Logo of Huzzle

Asset & Wealth Management, Monitoring & Testing, Associate, Bengaluru

  • Job
    Full-time
    Mid & Senior Level
  • Data
    Banking & Finance
  • Bangalore

AI generated summary

  • You need strong knowledge in Asset & Wealth Management, risk management experience, analytical skills, programming basics, and excellent communication. Professional certifications are preferred.
  • You will assess risks, advise on mitigation strategies, share best practices, and collaborate with business lines to enhance the risk and control framework in Asset & Wealth Management.

Requirements

  • Solid understanding of the Asset & Wealth Management franchise and experience within a risk management context are required
  • Exposure to qualitative and quantitative controls and data testing across financial products
  • Working knowledge of programming fundamentals including software development life cycle concepts
  • Proactive with strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail
  • 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 stakeholders
  • Innovative, 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 environment
  • Ability to perform data analytics using metrics to identify trends and themes
  • Sound time management skills to be able to effectively prioritize and multi-task
  • A mentor / coach to the juniors in the team
  • Drive and motivation to improve personal performance, broaden knowledge, work intensely towards extremely challenging goals, and persist in the face of obstacles or setbacks
  • Good interpersonal and teamwork skills to collaborate as a global team and build strong relationship with key stakeholders across Divisions
  • Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives
  • Sees the big picture and effectively analyzes complex issues
  • Keeps current with emerging business, economic and market trends
  • Track record of delivering and enhancing measurable, impactful business outcomes and product
  • CFA, FRM or equivalent professional certifications preferred

Responsibilities

  • Develop an in-depth knowledge of the risk and control profile across Asset & Wealth Management
  • Advise, challenge & inform the businesses on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressed
  • Identify 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

FAQs

What is the primary function of the Associate in the Monitoring & Testing team?

The Associate will execute monitoring and testing processes, identify potential risks and control weaknesses, and ensure regulatory compliance to improve operational efficiency within Asset & Wealth Management.

What qualifications are preferred for this position?

Preferred qualifications include a solid understanding of the Asset & Wealth Management franchise, exposure to risk management, knowledge of programming fundamentals, and professional certifications such as CFA or FRM.

Is there a specific skill set required for this role?

Yes, candidates should possess strong analytical skills, the ability to navigate data sets, develop metrics, perform data analytics, and have excellent communication and interpersonal skills.

Do we offer training and development opportunities?

Yes, Goldman Sachs is committed to providing training and development opportunities to support professional growth for all employees.

What kind of team culture can candidates expect?

Candidates can expect a diverse and inclusive team culture that values integrity, transparency, innovation, and collaboration across various functions.

Is prior experience in financial markets necessary for this role?

While direct experience in financial markets is beneficial, a strong interest in financial markets and a quantitative orientation is essential.

Will the role require collaboration with other teams?

Yes, the position involves close collaboration with other functions within the Asset & Wealth Management Strategic Transformation Office, fostering teamwork across various divisions.

Is there a focus on risk management in this position?

Yes, a key aspect of the role involves developing knowledge of the risk and control profile, advising on risk mitigation, and applying lessons learned to improve the risk framework.

What is the expected working environment for this position?

The role requires working on-site in Bengaluru, contributing to the firm’s success through in-person collaboration.

Are there any specific personal attributes sought in candidates?

Yes, candidates should be proactive, innovative, detail-oriented, and possess strong time management skills to effectively prioritize and multi-task.

Finance
Industry
10,001+
Employees
1869
Founded Year

Mission & Purpose

Goldman Sachs is a global investment banking, securities, and investment management firm. They offer a range of financial services to corporations, financial institutions, governments, and individuals. Goldman Sachs' primary activities include investment banking, asset management, securities trading, and providing advisory services. Their ultimate mission is to be a leading global financial institution, providing superior financial expertise and solutions to their clients. The purpose of Goldman Sachs is to help their clients achieve their financial goals, manage risk, and navigate complex markets. They aim to drive economic growth, foster innovation, and create long-term value for their clients, shareholders, and the communities they operate in. Goldman Sachs is committed to upholding the highest standards of integrity, professionalism, and client service, serving as a trusted partner and advisor in the world of finance.

Culture & Values

  • Partnership

    We prioritize collaboration and believe in the strength of the collective, creating a culture that fosters teamwork and belonging in the pursuit of professional and personal growth.

  • Client Service

    We lead with a service mindset, working to earn our clients’ trust and exceed their expectations by understanding and overdelivering on their goals.

  • Integrity

    We hold ourselves accountable to the highest ethical standards, insisting on transparency and vigilance from our people as we learn from our experiences and make decisions that instill a sense of pride in our firm.

  • Excellence

    We aspire to nothing less than excellence, striving for exceptional performance and superior results for our clients, our shareholders, and our communities.

Benefits

  • Holiday and Vacation Policies

    We offer competitive vacation policies based on employee level and office location. This is in addition to any number of statutory and public holidays as determined by each office. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

  • Financial Wellness & Retirement

    The firm provides a number of resources and offerings designed to help our employees achieve their personal financial goals. We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities — from buying a home, to navigating market volatility and investments, legacy and estate planning, tax strategies, and will preparation.

  • Health Services

    We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

  • Childcare / Family Care

    In some offices, we offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

  • Flexible Working

    Based on manager approval, the following arrangements may be available to help employees meet their personal and family responsibilities: part-time schedules, job sharing, telecommuting, and alternate hours.