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Global Banking & Markets -FCO Franchise-Analyst-Bengaluru

Goldman Sachs · Posted Oct 29

Investment banking, securities, asset management, and wealth management services

Bengaluru, Karnataka, IndiaFull-timeOnsiteIntern/New Grad₹15.0L–₹25.0L yearly<25 applicants
Investment BankingFinancial ServicesAsset ManagementWealth ManagementCapital MarketsPublic Company
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About the role

Global Banking & Markets makes markets in and clears client transactions on major stock, options and futures exchanges worldwide, maintaining client relationships through a global sales force. The Fees & Commissions team manages income, fee and interest charges for client and house businesses, using data analytics and tools such as Alteryx, Tableau and SQL to support rate maintenance, charge validations, reconciliations, adjustments, payments and cost allocations across millions of trades a day. This Analyst role works with exchanges, finance and technology teams to monitor futures/listed derivative fees and commissions, improve process workflows, execute projects and deliver client query support.

What you will do

  • 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 used in this role

What the employer is looking for

  • Bachelor's degree
  • 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.

Benefits and support

  • Compensation and benefits are detailed in the job posting

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management, and consumer banking to a diverse client base. Established in 1869 and headquartered in New York City, the firm serves corporations, financial institutions, governments, and high-net-worth individuals worldwide.

Industry
Investment Banking
Company size
47400+ employees
Founded
1869
Location
New York, New York, USA
Funding stage
Public Company
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