Asset & Wealth Management Operations PWM Margin Lending Associate Bengaluru

WEALTH MANAGEMENT

Across Wealth Management Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning investment management banking and comprehensive advice 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 consumer business provides digital solutions for customers to better spend borrow invest and save. Across Wealth Management our growth is driven by a relentless focus on our people our clients and customers and leading-edge technology data and design.

OPERATIONS

Operations 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 Operations provides essential risk management and control to preserve and enhance the firms assets and its reputation. For every trade executed every new product launched or market entered every transaction completed it is Operations that develops the processes and controls that makes business flow.

OUR IMPACT

PWM Margin Lending as part of the global Strategy and Transformation organization within Asset and Wealth Management Operations is responsible for margin risk monitoring supporting the Private Wealth Management (PWM) business. The team seeks an experienced associate. The successful candidate will work within a team focusing on monitoring margin exposure for the related accounts. The Margin Lending group focuses on a combination of day to day operational functions and value added projects and initiatives. From an early stage we develop and expect our analysts to think creatively and outside the box as well as improving the daily process and taking responsibility and ownership for this to happen. We promote cross training and ensure our Associates develop a broad level of understanding across the varied departmental functions carried out. You can expect to be given early responsibility and in return you will be expected to contribute your own ideas to make a difference and add value to the group. The role will involve close interaction with other areas of the bank including Credit Risk and Sales therefore requiring strong communication and interpersonal skills.

JOB SUMMARY AND RESPONSBILITIES

The principal responsibilities include:

• Calculation and issuance of margin calls for PWM clientele
• Validating and ensuring all margin calls are issued on a timely basis.
• Responding to all incoming queries and interacting with many different areas of the bank in particular with Risk Credit and Technology
• Proactively working on enhancing the teams process and controls.
• Resolution and escalation of all client disputes and queries.
• Project and initiative management and participation within the team and across all regions

BASIC QUALIFICATIONS

• Strong organizational and multi-tasking skills to balance competing priorities and meet deadlines.
• Exceptional understanding of products risks controls and escalations process across Operations.
• Excellent problem-solving skills; comfort dealing with large datasets and strong numerical aptitude.
• Motivated enthusiastic and career focused. Strong motivation to succeed both as an individual and as a team.
• Desire for continued improvement and new challenges both on a business and personal level.
• Excel skills an advantage.
• Excellent communication and interpersonal skills with a strong appreciation of client service.
• Bachelors Degree Required.

PREFERED QUALIFICATIONS

• Good working knowledge of product flows and systems including OTC derivatives and intercompany processes.
• Prior experience with the Margin Lending business systems flows products and client base.