Goldman Sachs

Private Bank, Deposits, Vice President, Frankfurt

Posted: 2 hours ago

Job Description

Job DescriptionOUR 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 IMPACTWe 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 & AnalyticsPricing and risk analytics to determine deposit pricing on an ongoing basis as well as transaction specific deposit product pricingHelp define business strategy via business planningDevelop and use dashboards to monitor performance against balance and revenue goals Run regular competitor analysis for deposit products and ranking across marketsBusiness ManagementDeveloping and maintaining deposit policies, procedures and processes to operate the business effectively and in compliance with all relevant global regulationsSupport in the implementation of strategic initiatives and projects including new product or feature launchesClient Relationship ManagementActive engagement with international private wealth advisor teams, WM leadership and clients where applicable to market and promote the international deposit offeringWeb site, marketing material and promotion development to achieve business goalsRequirementsExtensive experience within a similar Deposits business in a Private Bank Native German language skills are importantKnowledge of working at a regional level across EMEAPrior experience working in a leadership roleAbility to work in a fast-paced environment, be organized and think clearly under pressureStrong verbal and written communication skillsAttention to detail with ability to operate independently Eager to work in an entrepreneurial environmentCollaborative, energetic, enthusiastic, and a self-starter Foundational knowledge of deposit instruments, liquidity risk or treasury solutions is a plus About Goldman SachsAt 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 GS.com/careers.We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html© The Goldman Sachs Group, Inc., 2025. All rights reserved.Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

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