Human Capital Management-Bengaluru-Associate-Firmwide Compensation

Job Description

Our division recruits, develops and rewards the people of Goldman Sachs. Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results. We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firm’s most valuable asset, our people.

YOUR IMPACT

Are you looking for a new opportunity to showcase your analytical, client advisory, communication, and relationship management skills? We have excellent position available within our Firmwide Compensation classic team in the Human Capital Management (HCM) division

You will be valued for your intellectual curiosity and your innovative approach to problem-solving. You will have direct impact on the success of the firm’s most valuable asset: our people.

OUR IMPACT

As a division, HCM is at the forefront of supporting business growth and change at Goldman Sachs by recruiting, developing, and rewarding the people of Goldman Sachs. Our teams advise, design, and implement strategies, processes, and technologies that help our people advance professionally, drive productivity, and help the firm and our clients achieve superior results.

The Firmwide Compensation Team drives the development and implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. This function requires liaising with other departments such as Controllers, Legal, and Tax and will also involve providing support to other HCM functions, including HCM Business Partners, Recruitment, Employee Relations, Executive Compensation, Equity Compensation, and Global Mobility Services.

How You Will Fulfill Your Potential

• Serve as strategic advisor to the firm in India to design, implement and manage firms’ compensation programs and deliver projects in line with firm and divisional strategy
• Work with consultants in conducting benchmarking studies to ensure compensation strategies are competitive within the industry, and provide key findings to divisional and firmwide senior leadership throughout the year
• Engage with the Firmwide Compensation team to identify continuous improvement and automation opportunities, drive process change, and create efficiencies across the function
• Analyze hiring and attrition trends to understand market movement and advise senior stakeholders on best approaches to attract and retain top talent
• Partner with cross-functional HCM teams to advise and structure new hire offer compensation packages
• Work closely with finance and divisions to manage compensation budgets throughout the year; centrally administer the year-end compensation process for the firm
  
  

Qualifications

SKILLS & EXPERIENCE WE’RE LOOKING FOR

• Bachelor’s or master’s degree in human resources, Business Administration, Finance, or a related field
• 4-5 years of relevant work experience required.
• Highly proficient working with and analyzing large sets of data and presenting results that tell a clear and compelling story
• Ability to handle multiple, time-sensitive priorities while focusing on the quality of work delivered to clients
• Strong understanding of Compensation practices, regulations
• Highly organized, attention to detail and excellent follow-through required
• Strong written and verbal communication skills and ability to develop relationships with professionals across several HCM groups and act as an effective liaison to meet client needs
• Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate
• Ability to work well both independently and in a global fast-paced team environment
  
  

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

The Goldman Sachs Group, Inc., 2023. All rights reserved.

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