Investment Banking Jobs In Germany | Goldman Sachs Careers
Goldman Sachs announced on its official Linkedin page a vacancy
Risk, Regulatory Engagement, Analyst/Associate
Banks in Germany
- Banks in Germany are renowned for their efficiency and reliability, offering a wide range of services to individuals and businesses alike.
- With over 1,500 banks operating nationwide, customers have access to an extensive network of branches as well as online banking capabilities.
- German banks offer competitive interest rates on savings accounts and loans while providing a secure environment for financial transactions.
- Additionally, the country's regulatory framework ensures that deposits up to €100 000 are protected by the government-backed deposit guarantee scheme which provides further assurance when it comes to investing funds or taking out loans from German banks.
Banker salary in Germany
- The average salary of a banker in Germany is quite competitive, with an annual mean salary ranging from €50,000 to €80,000.
- This figure can vary depending on the size and type of bank and the individual's experience level.
- Bankers in Germany also enjoy other benefits such as bonuses for performance or promotions within their departments as well as access to health insurance plans and pension schemes.
- As banking continues to be one of the most sought-after professions in Germany due its high salaries and potential for career growth, it is no surprise that many individuals are attracted by this line of work.
Job Porpuse
- As a member of the Risk Division’s Regulatory Engagement team, you will play a key role in the oversight and implementation of relevant risk management regulation and processes across risk functions, as well as regional and legal entity governance in the EMEA region.
- You will be responsible for leading projects and participating in activities related to important regulatory initiatives, as well as the management of evolving or emerging risks and the governance of the division’s frameworks and processes for Goldman Sachs entities in the region.
Job Responsibilities
- Present to and interact with regulators as part of the ongoing supervision process, regulatory examinations and other deliverables.
- Lead execution of regulatory deliverables, exams and overall engagement, with a focus on credit risk and market risk.
- Manage regulatory interpretation and interact with Finance Division’s Regulatory Controllers and other stakeholders to ensure the appropriateness of capital interpretations, methodologies and processes.
- Conduct regulatory self-assessments and the remediation of associated gaps, including reviewing, interpreting, and providing guidance on the impact of pending requirements. Participate in regulatory working groups.
- Manage implementation of initiatives related to new rules, regulatory exam feedbacks or internal framework enhancements, liaising across relevant business, technology, and control functions to prioritize risks, challenge approaches, and drive appropriate risk response.
- Monitor internal and external business activities and regulatory environment to identify new or emerging risks.
- Manage and enhance the design of the Risk Appetite Statement framework incorporating assessments on business strategy, capital planning, capacity allocation and limit calibration.
- Coordinate regional Risk Committee and Board Risk Committee materials, working closely with the heads of Risk functions, as well as stakeholders in Executive Office, Legal and Controllers.
- Provide thought leadership to develop and institutionalize governance processes and enhance controls, driving a culture of risk management and mitigation.
- Work closely with regional Chief Risk Officers and other senior stakeholders in the Risk Division.
Knowledge, Skills And Experience
- Bachelor's or Masters degree.
- Familiarity with investment banking products including loan products and derivatives.
- Ability to comfortably and effectively interact with internal risk experts, and various stakeholders outside of Regulatory Engagement and the wider Risk teams.
- Strong documentation, analytical, presentational and communication skills.
- Strong organizational skills and ability to manage multiple assignments concurrently.
- Proficient in Excel, PowerPoint and Word.