Asset & Wealth Management - Monitoring & Testing - Analyst - Hyderabad

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 goalsOur Impact:

Our Controls Monitoring and Testing team is the backbone of our operational risk management efforts, dedicated to ensuring that our business operates within a framework of strong, effective controls. By rigorously assessing and testing key controls, we protect the organization from potential risks, ensure compliance with regulatory requirements, and drive continuous improvement in operational efficiency. Our team's work is vital in maintaining the integrity of our operations and supporting the overall success and sustainability of the business.

Your Impact

As a Sr./Analyst in Controls Monitoring and Testing, you will play a crucial role in safeguarding our organization’s operations. Your analytical expertise and attention to detail will ensure that our controls are robust and functioning as intended, helping to identify and mitigate potential risks before they impact the business. Through your contributions, you will enhance the effectiveness of our control frameworks, support compliance with regulatory standards, and drive improvements that reinforce the strength and resilience of our operations.

Job Summary

We are seeking a detail-oriented and proactive Analyst to join our Controls Monitoring and Testing team. In this role, you will play a key part in ensuring the effectiveness of our controls through meticulous testing and monitoring. You will work closely with senior team members to design and assess controls that align with consumer regulatory standards. This position offers an excellent opportunity to develop your skills in risk management and operational excellence within a dynamic and supportive environment.

Key Responsibilities

• Control Testing: Conduct detailed testing of controls to ensure their effectiveness in mitigating operational risks, and identify areas for improvement.
• Control Design Support: Assist in the development and design of new controls that address evolving business and regulatory requirements.
• Risk Assessment: Support the team in conducting risk assessments to identify potential gaps in the current control environment and propose enhancements.
• Data Analysis: Utilize data analysis tools (e.g., Excel, SQL) to interpret test results, generate reports, and provide actionable insights to senior management.
• Incident Investigation: Participate in investigations of operational incidents, helping to identify root causes and recommend preventive measures.
• Collaboration: Work closely with cross-functional teams to support the implementation of control enhancements and ensure seamless integration into existing processes.
• Regulatory Compliance: Ensure all control testing and design activities are conducted in compliance with consumer regulatory requirements.
  
  

Qualifications

• Education: Bachelor’s degree in Risk Management, Business, Finance, or a related field.
• Experience: 1-3 years of experience in risk management, control testing, or a related area.
• Technical Skills: Proficiency in data analysis tools (e.g., Excel, SQL); familiarity with control design methodologies is a plus.
• Regulatory Knowledge: Basic understanding of consumer regulatory requirements related to operational risk and controls.
• Analytical Skills: Strong analytical and problem-solving abilities, with attention to detail.
• Communication: Good communication and interpersonal skills, with the ability to collaborate effectively with team members.
  
  

About Goldman Sachs

At 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

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.

Applicants who wish to request for a medical or religious accommodation, or any other accommodation required under applicable law, can do so later in the process. Please note that accommodations are not guaranteed and are decided on a case by case basis.

The Goldman Sachs Group, Inc., 2024. All rights reserved.

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