Monitoring & Testing, Analyst

AWM Description

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:

Investors , spanning traditional and alternative markets offering products and services

Advisors , understanding our clients priorities and poised to help provide investment advice and strategies that make sense for their portfolios

Thought Leaders , providing timely insights across macro and secular themes to help inform our clients investment decisions

Innovators , using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

YOUR IMPACT

Are you passionate about transformation projects and contributing to the ever-evolving landscape of the Asset & Wealth Management industry Can you see yourself in a fast-paced, global team environment, working on the development and execution of risk and control management strategies

We are looking for a Analyst 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.

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 operational risk and control profile across Asset & Wealth Management
• Advise, challenges, informs the businesses on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressed
• Sets the tone from the top : Acts as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globally
• Identifies 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
• Risk analysis : Work with the stakeholders to develop KRI s / KPI s which can be used to monitor operational health of our framework. Use these to drive the risk agenda with the leadership group, highlight areas of concerns and partner with line managers to develop, execute and monitor progress on remediation plans

QA & Technical Hat

• Develop Control QA & Monitoring framework. Identify continuous improvement mechanisms to strengthen the framework based on ever-evolving changes in process, regulations & platforms
• Work with our QA team to design tests for data quality, lineage, and controls across a range of products, business lines and processes, including both manually and systematically created data
• Develop methodologies to define test scripts, execute tests, including frequency, sampling, evidencing, and follow-up actions which integrate with the broader Divisional risk management framework and datasets
• Partner with developers and low-code specialists to develop tooling to support test execution, recordkeeping, and reporting
• Work with our BI team in building data models / data visualization for generating multi-dimensional reporting
• Maintain strong relationships and connectivity with the broader control and data organizations to enable maintenance of the test suites as the operating and control environment changes
• Execute test suites using manual and automated techniques, and integrate results into the broader risk management framework, including control enhancements and risk assessments
• Coordinate end-to-end risk management delivery with other Divisions, such Compliance, Legal, Risk and Internal Audit as well as support regulatory interactions

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.
• Ability to navigate data sets, develop metrics and perform analysis.
• An energetic self-starter with strong control mindset with a passion for risk management
• Excellent communication skills to clearly articulate issues and ideas with different levels across Asset & Wealth Management stakeholders
• Strong analytical skills with an ability to understand complex workflows, and excellent attention to details
• 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
• Keeps current with emerging business, economic and market trends
• Aptitude handling large data sets, synthesizing a variety of information to summarize a profile
• Track record of delivering and enhancing measurable, impactful business outcomes and product