Tax Operations-New Bus & Tax Reg Compliance-Associate-Bengaluru

YOUR IMPACT

Do you have a deep subject matter expertise and a passion for risk management Were looking for a professional to join our First line Embedded Risk Management (ERM) team within the Global Banking and Markets (GBM) this role you would partner with front to back business units supporting our client franchise to manage and improve our operational risk profile. Your opportunity for high visibility impact includes analysing the key risks and controls managed by GBM applying risk management tools to monitor and communicate to the leadership group these risks associated remediation plans and sharing best practices to continuously improve risk management culture and the control environment.

OUR IMPACT

Global Banking and Markets (Public)
Our team of risk specialists is aligned with our Equities Prime and FICC front to back sales and trading groups to deliver an integrated approach to serving our global client franchise. The first line ERMemploys key components of the firm risk management framework to continuously measure and assess levels of risk for existing/new addition to being affiliated with specific product and/or functional areas first line ERMs partner with the second line Risk Division in order to improve consistency of risk measure and assessment practices.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Advise challenges informs the line teams on recommended ways to mitigate risk; reviews actions items to ensure that risk is being sufficiently addressed
• Acts as a culture carrier by embedding in the team or region; propagates a risk mind-set and awareness of Operational Risk amongst staff
• Identifies ways to share risk best practise across teams and functions and with other business lines where like processes exist/there is exposure to similar risk
• Run regular risk meetings to review exception landscape across your business units ask probing questions to establish potential market client and other risks which may be contained within our workflows
• Be comfortable leading co-ordination across teams during market events to manage information exchange and triage emerging risk
• Challenge the status quo challenge the risk and control framework to further enhance the control environment. Work outside business unit and Divisional boundaries to manage and improve the risk profile commercially
• 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 regional and functional Front Office Operations and Engineering groups to develop key risk indicators which can be used to monitor operational risk. 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.
• Risk & Control Self-Assessment (RCSA) work with business units in ensuring the quarterly RCSA risk and control review accurately reflects the current risk and control environment and quality of operational controls. During these reviews define thematic RCSA issues to help structure remediation plans regarding significant open risks or control deficiencies.

SKILLS & EXPERIENCE WERE LOOKING FOR
BASIC QUALIFICATIONS

This role requires an energetic self-starter that can liaise across Global Banking and Markets both regionally and understanding of the global markets franchise offered by the firm and experience within a risk management context are required. Strong interpersonal and analytical skills along with an interest in the broader control environment within financial services are essential to succeed in this role.

• Strong control mindset with a passion for risk management
• Excellent communication skills to clearly articulate issues and ideas with different levels across Global Banking and Markets 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. There is also opportunity within the role to learn and apply advanced analytics software to develop low code risk management solutions.
• 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.
• 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

PREFERRED QUALIFICATIONS

• Solid knowledge & experience in the Financial Industry.
• Practical experience in Sales and Trading Risk or Operations functions.
• Business Intelligence / Data Analytic skills

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet. The Goldman Sachs Group Inc. 2015. All rights reserved.