Job Description
JOB TITLE : Risk Division – Risk Review Group– Regulatory Obligations Review Group (RORG)- Associate- Bengaluru
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 186+, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. 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 people the flexibility and support they need to reach their goals in and outside the office.
RISK BUSINESS
The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
Regulatory Obligations Review Group (RORG)
RORG is an independent review group that provides continuous monitoring and assurance of the accuracy of the Regulatory Reporting Requirements. Its primary responsibility is to effectively challenge the rigor and accuracy of the firm’s and the Bank’s internal systems/processes supporting regulatory compliance. The independent verification process helps detect and identify potential issues with conformance with instructions and firm policies, data quality, and control effectiveness. Review of this information helps to identify process and reporting gaps, and will be the foundation for determining the examination activities to be conducted. RCRG serves to complement the firm’s other independent risk-management infrastructure and internal audit function.
Responsibilities
Develop an understanding of firm’s regulatory reporting requirements and controls supporting the reporting process and systems
Conduct independent reviews of the various regulatory reports filed by the Firm including verification of the regulatory instructions, data accuracy/ aggregation and reporting compliance
Provide effective challenge of stakeholder process(es) and outcomes
Liaise across relevant business, technology to prioritize risks, challenge decisions, assumptions and drive appropriate risk response
Develop and maintain effective and constructive stakeholder relationships
Raise action items and independently validate remediation plans
Skills / Expertise
Chartered Accountants/ CFA/ equivalent degree.
Articleship from audit firms with exposure in Financial Services sector is preferred.
Proactive, strong interpersonal, written and verbal communications skills
Attention to detail and possesses strong analytical & organizational skills
Able to operate in a fast-paced environment with high sense of urgency/ multi-tasking skills
Interest in developing a deep understanding of financial markets/ products and regulatory reporting landscape
Keen to learn, adopt new skills and identify and make improvements to systems and processes
Data analytical skills
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 186+, 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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Hiring Insights
Job activity
Posted Today
Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 186+, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. 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 people the flexibility and support they need to reach their goals in and outside the office.
RISK BUSINESS
The Risk Business identifies, monitors, evaluates, and manages the firm’s financial and non-financial risks in support of the firm’s Risk Appetite Statement and the firm’s strategic plan. Operating in a fast paced and dynamic environment and utilizing the best in class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
Regulatory Obligations Review Group (RORG)
RORG is an independent review group that provides continuous monitoring and assurance of the accuracy of the Regulatory Reporting Requirements. Its primary responsibility is to effectively challenge the rigor and accuracy of the firm’s and the Bank’s internal systems/processes supporting regulatory compliance. The independent verification process helps detect and identify potential issues with conformance with instructions and firm policies, data quality, and control effectiveness. Review of this information helps to identify process and reporting gaps, and will be the foundation for determining the examination activities to be conducted. RCRG serves to complement the firm’s other independent risk-management infrastructure and internal audit function.
Responsibilities
Develop an understanding of firm’s regulatory reporting requirements and controls supporting the reporting process and systems
Conduct independent reviews of the various regulatory reports filed by the Firm including verification of the regulatory instructions, data accuracy/ aggregation and reporting compliance
Provide effective challenge of stakeholder process(es) and outcomes
Liaise across relevant business, technology to prioritize risks, challenge decisions, assumptions and drive appropriate risk response
Develop and maintain effective and constructive stakeholder relationships
Raise action items and independently validate remediation plans
Skills / Expertise
Chartered Accountants/ CFA/ equivalent degree.
Articleship from audit firms with exposure in Financial Services sector is preferred.
Proactive, strong interpersonal, written and verbal communications skills
Attention to detail and possesses strong analytical & organizational skills
Able to operate in a fast-paced environment with high sense of urgency/ multi-tasking skills
Interest in developing a deep understanding of financial markets/ products and regulatory reporting landscape
Keen to learn, adopt new skills and identify and make improvements to systems and processes
Data analytical skills
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 186+, 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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Hiring Insights
Job activity
Posted Today
Goldman Sachs
💡 Quick Summary
Seeking a career-building opportunity? The Risk||Associate|Risk Governance position is now open for candidates interested in the MIS Executive 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 MIS Executive is a plus.
