Risk, Interest Rate Risk, Associate (m|f|x) London

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.

Finance Risk is the independent risk management function responsible for overseeing the firm's accrual rates and liquidity risk. We work closely with 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:

• Risk Oversight: Monitor, govern, and challenge Corporate Treasury execution activities, including accrual rates risk management, liability management, cash & collateral management, funds transfer pricing, balance sheet usage, liquidity and funding projections

• Risk Limit Governance: Setting risk appetite for Corporate Treasury, calibration of risk limits, sign-off on limits frameworks, and ongoing monitoring of limit utilization and remediation

• Analytics: Monitoring of key risk measures and assessment of business drivers

• Regulatory Stress Metrics, Liaison, & Advocacy: Calculation and disclosure of key regulatory stress metrics, guidance and rule interpretation, engagement with global regulators, and policy advocacy

• 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 Corporate Treasury 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

Tasks

Develop in-depth understanding of the firm's interest income projections and capital sensitivity under different rates scenarios; identify and challenge qualitative assumptions

• Develop and implement governance frameworks and policies for controlling the firm's accrual rates risk

• Monitor changes in the firm's rates risk position and limit utilization

• Engage directly with Corporate Treasury and risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge proposals

• 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

Profile / Your qualification / Your personality

3-5 years of experience in banking or capital markets with exposure to rates risk management, preferably in Treasury or Treasury Oversight function

• Knowledge of interest rate risk metrics (Interest Rate Risk in the Banking Book, Economic Value of Equity)

• 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

That awaits you

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.

Holiday & Vacation Policies

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.

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Contact

Location

Shoe Lane, UK-EC4A 4AU London