Operations - Securities Division Operations - Margin, Collateral & Val Ops - Collateral Management Ops - Associate - Bengaluru

Job Description

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

OUR IMPACT

Margin, Collateral, and Valuations (MCVO) within Securities Division Operations is a global, fast-paced and dynamic team which supports all areas of the firm dealing with funding, cash movement, collateral and margin management and pricing. The team also interacts with many other areas of the firm giving members a unique perspective into the various business lines of the firm while impacting multiple business streams. The team manages a wide range of complex processes, with focus on risk management and controls to preserve and enhance firm’s operational capabilities, capital, commerciality, and adherence to rules & regulations.

YOUR IMPACT

Are you looking to apply your risk management and quantitative skills while working in a fast-paced and collaborative atmosphere? Our MCVO Regulatory Assurance team is seeking a professional who is interested in utilizing their skills and experience to help build out & execute on team’s regulatory quality assurance strategy, while developing competencies around derivative & security products, respective business areas, legal agreements, technology flows and global regulations.

RESPONSIBILITIES AND QUALIFICATIONS

JOB SUMMARY AND RESPONSIBILITIES

• Play an integral part in establishment and enhancement of team’s regulatory control strategy and quality assurance program• Work closely with various teams within organization to conduct detailed risk reviews, evaluating the effectiveness of processes and controls to identify potential areas of risk• Perform periodic risk assessments to ensure ongoing adherence to team’s regulatory obligations • Put forth and execute on remediation solutions to mitigate risks & enhance team’s regulatory control framework• Lead and provide guidance on team’s responses to Regulator & Internal audits, and other regulatory inquiries partnering with Compliance & Legal and ensuring timely and accurate completion• Involvement in implementation of regulatory changes and ongoing maintenance impacting the team• Partner with Engineering & Business Intelligence teams to build out effective & efficient risk management tools & capabilities• Keep abreast of regulatory change and participate in industry forums• Foster relationships across multiple areas in the Firm including senior leadership in Operations, Engineering, Legal, Compliance, Internal Audit, & Risk

BASIC QUALIFICATIONS

• Proactive, self-motivated individual with high levels of ownership, and driven to achieve• Strong analytical and problem solving skills• Strong attention to detail and organizational skills with ability to keep track of a varied workload, balance competing priorities and meet deadlines• Ability to dig into the detail, challenge processes, identify areas of potential risk and generate creative solutions • Experience with data analytics is a plus, understanding the detail and identifying possible issues with accuracy & completeness• Experience with Quality Assurance, Regulatory or Audit background is preferred

PREFERRED QUALIFICATIONS

• Strong verbal and written communication skills with the ability to influence a wide range of stakeholders• Desire to work in a fast-paced environment

ABOUT GOLDMAN SACHS

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., 2020. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity