Corporate Treasury, IRR Analytics, Analyst/Associate, Dallas
Description CORPORATE TREASURY We're a team of specialists charged with managing the firm’s funding, liquidity, capital and relationships with creditors and regulators. Corporate Treasury manages the firm’s financial resources and minimizes interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors. OUR IMPACT We're a team of specialists charged with managing the firm’s funding, liquidity, capital and relationships with creditors and regulators. Corporate Treasury manages the firm’s financial resources and minimizes interest expense through liability planning, asset liability management, and liquidity portfolio yield enhancement. The division is ideal for collaborative individuals who have strong quantitative analysis skills and risk management capabilities since Treasury actively manages the firm’s financial resources which are constantly changing due to business activity, markets, risk appetite, regulations and other factors. YOUR IMPACT We are looking for an analyst or associate to join our Interest Rate Risk in the Banking Book team in Dallas. The Interest Rate Risk in the Banking Book is mandated with Global Reporting of Interest Rate Risk metrics at Group as well as entity levels, analytics, explaining drivers of changes, regulatory filings, and process improvement. JOB SUMMARY AND RESPONSBILITIES
- Develop in-depth understanding of the firm’s interest income projections and sensitivity under different rates scenarios; identify and challenge qualitative assumptions
- Produce Risk reports for senior stakeholders (preparing ALCO materials) and regulatory templates
- Monitor changes in the firm’s rates risk position and limit utilization
- Engage directly with Finance Risk and Controllers 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
- The candidate will assist with initiatives to improve reporting and projection accuracy and to drive timely and efficient risk management;
Given the market facing nature of the role, candidates will need to display a keen interest in markets – specifically credit, funding and interest rate markets. The right candidate will also need strong organizational, communication and interpersonal skills as this is a diverse role which demands interaction and collaboration with a range of internal stakeholders, external partners, and the ability to project manage. BASIC QUALIFICATIONS
- 1-3 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
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