Asset & Wealth Management - M&T-Analyst- Bengaluru

Job description

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 Monitoring & Testing function in Hyderabad, a critical role within the Asset & Wealth Management Control Office. By executing monitoring and testing processes and identifying potential risks and control weaknesses, this position contributes directly to the firm’s success by ensuring regulatory compliance, protecting client assets, and improving operational efficiency. **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 Management - Advise, challenges, informs the businesses on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressed - *Sets the tone from the top*: Acts as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globally - Identifies ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar risk - Partner 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 framework - *Risk analysis*: Work with the stakeholders to develop KRI’s / KPI’s which can be used to monitor