Risk, Capital Risk, Vice President

Risk, Capital Risk, Vice President, London Job Description

RISK

Our Risk teams develop comprehensive processes to monitor, assess, and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk professionals execute critical day‑to‑day risk management activities, lead projects, and contribute to the ongoing advancement of a robust risk‑management programme. Effective coordination with executive management, business units, control departments and technology is critical for success.

CAPITAL RISK

Capital Risk, part of the firm’s second line of defense and reporting to our chief risk officer (CRO), assesses the firm’s capital management framework, regulatory capital policies and related interpretations and escalates certain interpretations to senior management and/or the appropriate risk committee. This oversight includes independent review and challenge of our capital ratio targets, planned capital actions and regulatory capital calculations, analysis of the related documentation, independent testing and assessment of the appropriateness of the calculations and their alignment with relevant regulatory capital rules.

We are seeking an experienced professional to lead the firm’s independent review of the Prudential Regulation Authority’s (PRA) Internal Ratings Based (IRB) approaches.

• Understanding capital regulations (e.g., PRA Basel 3.1, Capital Requirements Regulation) and determining appropriate capital interpretations.
• Independent compliance assessment of the Senior Management Function (SMF) annual attestation in relation to the rule interpretation and implementation.
• Review and challenge of the notification framework and regulatory notification type within IRB framework.
• Monitoring, summarising and challenging the impact of and risk appetite associated with the implementation of the regulatory capital rules.
• Assessing the impact of capital regulation on individual transactions, new products and business proposals.
• Validation of regulatory capital requirement approaches and calculations.
• Understanding and challenging the firm's overall capital management strategy.
• Communicating thoughtful analysis on sophisticated regulatory capital matters to senior managers, businesses, and regulators.

• Minimum of 10 years of experience at the PRA, European regulator, or a bank with IRB approach permission (preferably 2nd line).
• Strong attention to detail, intellectual curiosity and commitment to excellence.
• Strong organisational skills - ability to manage a constantly evolving inflow of projects and priorities.
• Effective communicator - both orally and in writing.
• Team player - ability to maintain mutual support within a high‑profile team.
• Self‑motivated, proactive and willing to take on additional responsibilities, ability to run with issues and get involved as necessary.
• Ability to conduct research, analyse technical regulatory papers and identify relevant issues.
• Understanding of banking organisations, financial products; ability to analyse new trades and businesses with particular focus on regulatory capital implications.

• Competitive vacation policies with a minimum of three weeks expected usage each year.
• Financial wellness and retirement support, including financial education and content on a variety of topics.
• Health benefits, including medical advocacy service, employee assistance programme, global medical, security and travel assistance, and workplace ergonomics programme.
• Fitness support, including on‑site fitness centres and reimbursement for fitness club memberships.
• Child care support, including on‑site childcare centres, mother and baby rooms and home‑work rooms, and support for parental leave and adoption.

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

• Job Identification 119106
• Job Category Vice President
• Posting Date 06/26/2026, 10:45 AM
• Locations London, Greater London, England, United Kingdom