The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.

AWM Description

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

·         Investors, spanning traditional and alternative markets offering products and services

·         Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios

·         Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions

·         Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

YOUR IMPACT

Are you passionate about transformation projects and contributing to the ever-evolving landscape of the Asset & Wealth Management industry? Can you see yourself in a fast-paced, global team environment, working on the development and execution of risk and control management strategies?

We are looking for an Analyst to serve as a member of the Regulatory Inventory Trackability function in Hyderabad, a critical role within the Asset & Wealth Management Control Office. The candidate will be responsible for evaluating regulatory requirements related to identifying and assessing potential consumer impact and supporting linkages between regulatory requirements to the firm’s risks and controls.

 

OUR IMPACT

Within Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from around the firm to help individuals and institutions across various industries navigate changing markets and to provide them with a diverse offering of product solutions. Financial planning, investment management, banking and comprehensive advice is provided 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 growth is driven by a relentless focus on our people, our clients, and leading-edge technology, data and design. We value self-starters with an entrepreneurial spirit, providing the support and resources to ensure your success.

The Asset & Wealth Management Control Office is a recently established group in the Risk organization overseeing the division’s key control design standards. The Risk division is responsible for credit, market and operational risk, model risk, independent liquidity risk, and insurance throughout the firm. Our primary objectives are to create the key control inventory and process-risk-control artefacts across the division, report on the health of the division’s control landscape, and elevate controls to optimize our operating platform. This role ensures the effectiveness of controls supporting AWM’s business activities, driving consistency, transparency and accountability across the division. This group comprises of six critical functions, including (1) Control Office Management, (2) Control Strategy, (3) Monitoring & Testing, (4) Firmwide Policy Oversight Group, (5) Regulatory Inventory Traceability, and (6) Issue Management.

 

The Monitoring & Testing function will implement an evaluation framework to continuously monitor the efficacy of our processes, systems, and controls, and ensure their performance and compliance through robust testing methods, positioning itself as a critical function in mitigating risk within Asset & Wealth Management and Goldman Sachs as a whole. This partnership with strategic efforts across the firm allows for close collaboration with the other functions of the Asset & Wealth Management Control Office, providing opportunities for experience and influence in other areas. AWM Monitoring & Testing team is looking for people with strong quantitative and technical backgrounds and a strong interest in financial markets. We seek bright and dynamic individuals with a quantitative orientation, basic financial acumen, and fluency with programming.

 

 

 

HOW YOU WILL FULFILL YOUR POTENTIAL

Risk & Control Hat

Develop an in-depth knowledge of the operational risk and control profile across Asset & Wealth ManagementAdvise, challenges, informs the businesses on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressedSets the tone from the top: Acts as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globallyIdentifies ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar riskPartner with the business lines to understand the residual risks that exist after issues are resolved and engage across the front to back to apply lessons learned to improve our risk and control frameworkRisk analysis: Work with the stakeholders to develop KRI’s / KPI’s which can be used to monitor operational health of our framework. Use these to drive the risk agenda with the leadership group, highlight areas of concerns and partner with line managers to develop, execute and monitor progress on remediation plans

QA & Technical Hat

Support the design and implementation of strategic and sustainable regulatory inventory and traceability process, with alignment to the Risk Management FrameworkManage regulatory mapping activities to assessment units, processes, risks, controls and policies and oversee consistency across pillars and divisionsDevelop comprehensive action plans to ensure control environment is fit for purpose, with consideration to regulatory obligationsEngage key stakeholders to make strategic decisions, prioritize implementation plans and manage volumesFacilitate reporting and information sharingPartner with and direct vendors to deliver against GS expectations, including identifying opportunities for automation and strategic engagementsManage requests and exams from outside regulators and internal auditRepresent Regulatory Management in second line led remediation efforts

SKILLS & QUALIFICATIONS 

Solid understanding of the asset management regulatory landscape, operating models and ecosystemsProfessional experience in handling various regulatory change objectives in the financial services industry is preferableExperience in developing informative metrics and undertaking quantitative analysis to assess the effectiveness of the regulatory control environment and inform executive decisions related to regulatory strategies. Exposure to qualitative and quantitative controls and data testing across financial products.Working knowledge of programming fundamentals including software development life cycle concepts.Ability to navigate data sets, develop metrics and perform analysis.Excellent communication skills to clearly articulate issues and ideas with different levels across Asset & Wealth Management stakeholdersStrong analytical skills with an ability to understand complex workflows, and excellent attention to detailsInnovative, including a keen eye for identifying areas of control enhancements and automation which have practical value. Good influencing skills to challenging the status quo and continuously enhance the control environmentAbility to perform data analytics using metrics to identify trends and themesSound time management skills to be able to effectively prioritize and multi-task.A mentor / coach to the juniors in the teamDrive and motivation to improve personal performance, broaden knowledge, work intensely towards extremely challenging goals, and persist in the face of obstacles or setbacksGood interpersonal and teamwork skills to collaborate as a global team and build strong relationship with key stakeholders across DivisionsKeeps current with emerging business, economic and market trends Aptitude handling large data sets, synthesizing a variety of information to summarize a profileTrack record of delivering and enhancing measurable, impactful business outcomes and product