Asset and Wealth Management Operations-Client Onboarding & Configuration-Senior Analyst-Bangalore

ASSET MANAGEMENT 

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are: 

• Investors, spanning traditional and alternative markets offering products and services 
• Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios 
• Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions 
• Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals 

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.

OUR IMPACT

The Asset & Wealth Management Division is made up of Goldman Sachs Asset Management (GSAM) and Private Wealth Management(PWM) and brings together Goldman Sachs’ primary long term principal investing capabilities with the traditional money managing arm of the firm to offer a full suite of world-class investment solutions to the firm’s clients. Institutional Oversight (IO) team sits within Client Operations and has primary responsibility for all aspects of Institutional account on-boarding, portfolio accounting, cash management, client reporting, and serves as the single point of contact for all Operations related client inquiries. These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. The group supports portfolio managers, sales and client relationship professionals by providing accurate and timely client account information and overseeing all aspects of operational risk across portfolios. This involves extensive interaction with internal and external parties to ensure effective oversight for existing business and also to shape and implement solutions for new clients, products, strategies, and system architecture. The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships.

YOUR IMPACT

We are looking for a professional who wants to use their skills and experience to help deliver on operations agenda while challenging themselves to further their career at Goldman Sachs.

JOB SUMMARY AND RESPONSIBILITIES

• Holistic ownership and understanding of Institutional client accounts from a GSAM Operations perspective by coordinating issues across all Operations teams and business partners, and act as a point of contact for GSAM Operations.
• Review account level metrics (i.e.. post reconciliation resolve daily cash & position exceptions against custodians, transfer agent, review client managed collaterals & external manager reconciliations etc.) as defined by operating standards and research, escalate, re-mediate exceptions as appropriate..
• Coordinate and manage tasks such as cash-flow bookings, security transfers, overdrafts to ensure cash balances, positions on client accounts are accurate to support trading activity.
• Monitor cash flows/transfer requests sent on behalf of clients and process within agreed SLA.
• Liaise with client’s appointed counter parties (custodian, transfer agents etc.) and respond to adhoc service requests and inquiries.
• Ensure accounting data accuracy(Cost reconciliations, current face true-ups) and provide accounting policy oversight in order to create controlled environment for investment management process. Proactively review indicators of operational issues/concerns with the goal of resolving such issues before client impact by working with internal and external stakeholders. .Ensure timely instruction of external manager fee payments, capital calls/distributions on a quarterly bas