Asset & Wealth Management, Monitoring & Testing , Associate

We are looking for an Associate to serve as a member of the Monitoring & Testing function in Hyderabad, a critical role within the Asset & Wealth Management Strategic Transformation 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 Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large-scale transformations. Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform. This group comprises of four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing.

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 three functions of the Asset & Wealth Management Strategic Transformation 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 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

SKILLS & QUALIFICATIONS

 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