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Goldman Sachs

Compare

3.5

based on 1.2k Reviews

148 Goldman Sachs Jobs

Associate - Monitoring and Testing

Goldman Sachs

3.5

based on 1.2k Reviews

5-10 years

Hyderabad / Secunderabad

1 vacancy

Associate - Monitoring and Testing

Goldman Sachs

posted 1d ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Data Analytics Investment Banking Auditing Analytical Chemistry Financial Planning and Analysis

+ 4 more

Job Description

The role requires collaboration with all CPM Pillars and different functions such as Compliance, Risk across the firm on a regular basis, an ability to work independently, and ability to interact with senior professionals across the firm. The role will sit within CPM Divisional Risk Team.
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 Corporate Planning & Management and Goldman Sachs as a whole.
This partnership with strategic efforts across the firm allows for close collaboration with the other all pillars across CPM, providing opportunities for experience and influence in other areas. CPM Monitoring & Testing team is looking for people with strong quantitative and technical backgrounds and a strong interest in Risk Management.
We seek bright and dynamic individuals with a quantitative orientation, basic financial acumen, and fluency with programming tangible experience in Monitoring & Testing and/or Control Testing.

Job responsibilities will include, but are not limited to:

Develop an in-depth knowledge of the risk and control profile across Corporate Planning & Management
Partner with the CPM Pillars 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
Conduct comprehensive reviews and evaluations of processes, controls, and procedures to ensure adherence to regulatory requirements and firmwide policies and standards.
Perform risk assessments and gap analysis to identify remediation requirements and areas of improvement and facilitate development of action plans to address any identified deficiencies and share best practices across teams and functions.
Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes and business controls.
Advise, challenge and inform the CPM Pillars on recommended ways to mitigate risk; review action items to ensure that risk is being sufficiently addressed
Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies.
Monitor, measure, evaluate, and report on the impact due to control deficiencies to relevant business group or functional area.
Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk.
Collaborate with the stakeholders across CPM Pillars to identify current and emerging risks associated with business activities and operations.
Collaborate and consult with colleagues, management, and pillars regarding risk management.

Key Skills Required:

Strong understanding of Risk Management, Control Testing, and relationship between controls and mitigating risks is required - able to identify key business risks, assessing their potential impact, and prioritizing controls based on risk levels.
Exposure to qualitative and quantitative controls and data testing across financial products.
Able to design and execute control testing procedures and test scripts.
Proactive with strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail are required.
Ability to navigate data sets, develop metrics and perform analysis using metrics to identify trends and anomalies.
Knowledge of relevant regulatory requirements (eg, SOX, GDPR) and audit methodologies and frameworks.
Proficiency with data analysis software / tools.
Excellent communication skills to clearly articulate issues and ideas with different levels across CPM, Risk and Compliance stakeholders as necessary.
Innovative, including a keen eye for identifying areas of control enhancements and automation which have practical value.
Good influencing skills and ability to challenge status quo and continuously enhance the control environment
Sound time management skills to be able to effectively prioritize and multi-task.
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.
Able to see the big picture and effectively analyze complex issues.
Experience in Vendor Management and/or Procurement Operations would be beneficial.
CRISC, CISA, FRM or equivalent professional certifications preferred.

Qualifications:

Relevant bachelors degree in Engineering, Risk Management, or equivalent qualification with an excellent academic record.
5+ years of experience in control Monitoring & Testing and/or Risk & Compliance, Operational risk management and/or Vendor Management, Procurement Operations.
Ability to work independently under general supervision with latitude for initiative and independent judgement.
Ability to consult, build, maintain solid working relationships in and outside of the CPM division.
Ability to manage initiatives involving process improvements.

Employment Type: Full Time, Permanent

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