Logo of Huzzle

Home

Matches

Explore

Manage

Asset & Wealth Management - Wealth Management Risk - Analyst - Hyderabad

image

Goldman Sachs

3mo ago

  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Hyderabad, +1

AI generated summary

  • You need a bachelor’s in a related field, 1+ years in financial services or risk management, strong analytical skills, project management ability, and proficiency in Microsoft Office.
  • You will identify risks, develop controls, monitor reporting, conduct root cause analysis, and enhance processes while collaborating across teams to improve operational effectiveness.

Requirements

  • Bachelor's degree in Risk Management, Business, Finance or a related field
  • A minimum of 1+ years of experience in a role in financial services with operational risk exposure or audit or broader risk management
  • Exposure to financial services, operational risk, audit or risk management a plus
  • Ability to work independently and collaboratively in a fast-paced environment
  • Experience in risk analysis and management and/or an understanding of regulations and regulatory reform strongly preferred
  • Basic project management, analytical and research skills with a demonstrated ability to manage projects from inception through completion
  • Advanced analytical, critical thinking, problem solving, organizational and time management skills
  • Exceptional communication and interpersonal skills
  • Ability to work under pressure and manage tight deadlines or unexpected changes in expectations or requirements
  • Effectively manage multiple priorities and work autonomously
  • Good judgment and discretion
  • Experience building reports and presentations
  • Expert level proficiency in the Microsoft tool suite, including Excel, Word and PowerPoint

Responsibilities

  • Manage all aspects of issue identification, analysis, remediation and monitoring & reporting, including collaboration with issue owners, aggregation of issues across the business, and facilitation of executive reporting.
  • Proactively identify potential business risks, process deficiencies, and potential gaps/ weaknesses in risk management standards.
  • Develop process and controls environment (inventory and maps) across wealth management and consumer businesses
  • Lead process deep dives by reviewing process documentation (process maps, procedures, etc.) to document existing controls and identify control gaps
  • Innovate controls testing strategies, emphasizing operational risk management and long-term remediation measures
  • Partner with other business units and support teams to remediate issues and assist with implementation of corrective actions related to control failures and operational risk events
  • Develop executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.
  • Monitor progress and measure performance to identify areas for improvement.
  • Focus on continuous improvement and evolution to meet changing requirements to support maximum visibility to the executive audience.
  • Gather and synthesize data to perform root cause analysis and determine thematic trends related to issues identified by the business first, second and third lines of defense.
  • Collaborate with cross-functional teams to resolve operational inconsistencies and enhance controls testing processes.
  • Be a critical thinker: Thoughtful, self-aware, and use available evidence to make decisions.
  • Pro-actively seek out areas to add value

FAQs

What is the role of an Analyst in the Wealth Management Risk Team?

The Analyst in the Wealth Management Risk Team focuses on operational risk, business process transformation, and issues management, with responsibilities including issue identification, analysis, remediation, and reporting.

What qualifications are needed for this position?

A bachelor's degree in Risk Management, Business, Finance, or a related field is required, along with a minimum of 1+ years of experience in financial services with operational risk exposure or broader risk management.

What skills are important for this role?

Important skills include advanced analytical and critical thinking abilities, exceptional communication skills, project management skills, and proficiency in the Microsoft tool suite (Excel, Word, PowerPoint).

Is prior experience in risk analysis and management preferred?

Yes, experience in risk analysis and management, as well as an understanding of regulations and regulatory reform, is strongly preferred for this role.

How does the team interact with other business units?

The Wealth Management Risk Team collaborates with other business units and support teams to remediate issues and assist with the implementation of corrective actions related to control failures and operational risk events.

What opportunities does this role offer for professional growth?

The role provides exposure to senior managers, fosters expertise in risk identification and management, and encourages continuous improvement and evolution in practices.

Is there a specific reporting structure for the Analyst position?

The Analyst will be involved in developing executive reporting and other data-driven deliverables, requiring them to focus on providing precise and timely information to an executive audience.

Does Goldman Sachs offer diversity and inclusion initiatives?

Yes, Goldman Sachs is committed to fostering and advancing diversity and inclusion in the workplace, offering opportunities for professional and personal growth through various programs and initiatives.

What is the work environment like for this role?

The work environment is fast-paced, requiring attention to detail, strong communication skills, and the ability to manage multiple priorities effectively while working independently and collaboratively.

image

Goldman Sachs

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.