Global Banking and Market Operations - FCO Analytics - Associate - Hyderabad

Goldman Sachs; Gandhinagar; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Health and welfare programs

Generous vacation policy

Financial wellness & retirement

Job summary

Goldman Sachs is recruiting for an Associate in the Global Banking & Markets division, Hyderabad. The role involves working with exchanges, finance teams, technology teams, and other partners to solve complex problems, improve processes, manage trade life cycles, and ensure accurate fee and interest charges.

You will leverage data analytics tools to drive insights and support senior stakeholders. The team focuses on rate maintenance, charge validations, reconciliations, and process improvements

Qualifications

• Bachelor’s degree with 4+ years of experience.
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Skills

Client service

Stakeholder management

Problem solving

Attention to detail

MS Excel

Data analysis

SQL

Tableau

Alteryx

Financial risk awareness

Education

Bachelor’s degree

Tools

SQL

Tableau

Alteryx

Job description

Global Banking and Market Operations - FCO Analytics - Associate - Hyderabad location_on Hyderabad, Telangana, India

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

YOUR-IMPACT

Are you looking to for an opportunity to be part of a team that works directly with exchanges, finance teams, technology teams, and other business partners to solve complex problems and influence change? Fees and Commission is seeking a professional who is looking for an opportunity to develop a variety of soft and hard skills, contribute to and influence business improvements, apply financial and risk management skills, solve complex problems, and deliver excellent client service. You can be an innovator as a business specialist, developing and executing solutions to increase business profitability and strengthen client relationships.

OUR-IMPACT

Fees & Commissions the Fees and Commissions team manages income, fee and interest charges for the client and house businesses. The team impacts the success of millions of trades a day and uses data-based decision making to influence strategic business decisions. Adapting to changing client and business needs and accurate management of charges is critical to the profitability of our organization. Team responsibilities include rate maintenance, charge validations, reconciliations, adjustments, payments, cost allocations, system developments, regulatory updates, strategic projects, and business query support. We use data analytics and tools such as Alteryx, Tableau and SQL to make data-driven decisions and suggestions.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Enhance and improve our processes and functions by developing a deeper understanding of the function and becoming a technical expert.
• Collaborate with our technology and business partners as well as external contacts to improve strategic process workflows.
• Provide timely client or business query support.
• Use your inquisitive mindset to identify control weaknesses and recommend robust solutions.
• Monitor Futures/listed derivative fees, commission or interest related functions for clients and house businesses.
• Maintain accurate commission, interest, and fee rates for clients in all firm systems.
• Ensure accurate collection and payment for millions of trades a day.
• Monitor and approve functions that span the life cycle of a trade such as validations, configurations, adjustments, reconciliations, invoices, and payments.
• Align team expectations and oversee gaps around all phases of the trade and billing life cycle.
• Act as a technical expert to enhance firm's processes, identify control weaknesses, recommend robust solutions, in collaboration with direct team, internal and external technology and business partners.
• Regularly assess client, business and regulatory needs and identify change required.
• Plan and execute projects to increase firm profitability and adhere to any new compliance guidance.
• Develop readiness plan and associated change management strategies for new functionality upgrades on the back of business, regulatory or system upgrades.
• Partner with Business Intelligence team to develop capabilities for new process that would identify and mitigate risk derived from the correlation of quantitative and qualitative data.
• Define project scope and required resources; set objectives and milestones; measure outcomes and their impact.
• Highlight project bottlenecks and propose feasible solutions.
• Collect, interpret, and condense large amount of complex data, and present meaningful actionable insights to senior level stakeholders.
• Translate project business requirements for technical and non-technical stakeholders.

SKILLS AND EXPERIENCE WE'RE LOOKING FOR

• Bachelor’s degree with 4+ years of experience.
• Self-motivated and proactive team player who takes ownership and demonstrates accountability, has strong organizational skills as well as the ability to effectively manage competing priorities.
• Proactive, enthusiastic approach with very high attention to detail
• Highly collaborative, flexible, and team-focused with ability to interact effectively with a wide range of stakeholders.
• Translating project business requirements for technical and non-technical stakeholders.
• Effective problem solving and critical thinking skills along with the ability to use discretion and good judgment.
• Excellent Client Service skills with ability to communicate complex issues to individuals with varying levels of product expertise.
• Competency with MS Suite, especially Excel and the ability to learn multiple programs quickly.
• Data ingestion, data transformation and harmonization, data processing, data provision, data modeling, and data access.
• Financial and risk management experience including compliance risk (ex – data management, charge accuracy), security risk (ex – client data security and confidentiality), and operational risks (ex – human error, process flaws, data maintenance)
• End-to-end successful execution of complex projects including roadmap execution, budgeting, and resource allocation.
• Identifying process-flow bottlenecks, providing escalation management, anticipating/making trade-offs, and balancing business needs within pre-existing constraints.
• Collecting, interpreting, and condensing large amount of complex data, and presenting meaningful actionable insights to senior level stakeholders.
• Managing mid to long term projects (6 months to 3+ years) including project documentation, evaluation, and review.
• Adaptable to changing business needs.
• Ability to learn quickly with high desire for large responsibility.
• Strong organizational skills and ability to effectively manage competing priorities.

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. 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

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.

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.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

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.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.