Dallas, Texas, USA
4 days ago
Asset & Wealth Management, Monitoring & Testing, Analyst/Associate - Dallas

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.

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 operational risk and control profile across Asset & Wealth ManagementAdvise, challenges, informs the businesses on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressedSets the tone from the top: Acts as a culture carrier by embedding & propagating a risk mind-set and awareness within the team, region & globallyIdentifies ways to share risk best practice across teams and functions, and with other business lines where like processes exist/there is exposure to similar riskPartner 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 frameworkRisk 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 & platformsWork 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 dataDevelop 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 datasetsPartner with developers and low-code specialists to develop tooling to support test execution, recordkeeping, and reportingWork with our BI team in building data models / data visualization for generating multi-dimensional reportingMaintain strong relationships and connectivity with the broader control and data organizations to enable maintenance of the test suites as the operating and control environment changesExecute test suites using manual and automated techniques, and integrate results into the broader risk management framework, including control enhancements and risk assessmentsCoordinate 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 requiredExposure 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 managementExcellent communication skills to clearly articulate issues and ideas with different levels across Asset & Wealth Management stakeholdersStrong analytical skills with an ability to understand complex workflows, and excellent attention to detailsInnovative, 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 environmentAbility to perform data analytics using metrics to identify trends and themesSound time management skills to be able to effectively prioritize and multi-task.A mentor / coach to the juniors in the teamDrive and motivation to improve personal performance, broaden knowledge, work intensely towards extremely challenging goals, and persist in the face of obstacles or setbacksGood interpersonal and teamwork skills to collaborate as a global team and build strong relationship with key stakeholders across DivisionsKeeps current with emerging business, economic and market trends Aptitude handling large data sets, synthesizing a variety of information to summarize a profileTrack record of delivering and enhancing measurable, impactful business outcomes and product
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