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    Corporate Treasury - Dallas, United States - Goldman Sachs

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    Description

    Corporate Treasury, Asset Liability Management, Deposit Modeling and Risk Structuring, Associate

    Corporate Treasury

    Corporate Treasury works closely with the CFO, Treasurer, and other members of senior management to manage the firm's financial resources and structural balance sheet positioning. The department also manages key relationships with external stakeholders and regulators and plays a significant role in strategic initiatives across the firm.

    Asset Liability Management

    The Asset Liability Management (ALM) function manages the interest rate and liquidity risks of the firm's global balance sheet, in order to maintain a stable net interest income while reducing funding costs. Within ALM, the Deposit Modeling and Risk Structuring team focuses on the structural interest rate risk generated by the lines of business, including the firm's retail and institutional deposits.

    RESPONSIBILITIES AND QUALIFICATIONS

    Responsibilities:

  • Work with quantitative engineers to build models predicting rates paid and balance attrition on the firm's retail and wholesale deposits
  • Steer senior management decisions on growing deposits by conducting analyses on competitive landscape, price elasticity, customer retention, and hedging options
  • Monitor and explain the interest rate risk generated by businesses across the firm, to be reviewed with traders as a critical part of the firm's hedging strategy
  • Design risk transfer mechanisms as part of the firm's funds transfer pricing (FTP) program and support initiatives to enhance this program
  • Facilitate the launch of new products at the firm, coordinating among the lines of business, quantitative engineers, and other stakeholders
  • Skills / Experience:

  • Bachelors Degree
  • 3+ years of relevant experience
  • Ability to work on multiple projects with high attention to detail
  • Excellent written and spoken communication/presentation skills
  • Ability to analyze large amounts of data and tie results to the "big picture"
  • Ability to work independently with a "self-starter" attitude and good commercial judgment
  • Quantitative background and basic understanding of statistics
  • Understanding of interest rate risk preferred
  • Prior experience in the Treasury/ALM space preferred
  • Basic experience in computer programming welcome


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