Job Description

Who we are

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong, India and other major financial centers around the world.

Global Banking & Markets

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor. At Goldman Sachs, our culture is one of teamwork, innovation, and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our professionals the flexibility and support they need to reach their goals in and outside the office.

About FICC & Equities

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

Responsibilities And Qualifications

We are recruiting for a Bengaluru office-based Analyst/Associate (2-5 years experience) to join the Global Banking & Markets Operational Resilience team, within the Global Banking & Markets Public Operational Risk organization.
The Global Banking & Markets Operating Risk organization encompasses numerous functions including global management and oversight of Supervisory, Conduct and Operational Controls as well as divisional Technology and Operational Risk, and operational resilience. The organization spans 10 offices across the globe.
The Operational Resilience team is accountable for (1) pre-emptively identifying and mitigating threats to operating Resiliency Objectives that are established for Global Banking & Markets primary functions including Capital Markets, Banking, Operations and Engineering, and (2) preparedness for, and risk management of, incidents that may impact those objectives.
The successful hire will be responsible for driving initiatives to reduce risk and improve resiliency throughout the Global Banking & Markets front-to-back organization, ensuring effective recovery plans are in place and in compliance with the firm's overall resiliency strategies for effective continuity of operations in crisis events. In this capacity the successful hire will work closely with the Resilience Manager to drive strategic direction and implement business continuity plans for functions, facilities, systems, third-parties and people across the division.
The successful hire will develop an in-depth knowledge of Global Banking & Markets business flows and Global Banking & Markets operational risk and resiliency posture. Working closely with stakeholders across Global Banking & Markets , Engineering Infrastructure, Risk Management, Corporate Services teams, the new hire will coordinate and ensure the smooth execution of business operations during events such as a pandemic, cyber-attacks, natural calamities, market disruptions, etc. In addition, the new hire will work towards creation of metrics and business intelligence to improve the robustness of the program across APAC and India regions.

Your Responsibilities

Crisis Management: Serve as a critical member of the APAC & India GBM Public Crisis Management team, responsible for timely user notification during crisis events, advocating for user needs, and assisting with business recovery efforts.
Program Adoption: Drive the education, awareness, and adoption of the Operational Resilience and Risk program within the GBM division. This includes developing and delivering training modules and producing quarterly team newsletters to enhance understanding and engagement.
BCP Certification: Oversee the completeness and annual certification of all Business Continuity Plans (BCPs) for the region, ensuring alignment with business requirements and regulatory expectations.
Assurance Testing: Manage the annual completion of all Assurance Tests, ensuring that testing activities are comprehensive and effectively validate the operational resilience of critical business processes.
Divisional Assurance: Orchestrate divisional assurance activities, including tabletop exercises, simulations, drills, and training sessions. Drive these activities to completion, maintain thorough documentation in accordance with regulatory requirements, and identify areas for improvement.
Regulatory Adherence: Ensure strict adherence to Operational Resilience Guidelines published by regional regulators, including the Monetary Authority of Singapore (MAS) MAS Operational Resilience, Hong Kong Monetary Authority (HKMA) HKMA Supervisory Policy Manual, A-SIFMA (Asia Securities Industry & Financial Markets Association), the Australian Securities and Investments Commission (ASIC) ASIC Operational Resilience, the Financial Services Agency (FSA) FSA Japan, and other relevant regulatory bodies as required.
Project Management: Manage day-to-day tasks and contribute to projects designed to introduce or improve processes and tools that enhance the firm's risk management and recovery capabilities.
Risk Partnership: Collaborate closely with Operational Risk, Internal Audit, and other Risk partners to ensure that regulatory requirements are consistently met and that business activities align with the firm's overall resiliency strategy.
Business Advisory: Act as a trusted advisor to business divisions on matters related to business resilience, providing appropriate guidance, conducting business simulations, and delivering training on relevant tools and risk mitigation strategies.

Basic Qualifications

Skills and Experience We Are Looking For:

2-5 years of experience with strong analytical, interpersonal, problem solving, organizational and time management skills
Self-motivated with an ability to work on one's own with a strong sense of ownership and accountability
Level headed and composed even in difficult situations and exercises sound judgement
Highly organized, strong attention to detail and excellent follow-up skills
Excellent written and oral communication skills with an ability to summarize complicated information to people with less technical knowledge
The ability to develop and maintain good stakeholder relationships with colleagues and clients
Ambitions in the Data Analytics space – data warehousing, data mining, and dashboard development
Interest and aptitude for transforming data into information usable by the business (visualization, metric development, etc.)
Technical Qualifications (ideal not essential)
Knowledge on tools used to manage risk metrics and measurements, Tableau, Ignite Pad, Alteryx, design dashboard, data manipulation, etc.
Exposure to IT Resilience, Tech Risk, Cyber Security principles would be an added advantage.
Experience in managing Business Continuity Plans, and conducting assurances testing.

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. We're 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 GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Global Banking & Markets - NFR Public - Associate - Bengaluru