Controllers-Ledger Validation-Analyst-Bengaluru

ABOUT GOLDMAN SACHS

Wearea leading global financialservicesfirm providing investment banking securitiesandinvestment managementservicesto a substantialanddiversifiedclient base that includes corporations financial people capitaland ideasto help our clientsshareholdersand the communitieswe serveto grow.

YOUR IMPACT

As a member of this team you will gain expertise on Reconciliations and key accounting principles. Not just understanding but also performing the tasks on a daily basis gaining experience into posting patterns. You will have the opportunity to work with multiple business units firmwide on a day to day basis thereby gaining insights into the overall Operations model within Goldman. You will also work on regulatory tasks key Compliance asks Audits and new business impact analysis as you become an SME in the process. You will also get to work on AI automation projects participate in testing and execution

OUR IMPACT

Risk & Regulatory Control Reconciliations team is a critical control team within Operations. We provide senior management with critical control indicators to assess economic regulatory and operational risks associated with the operations areas that support the business units. We help maintain the firms reputation and clients confidence by ensuring compliance with customer protection regulations as well as liaise with regulators and auditors during audit processes. We help improve the efficiency and controls of securities foreign exchanges commodities and futures businesses through independent reconciliations and oversight of trade and clearance processes. Through the development testing and implementation of strategic technology and new business initiatives we help ensure the adequacy of controls to mitigate financial regulatory and reputational risks for the firm and excellence in execution.

TEAMS OVERVIEW

AUDIT CONFIRMS

The Audit Confirmation Team is responsible for responding to audit requests from Goldman Sachs clients and counterparties globally by providing month end statements to their auditors confirming security positions and cash balances for the purpose of an audit. The team is also responsible for the firms adherence to SEC Rule 17a-13 and for facilitating responses to client audit confirmation requests. The SEC rule specifies that borrows/loans fails to deliver/receive repurchase/reverse positions aged over 30 days must be verified with the counterparties (brokers/dealers banks and clients) once every quarter.

LEDGER RECONCILIATIONS

The Ledger Reconciliations Team is responsible for all inter-company and intra-company monitoring reconciliations and reportingwhich are used to facilitate business transactions between a GS company and its affiliates. The team is responsible for the overall integrity of the General ledger and Sub Ledger ensuring that all supporting ledgers agree with the master ledgers. The ledger Reconciliations team strives to accurately and effectively compare internal books and records to external clearing agents such as BoNY DTCC NSCC etc. We asses and report operational risks through the analysis of settlement and trade activity to allow the business to better manage their operations.

Risk Regulatory Control - DIVISION OVERVIEW

Risk Regulatory Control is a dynamic multi-faceted division that partners with all parts of the firm to deliver banking sales and trading and asset management capabilities to clients around the addition the department provides essential risk management and control to preserve and enhance the firms assets and its reputation. For every trade agreed every new product launched or market entered every transaction completed this is the team that develops the processes and controls that enables business flow.

TEAM OVERVIEWS

Analysts joining the division will be on the front-line of the division enabling all the firms businesses. Thisincludes taking an active role in the life cycle of each deal trade or transaction including onboarding the client assisting in pricing monitoring various reconciliations (risk booking system versus factories) affirming trade economics settling and allocating trades and post-settlement activities such as collateral management or maintenance of securities and cash.

These teams work closely with traders and bankers to service our clients and mitigate risk. Professionals in these functions have diverse academic backgrounds (Liberal Arts Business STEM).

QUALIFICATIONS

Highly motivated graduates who can demonstrate outstanding achievements in academic and extracurricular activities and people who can display the following personal qualities and attributes:

• Communication & InterpersonalSkills
• Intellectual Curiosity Passion andSelf-Motivation
• Strong Sense ofTeamwork
• Leadership
• Sense of RiskManagement
• Design Creativity and Problem-SolvingSkills
• Integrity Ethical Standards and SoundJudgment
• Commitment toExcellence

RESPONSIBILITIES

• Gaining an understanding of the dynamics of the process and the risk and controlmechanisms
• Performing day-to-day functions similar to the Operations teams to gain hands-onexperience.
• Gaining in-depth understanding of exotic asset classes on how they are captured processed andcalculated.
• Documentation and/or visual representation of saidprocesses.
• Analyzing large amounts of data relating to Operations processes and presenting them in a visual format that provides transparency into key risk indicators.
• Identifying inefficiencies or open risks in the existingprocesses
• Mapping out dependencies and requirements to remediateinefficiencies/risks.
• Working with other teams within the firm and key stakeholders on the idea formation andplans
• Implementation ofprojects/controls/procedures
• Supporting projects that involve new regulations and/or improving compliance/performance against existingregulation

SKILL / EXPERIENCE

• Understanding of Financial markets (Primary/Secondary markets Derivative productsetc.)
• Very strong financial riskawareness
• Strong communication and team working skills are essential. The successful candidate will be working with global team members and the ability to clearly communicate potential issues to team members across our offices is a crucial function of therole.
• Working knowledge of at least one programming languagedesirable e.g. SQL Python
• Strong analytical and logicalskills
• Inquisitive mind set and attention todetails.
• Ability to identify process control gaps from risk managementperspective.

• Self-motivated team player ownership accountability organizational/prioritization skills proactive ability to multitask ambitious independent.

  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. Were 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 committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group Inc. 2026. All rights reserved.

  Goldman Sachs is an equal employment/affirmative action employer