Global Banking & Markets Operations - Loan Data Quality - Associate - Bengaluru
Bengaluru, Karnataka, India
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Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.GLOBAL BANKING & MARKETS
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.
OPERATIONS
Operations is a dynamic, multi-faceted function that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.
YOUR IMPACT
Operations is a dynamic, multi-faceted function that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, 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
Our team (Loan Data Quality) is responsible for capturing Critical Reference Data for Corporate Loans from loan documents. The team reviews and interprets reference data from various Loan agreements and updates the firms risk management system. The team is also involved in various aspects of Regulatory Reporting by working closely with Controllers, Credit, Reg Reporting Teams and technology. Loan Operations supports the Credit Sales & Trading desk by working with Client, Sales/Trading desks and other stakeholders to manage front-to-back trade lifecycle. Teams monitor and control operational risk throughout the trade processing life cycle, closely reviewing reference data, trade documents, settlement & cash. The team collaborates with our technology & business partners to enhances systems & workflows.
JOB SUMMARY AND RESPONSBILITIES
• Prepare to gain a comprehensive understanding of the loan product lifecycle by interacting with Legal, Controllers, Credit, Reg Reporting Teams and compliance in addition to external loan agents in order to work toward the shared goal of risk mitigation
• Showcase your attention to detail by ensuring all bespoke deal attributes are accurately captured
• Use your inquisitive mind set to identify bespoke non-standard terms
• Leverage your quantitative skills to interpret complex loan restructures and ensure bookings are compliant with internal and external regulations
• Grow with the team; develop a deeper understanding of complex transactions and work with our business partners to progress our trade capture capabilities
BASIC QUALIFICATIONS
• Bachelor’s degree with a minimum of four years of experience in financial services
• Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
• Aptitude for building relationships and ability to communicate complex issues to a wide array of internal and external clients with differing levels of product experience
PREFFERED QUALIFICATIONS
• Knowledge of MS Office applications
• Experience in Wholesale/Corporate Loans
• Aptitude for dealing with complex issues and communicating them to various stakeholders
ABOUT GOLDMAN SACHS
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., 2024. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Banking Data quality Finance Research
Perks/benefits: Equity / stock options Wellness
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