Risk, Finance Risk, Vice President, Tokyo

RISK

The mission of Risk Division is to effectively identify, monitor, evaluate and manage the firm’s financial and operational risks (including reputation 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.

RESPONSIBILITIES AND QUALIFICATIONS

Finance Risk (FR)

Finance Risk is the independent risk management function responsible for identifying, quantifying, and managing the liquidity risk, capital risk and interest rates risk of the firm. We work closely with Corporate Treasury, Controllers, Operations, Revenue Divisions, and 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: Calculation and disclosure of key regulatory stress metrics, guidance and rule interpretation, engagement with global regulators, and policy advocacy
Risk Limit Governance: Setting finance 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
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
Direct engagement with Risk Leadership and global regulators regarding material risks, current risk exposures, and limits governance

Job Summary & Responsibilities

Work closely with Risk leadership to develop and implement comprehensive liquidity risk governance framework. Monitor liquidity risks for the Asian entities, understand and explain the liquidity risks to various stakeholders
Ensure Asia entities adhere to regulations in Japan as well as each Asia jurisdiction as applicable, and engage with regional regulators
Engage directly with the risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge desk proposals
Monitor risk taking and limit utilization; engage in breach remediation, and escalation workflow, propose appropriate risk treatment across internal stress testing and regulatory reporting requirements for existing and new business activities
Work with engineering teams to model liquidity risks under various stress scenarios; propose, calibrate, and implement appropriate assumptions

Skills / Expertise

10+ 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
Japanese language proficiency is a must, as the role involves regular and ad-hoc engagement with the Japanese regulators
Prior experience of working closely with global regulators is a plus
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 communications 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

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity