Asset & Wealth Management Operations - Analyst

:"

ASSET MANAGEMENT

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:

YOUR IMPACT

The Analyst will be responsible to support the Private equity business within GSAM infrastructure and ensuring transaction data accuracy in internal operations systems. The ideal candidate will be exposed to several different strategies across a complex product within Alternative strategies. The candidate will be expected to learn quickly and add value in understanding the front to back support for private equity business i.e., onboarding, on-going support, reporting and reconciliations.

OUR IMPACT

Goldman Sachs Asset Management delivers innovative investment solutions through a global multi-product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. Goldman Sachs Asset Management is one of the pre-eminent investment management organizations globally. Critical to the success of Goldman Sachs Asset Management is our ability to leverage a global team of talented professionals and deliver continued innovation to meet our client s evolving needs. The External Investment Group (XIG) Group provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, and traditional long-only managers. The XIGGroup manages globally diversified programs, targeted sector-specific strategies, customized portfolios, and a range of advisory services. Our investors access opportunities through new fund commitments, fund-of-fund investments, strategic partnerships, secondary-market investments, co-investments, and seed-capital investments. With over 300 professionals across eight offices around the world, the XIG Group provides manager diligence, portfolio construction, risk management, and liquidity solutions to investors, drawing on Goldman Sachs market insights and risk management expertise. We extend these capabilities to the worlds leading sovereign wealth funds, pension plans, governments, financial institutions, endowments, foundations, and family offices, for which we invest or advise on over $300 billion.

The XIG Operations team supports the XIG desk and has responsibility for various aspects of portfolio accounting, liquidity, credit facility management, foreign currency transactions, payments, and serves as the single point of contact for all business-related inquiries. These functions cover a wide range of clients and a complex product range, which include equities, money markets, currency, leveraged financing, asset backed loans, and derivatives. The XIG team supports portfolio managers, risk managers, sales, and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios and strategies. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and to shape and implement solutions for new clients, products, strategies, and system architecture. The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships.

JOB SUMMARY AND RESPONSBILITIES

Working on fund of fund Investment cash process for private equity funds and performing various subset functions
Reviewing monthly NAV for private equity funds and resolve breaks with the Admins
Maintain team procedures and provide regular management reporting to senior operations managers|
Performing daily cash & position reconciliation with custodians for private equity transaction
Collaborate with other departments and external stakeholders to support the transaction execution process
Manage inter-company payable/receivables, invoice review/processing and coordination of fund expenses
Leverage your attention to detail by managing daily responsibilities and inquiries, while also working on enhancing your project management skills working on key market initiatives and internal system enhancements
Grow with a strong team and develop a deep understanding of products and complex transactions while working with our business partners

BASIC QUALIFICATIONS

Qualified M.Com/B.Com with experience in the alternative investment/private funds market and process management desired Work Experience: 1-3 years
Good Private equity / accounting knowledge as well as MS Office knowledge (Word, Excel) required.
Good knowledge of financial statements preparation & review; USGAAP and IFRS knowledge

PREFERRED QUALIFICATIONS

Able to grasp new concepts quickly and work in a team environment.
Excellent interpersonal, client relationship and communication (written and verbal) skills.
Self-starter, inquisitive, enthusiastic with a strong analytical mind-set
Ability to handle multiple projects, deadlines, personalities, and broad-based coverage.
Knowledge and understanding of Excel, PowerPoint, Word, and adaptability to other software products.
Ability to work in a fast-paced, team-oriented environment.
Effective problem solver, attention to detail and ability to work to tight deadlines under pressure.
Risk management focus