Skills

Quantitative skills

Independent judgment

Analytical skills

Communication skills

Remote collaboration

Education

Finance/Accounting/Math degree

Job description

ABOUT GOLDMAN SACHS

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

RISK - FINANCE RISK

The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. The mission of Risk Division is to effectively identify, monitor, evaluate and manage the firm’s financial and operational risks (including reputational risk) in support of the firm’s strategic plan, and in a manner consistent with the objectives set out in the firm’s Board-approved Risk Appetite Statement. Through comprehensive processes, which include critical analysis, evaluating stress scenarios, dynamically managing risk, and prudently balancing risk and reward, the Risk Division plays a critical 2nd line of defense role.

Finance Risk is the independent risk management function responsible for identifying, quantifying and managing the firm’s liquidity and accrual rates risk. We work closely with Corporate Treasury, Global Banking and Markets, Asset and Wealth Management and Platform Solutions, as well as the broader Risk organization to provide independent risk assessment and oversight of the firm’s risk taking. Key functions include:

• Stress Testing: Review of methodology and assumptions
• Risk Oversight: Monitor, govern, and challenge Corporate Treasury execution activities, including liquidity and funding projections, accrual rates risk management, liability management, cash & collateral management, funds transfer pricing, balance sheet usage
• Risk Limit Governance: Setting risk appetite, calibration of risk limits, sign-off on limits frameworks, and ongoing monitoring of limit utilization and remediation
• 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
• Active and ongoing engagement with risk taking businesses to understand, monitor, and govern risk taking activities
• 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
• Review the methodology and assumptions of the liquidity stress testing models to assess banks liquidity resilience under various financial shocks, economic downturns and sector specific crisis
• Independently review and challenge the design, scope, and effectiveness of the firm’s Recovery and Resolution capabilities and their associated testing methodologies
• Engage effectively with key internal stakeholders, including capability owners and senior management, to cultivate a robust control environment and ensure alignment with strategic objectives and regulatory requirements
• Facilitate and support interactions with regulatory bodies, ensuring compliance with evolving regulatory requirements for Recovery and Resolution capabilities and assurance processes, while actively supporting management in meeting regulatory expectations
• Monitor risk taking and limit utilization; engage in breach remediation, and escalation workflow
• Engage directly with Corporate Treasury and risk-taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals

QUALIFICATIONS

• Strong academic background and quantitative skills
• Prior experience in financial industry across Treasury, Finance, Risk functions is preferred
• Prior experience of working closely with global regulators is a plus
• 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
• 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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity