Private Bank, Deposits, Vice President, Frankfurt

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Location:

Frankfurt, Germany

Job Category:

Other

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Yes

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Job Reference:

bc56c

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2

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Job Description:

OUR IMPACT

The Private Bank is a business unit of the Asset and Wealth Management Division (AWM) that provides tailored banking and lending products, such as deposits, bank loans, mortgages and margin financing, to high-net-worth clients of the firm’s global Wealth Management businesses.

YOUR IMPACT

We are looking for a Vice President to join the Private Bank Deposits Team. The new joiner will be an integral part of the team responsible for daily management of the PB deposits business including risk and analytics, client and product strategy, and business management. This role is on the Private Bank’s Deposit Team will work cross-functionally with internal partners to drive business outcomes while solving for client needs. The team drives the Private Bank Deposit Strategy which includes pricing and risk management, product development, and client relationship management.

• Pricing and risk analytics to determine deposit pricing on an ongoing basis as well as transaction specific deposit product pricing
• Help define business strategy via business planning
• Develop and use dashboards to monitor performance against balance and revenue goals
• Run regular competitor analysis for deposit products and ranking across markets

Business Management:

• Developing and maintaining deposit policies, procedures and processes to operate the business effectively and in compliance with all relevant global regulations
• Support in the implementation of strategic initiatives and projects including new product or feature launches

Client Relationship Management:

• Active engagement with international private wealth advisor teams, WM leadership and clients where applicable to market and promote the international deposit offering
• Web site, marketing material and promotion development to achieve business goals

REQUIREMENTS

• Extensive experience within a similar Deposits business in a Private Bank
• Native German language skills are important
• Knowledge of working at a regional level across EMEA
• Prior experience working in a leadership role
• Ability to work in a fast-paced environment, be organized and think clearly under pressure
• Strong verbal and written communication skills
• Attention to detail with ability to operate independently
• Eager to work in an entrepreneurial environment
• Collaborative, energetic, enthusiastic, and a self-starter
• Foundational knowledge of deposit instruments, liquidity risk or treasury solutions is a plus

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 /careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.