Job Description
INVESTMENT BANKING
Our division works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, we handle projects that help clients at major milestones. We work with corporations, pension funds, financial sponsors, and governments and are team of strong analytical thinkers, who have a passion for producing out-of-the-box ideas.
Transaction Banking
Transaction Banking (“TxB”) facilitates the storage and movement of value globally. As a strategic priority for Goldman Sachs, we are building a modern and digital-first solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients to succeed by giving them a holistic view of their business. Through the use of modern technology built on the cloud, we are the alternative to legacy platforms. We’re a team of diverse experts helping our clients to build the future of their Treasury.
The Role
The Controls Testing analyst will be a member of TxB’s Risk Management team, which oversees all risks across TxB globally. Potential candidates will have a bird’s eye view of an exciting new business and the opportunity to work closely with TxB and GS firmwide teams. They will have a view of all TxB products, new business initiatives, go-to-market strategies, regulatory environment and the full spectrum of associated business risks and controls.
The Controls Testing Analyst will work closely with the Associates and the rest of the team in to support the below areas of responsibilities:
• Understand the life cycle of TxB client deals and risk exposure
• Work in collaboration with multiple stakeholders to facilitate discussions to identify and mapping of processes, risks associated, design and testing of controls
• Experience in designing controls, writing risk description, preparing working papers, reports and help standing up the overall controls program
• Assist stakeholders in identifying and addressing underlying causes of control breakdowns or instances where controls are inadequate
• Produce working papers, process flows and performance of controls testing
• Prioritization of risk-based approach and ongoing updates to our methodology
• Project management on the status, issues tracking, documentation, and documentation of ongoing review with the management team
• Escalate potential issues and exception items noted during the review process to senior management
• Experience in writing procedural documents
• Experience in SoC testing is an asset
• Experience is functional areas testing such as AML, KYC, Financial Crime, Payments
• Experience in creating testing calendars, ongoing reporting, and management dashboards
• Ability to drive critical thinking for continuous improvements
Basic Qualifications
• Prior 2-4 years’ experience in risk management
• Strong control mindset:
Our division works on some of the most complex financial challenges and transactions in the market today. Whether advising on a merger, providing financial solutions for an acquisition, or structuring an initial public offering, we handle projects that help clients at major milestones. We work with corporations, pension funds, financial sponsors, and governments and are team of strong analytical thinkers, who have a passion for producing out-of-the-box ideas.
Transaction Banking
Transaction Banking (“TxB”) facilitates the storage and movement of value globally. As a strategic priority for Goldman Sachs, we are building a modern and digital-first solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients to succeed by giving them a holistic view of their business. Through the use of modern technology built on the cloud, we are the alternative to legacy platforms. We’re a team of diverse experts helping our clients to build the future of their Treasury.
The Role
The Controls Testing analyst will be a member of TxB’s Risk Management team, which oversees all risks across TxB globally. Potential candidates will have a bird’s eye view of an exciting new business and the opportunity to work closely with TxB and GS firmwide teams. They will have a view of all TxB products, new business initiatives, go-to-market strategies, regulatory environment and the full spectrum of associated business risks and controls.
The Controls Testing Analyst will work closely with the Associates and the rest of the team in to support the below areas of responsibilities:
• Understand the life cycle of TxB client deals and risk exposure
• Work in collaboration with multiple stakeholders to facilitate discussions to identify and mapping of processes, risks associated, design and testing of controls
• Experience in designing controls, writing risk description, preparing working papers, reports and help standing up the overall controls program
• Assist stakeholders in identifying and addressing underlying causes of control breakdowns or instances where controls are inadequate
• Produce working papers, process flows and performance of controls testing
• Prioritization of risk-based approach and ongoing updates to our methodology
• Project management on the status, issues tracking, documentation, and documentation of ongoing review with the management team
• Escalate potential issues and exception items noted during the review process to senior management
• Experience in writing procedural documents
• Experience in SoC testing is an asset
• Experience is functional areas testing such as AML, KYC, Financial Crime, Payments
• Experience in creating testing calendars, ongoing reporting, and management dashboards
• Ability to drive critical thinking for continuous improvements
Basic Qualifications
• Prior 2-4 years’ experience in risk management
• Strong control mindset:
💡 Quick Summary
Seeking a career-building opportunity? The Investment Banking Division|BENGALURU|Analyst|Risk position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.