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Asset & Wealth Management Operations - Portfolio Control Acctg Rec - Analyst - Bengaluru

  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance

AI generated summary

  • You need a degree and 1+ years in financial services, strong analytical and communication skills, attention to detail, team collaboration, and preferably fund/NAV experience.
  • You will manage daily processes, mitigate risks, enhance efficiency, support portfolio managers, and collaborate with teams for issue resolution and process improvements.

Requirements

  • Bachelors/Master’s degree with work experience in financial services of 1+ years.
  • Positive attitude and eagerness to learn
  • Strong numerical, analytical, technical and problem solving skills. Project management skills would be a value add
  • Demonstrates excellent people and process skills
  • Strong communication skills both verbal and written. Ability to create influence and impact
  • Demonstrate willingness to deep dive into an issue or problem to establish and address root cause. Attention to detail and interest in problem solving
  • Proven ability to effectively manage competing priorities and to work well under pressure in a team environment
  • Demonstrate strong team player skills. Effectively collaborate with others both regionally and globally
  • Lead by example to challenge status quo and look for innovative/creative ways to improve current processes and procedures
  • Fund/ NAV experience would be an advantage
  • Knowledge of fund products (i.e., mutual funds and alternative investment funds) and regulatory environments would be beneficial

Responsibilities

  • Effectively execute and manage the daily processes and activities.
  • Identify and mitigate risk appropriately. Ensure accuracy and high quality of work while escalating outstanding exceptions/issues to relevant stakeholders
  • Coverage and oversight of custodian and fund administrators to maximize potential value delivery across the firm
  • Develop an understanding of inter connectivity between teams and functions. Ensure processes and systems are continuously reviewed and improved
  • Achieve results within the team that adhere to expectations around timeliness, quality and cost effectiveness
  • Partner with stakeholders from various teams and regions including our Sales/trading, Technology and Compliance groups for issue resolution and process improvement
  • Identify and lead on efficiency opportunities within the team, support regulatory changes, as well as new client and business requirements
  • Participate/ lead the implementation of organization wide initiatives and projects in order to meet set goals
  • Develop knowledge of industry trends, competitive landscape and capabilities to facilitate business, increase efficiencies, improve controls and enhance client experience
  • Supporting Portfolio Managers, Fund Boards, and Controllers by providing accurate and timely fund account information and overseeing all aspects of support of each pooled vehicle
  • Provide superior client service and front to back oversight for GSAM’s pooled vehicle complex
  • Ability to operate independently and effectively drive multiple initiatives
  • Detail oriented with the ability to quickly identify and learn pertinent information across wide range of products

FAQs

What qualifications are required for this position?

A Bachelor's or Master's degree with at least 1 year of work experience in financial services is required.

Is prior experience in fund/NAV management necessary for this role?

While not mandatory, having fund/NAV experience would be an advantage.

What skills are emphasized for success in this role?

Strong numerical, analytical, technical, and problem-solving skills, along with excellent communication and people skills, are emphasized.

Will there be opportunities for career growth in this position?

Yes, the role encourages professionals to challenge themselves and further their careers at Goldman Sachs.

Are there any specific industry knowledge areas beneficial for this role?

Knowledge of fund products (such as mutual funds and alternative investment funds) and the regulatory environment would be beneficial.

What is the primary responsibility of the Portfolio Control Reconciliations team?

The team is primarily responsible for ensuring the accuracy of GSAM's and Risk counterparts' books of accounting.

Does this role involve working with both internal and external parties?

Yes, extensive interaction with internal and external parties is required for effective oversight and managing client relationships.

How does this position contribute to client service?

The role supports Portfolio Managers and ensures the delivery of accurate and timely fund account information for superior client service.

Is project management experience valuable for this role?

Yes, project management skills would be considered a valuable addition to the required qualifications.

What type of work environment should I expect?

You can expect a dynamic team environment that values collaboration, integrity, and a focus on long-term performance.

Finance
Industry
10,001+
Employees
1869
Founded Year

Mission & Purpose

Goldman Sachs is a global investment banking, securities, and investment management firm. They offer a range of financial services to corporations, financial institutions, governments, and individuals. Goldman Sachs' primary activities include investment banking, asset management, securities trading, and providing advisory services. Their ultimate mission is to be a leading global financial institution, providing superior financial expertise and solutions to their clients. The purpose of Goldman Sachs is to help their clients achieve their financial goals, manage risk, and navigate complex markets. They aim to drive economic growth, foster innovation, and create long-term value for their clients, shareholders, and the communities they operate in. Goldman Sachs is committed to upholding the highest standards of integrity, professionalism, and client service, serving as a trusted partner and advisor in the world of finance.

Culture & Values

  • Partnership

    We prioritize collaboration and believe in the strength of the collective, creating a culture that fosters teamwork and belonging in the pursuit of professional and personal growth.

  • Client Service

    We lead with a service mindset, working to earn our clients’ trust and exceed their expectations by understanding and overdelivering on their goals.

  • Integrity

    We hold ourselves accountable to the highest ethical standards, insisting on transparency and vigilance from our people as we learn from our experiences and make decisions that instill a sense of pride in our firm.

  • Excellence

    We aspire to nothing less than excellence, striving for exceptional performance and superior results for our clients, our shareholders, and our communities.

Benefits

  • Holiday and Vacation Policies

    We offer competitive vacation policies based on employee level and office location. This is in addition to any number of statutory and public holidays as determined by each office. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

  • Financial Wellness & Retirement

    The firm provides a number of resources and offerings designed to help our employees achieve their personal financial goals. We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities — from buying a home, to navigating market volatility and investments, legacy and estate planning, tax strategies, and will preparation.

  • Health Services

    We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

  • Childcare / Family Care

    In some offices, we offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

  • Flexible Working

    Based on manager approval, the following arrangements may be available to help employees meet their personal and family responsibilities: part-time schedules, job sharing, telecommuting, and alternate hours.