Transaction Banking, Liquidity Portfolio Manager, Vice President

About the role

Goldman Sachs’ Transaction Banking division delivers a modern, digital‑first platform that helps clients achieve working‑capital efficiency by optimizing short‑term liquidity and simplifying cash‑management operations. The Liquidity Portfolio team is responsible for growth, pricing strategy, and balance‑sheet performance of the corporate deposit portfolio, operating at the intersection of sales, product, and corporate treasury. This Vice President role leads deposit and cash‑management pricing, manages the commercial health of the portfolio, and aligns with firm‑wide funding objectives while acting as a bridge between client‑facing Coverage teams, Corporate Treasury, and the Liquidity Product team.

Responsibilities

• Deal‑Level Pricing & Structuring: Own end‑to‑end pricing requests for Demand Deposit Accounts (DDAs), fixed/floating Term Deposits, and Notice solutions, establishing competitive, risk‑adjusted pricing frameworks.
• Marginal Trade Evaluation: Analyze deposit request yields to ensure opportunities are accretive to Transaction Banking’s financial performance and margin goals.
• Sales Enablement: Partner with Coverage teams to support high‑value client acquisitions with customized, yield‑optimized liquidity solutions.
• Performance Tracking & Treasury Coordination: Lead periodic reviews of balance‑sheet metrics, liability levels, and margin fluctuations; assess funding attributes (e.g., FTP updates) to set actionable commercial pricing targets.
• Liquidity Metric Alignment: Evaluate the impact of deposit compositions on regulatory ratios such as the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).
• Market Assessment & Product Strategy: Conduct research on global interest‑rate environments, competitor pricing, and cash‑management trends; collaborate with the Liquidity Product team to enhance existing features and commercialize new solutions.
• P&L Monitoring: Track product adoption and client behavior to identify balance‑sheet optimization or product‑enhancement opportunities.
• Exception & Limit Monitoring: Manage pricing exception queues, ensuring deviations from base rates adhere to governance structures and risk limits.
• Stakeholder Reporting: Prepare polished reports and presentations on portfolio performance and liability concentrations for senior leadership and risk committees.

Qualifications

• 6–10+ years of experience in Transaction Banking, Corporate Treasury, Liquidity Product Management, or Cash Management.
• Deep understanding of deposit mechanics, DDA structures, fixed/floating rate curve dynamics, and cash concentration solutions.
• Proven analytical capability managing large datasets to model pricing sensitivities and generate strategic portfolio insights.
• Strong interpersonal and communication skills, able to convey complex balance‑sheet and liquidity topics to senior management.
• Preferred: Knowledge of bank balance‑sheet dynamics, funds transfer pricing (FTP), and regulatory frameworks (e.g., Basel III, Regulation D).
• Preferred: Prior experience in a fast‑paced Transaction Banking environment.
• Preferred: Competency with business intelligence and data‑visualization platforms (e.g., Reuters, Salesforce).

Benefits

Goldman Sachs offers a comprehensive benefits and wellness program that includes training and development opportunities, firm‑wide networks, health and wellness resources, personal finance services, and mindfulness programs, all aimed at supporting professional and personal growth.

Pay

Base salary range: $125,000 – $250,000. Eligible for a discretionary bonus for active employees at fiscal year‑end.