Risk, Liquidity Risk, Associate, Tokyo

FINANCE RISK JOB DESCRIPTION
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 Appetite & Limit Setting: 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

Job Summary & Responsibilities

• Engage directly with the risk taking businesses to understand strategy, assess new activities, enforce limits, comply with regulatory requirements, and challenge desk proposals
• Direct engagement with the Chief Risk Officer and global regulators regarding material risks, current risk exposures, and limits governance
• 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

• Strong academic background and quantitative skills
• Japanese language proficiency is a must, as the role involves regular and ad-hoc engagement with the Japanese regulators
• 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
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. © The Goldman Sachs Group, Inc., 2015. All rights reserved.