Bengaluru, Karnataka, India
16 hours ago
Asset & Wealth Management Operations - PWM Margin Lending - Associate - Bengaluru

What We Do

At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals.

Wealth Management 

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design. 

Operations

Operations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow. 

Our Impact

PWM Margin Lending, as part of the global Strategy and Transformation organization within Asset and Wealth Management Operations is responsible for margin risk monitoring supporting the Private Wealth Management (PWM) business. The team seeks an experienced associate. The successful candidate will work within a team focusing on monitoring margin exposure for the related accounts. The Margin Lending group focuses on a combination of day to day operational functions and value added projects and initiatives. From an early stage, we develop and expect our analysts to think creatively and ‘outside the box’ as well as improving the daily process and taking responsibility and ownership for this to happen. We promote cross training and ensure our Associates develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group. The role will involve close interaction with other areas of the bank including Credit, Risk and Sales, therefore requiring strong communication and interpersonal skills. 

Job Summary & Responsibilities

The principal responsibilities include: 

Calculation and issuance of margin calls for PWM clientele Validating and ensuring all margin calls are issued on a timely basis. Responding to all incoming queries and interacting with many different areas of the bank, in particular with Risk, Credit and Technology Proactively working on enhancing the team’s process and controls. Resolution and escalation of all client disputes and queries. Project and initiative management and participation within the team and across all regions 

 

Skills & Experience We Are Looking For

Basic Qualifications

Strong organizational and multi-tasking skills to balance competing priorities and meet deadlines. Exceptional understanding of products, risks, controls and escalations process across Operations. Excellent problem-solving skills; comfort dealing with large datasets and strong numerical aptitude. Motivated, enthusiastic and career focused. Strong motivation to succeed, both as an individual and as a team. Desire for continued improvement and new challenges, both on a business and personal level. Excel skills an advantage. Excellent communication and interpersonal skills with a strong appreciation of client service. Bachelor’s Degree Required. 

Preferred Qualifications

Good working knowledge of product flows and systems, including OTC derivatives and intercompany processes. Prior experience with the Margin Lending business, systems, flows, products and client base.

Goldman Sachs Engineering Culture

At Goldman Sachs, our Engineers don’t just make things – we make things possible. Change the world by connecting people and capital with ideas. Solve the most challenging and pressing engineering problems for our clients. Join our engineering teams that build massively scalable software and systems, architect low latency infrastructure solutions, proactively guard against cyber threats, and leverage machine learning alongside financial engineering to continuously turn data into action. Create new businesses, transform finance, and explore a world of opportunity at the speed of markets.

Engineering is at the critical center of our business, and our dynamic environment requires innovative strategic thinking and immediate, real solutions. Want to push the limit of digital possibilities? Start here!

 

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

 

 

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