Job Description

The Goldman Sachs Returnship Program 

At Goldman Sachs, we value diverse perspectives and experiences.

The Goldman Sachs Returnship® program is specifically designed for women who have left the workforce for two or more years and are ready to restart their careers.

This paid, 12-week program offers opportunities in a variety of divisions and the chance to experience the vast network of resources at Goldman Sachs.

In the same way that an internship offers a guided period of exploration, a “Returnship” provides individuals with an opportunity to sharpen their skills in a work environment that may have changed significantly since their last experience as an employee. It also gives participants the ability to explore a new area of expertise and learn new skills.

Whether it leads to a full-time career, or serves to sharpen the skills necessary to take the next step, the Goldman Sachs Returnship Program is a valuable experience for anyone who’s ready to re-enter the workforce.

Roles open for this year's Returnship Program are:

1)  Asset & Wealth Management- Client Ops

Your Impact

Are you interested in being the first line of defense against money laundering? Our Client Due Diligence team is looking for a professional to play a key role in safeguarding the Firm’s reputation. By verifying the identity of our clients, our team helps prevent identity theft, financial fraud, money laundering and terrorist financing. 

Our Impact

Rolling Review – client due diligence team sits within Enterprise Operations and has primary responsibility for periodic refresh of client information in accordance with Anti money laundering (AML) controls. This Anti-Money Laundering function forms an integral part of our business by working to identify solutions that balance the business, client and regulatory needs. These functions cover a wide range of clients including mutual funds clients, Institutional and alternative investments’ clients across various jurisdictions like EMEA, US and Asia. The group supports Compliance, Fund Boards, Sales and Client relationship professionals by providing accurate and periodically refreshed client information in line applicable regulations. The group continues to focus on best in-class client experience and working closely with the business to maintain and enhance client relationships.

Basic Qualifications

• Bachelor’s degree required 
• 2 to 4 years of professional experience within AML operations

2) Asset & Wealth Management- Investment Ops

Your Impact

Are you looking to expand your understanding of financial products and be well versed on the life cycle of a trade? Our Trade Management team is seeking a professional who is looking to collaborate with traders, portfolio managers and external counterparties to ensure all trades are communicated, confirmed, and settled to safeguard our clients and funds.

Our Impact

Goldman Sachs Asset Management (GSAM) is the investment management arm of the firm. As a leading player in the asset management world, GSAM makes pioneering industry improvements a priority across all of its sectors. The Trade Management team has primary responsibility of mitigating risk throughout all aspects of trade flow, settlement, and collateral management.

Basic Qualifications

• Bachelor’s degree required 
• 1 to 4 years of relevant professional experience 
• Knowledge of financial products, trade lifecycle

3) Asset & Wealth Management- RFP

Goldman Sachs Asset Management (GSAM) delivers innovative investment solutions through a global, multi- product platform that offers clients the advantages that come with working with a large firm, while maintaining the benefits of a boutique. GSAM is one of the pre-eminent investment management organizations globally. Critical to the success of GSAM is our ability to leverage a global team of talented professionals to define solutions and lead change across the operational infrastructure.

GSAM is seeking to add a highly motivated professional to its Centralized RFP team. This team is primarily focused on the coordination and completion of Request for Proposals (“RFPs”) and Due Diligence Questionnaires (“DDQs”) from prospective as well as existing clients. The Centralized RFP team will work closely with professionals across GSAM’s Client Portfolio Management teams (Fixed Income, Quantitative Investment Strategies and Fundamental Equity) and various sales channels to communicate information regarding the firm, product offerings, investment philosophy, and product-specific information to the client via RFPs and DDQs. The RFP Specialists team is responsible for communicating the investment team’s investment philosophy, process, product positioning and current market trends to clients and each of IMD’s key distribution channels globally.

Basic Qualifications

• Bachelor’s/ Master’s Degree (Preferred: Master’s degree of Finance, Economics, Business or Commerce)
• 4 to 10 years of relevant professional experience

4) Asset & Wealth Management- Investment Guidelines

Your Impact

Are you looking to apply your client service and analytical skills while deepening your understanding of asset management? Our Trade Management team is seeking a professional who is looking to partner with our diversified Asset Management Portfolio Managers and global business counterparts to provide best in-class client experience to define solutions and lead change across the operational infrastructure.

You will be responsible for performing daily surveillance on some of the business strategies we support to ensure GSAM’s compliance with client and regulatory guidelines. The ideal candidate will be exposed to a number of different strategies including fixed income, quantitative equity, fundamental equity and global portfolio solutions, across a multitude of financial instruments. The candidate will be expected to learn quickly and add value in understanding and clearing any guideline breaches with the respective trading, portfolio manager, and compliance teams.

Our Impact

The Guideline Management team sits within Trade Management operations which has primary responsibility of coding investment guidelines into compliance monitoring systems and providing pre-trade & post-trade oversight . These functions cover a wide range of clients and a complex product range, which include equities, fixed income, currency and derivatives. This involves extensive interaction with traders, portfolio managers and client relationship managers to ensure effective oversight for existing business and also to shape and implement monitoring related solutions for new clients, products, strategies, and system architecture.

Basic Qualifications

• Bachelor’s degree
• 4 to 8 years of relevant professional experience
• Knowledge of operational aspects of trade management or guideline monitoring systems

5) Asset & Wealth Management- XIG Ops

Your Impact

The Associate will be responsible to support the Private equity business within GSAM infrastructure and ensuring transaction data accuracy in internal operations systems. The ideal candidate will be exposed to several different strategies across a complex product within Alternative strategies. The candidate will be expected to learn quickly and add value in understanding the front to back support for private equity business i.e., onboarding, on-going support, reporting and reconciliations.

Our Impact

The External Investment Group (XIG) Group provides investors with investment and advisory solutions, across leading hedge fund managers, private equity funds, real estate managers, and traditional long-only managers.

The XIG Operations team supports the XIG desk and has responsibility for various aspects of portfolio accounting, liquidity, credit facility management, foreign currency transactions, payments, and serves as the single point of contact for all business-related inquiries. These functions cover a wide range of clients and a complex product range, which include equities, money markets, currency, leveraged financing, asset backed loans, and derivatives.

Basic Qualifications

• Qualified M.Com/B.Com with experience in the alternative investment/private funds’ market and process management desired
• 4 to 8 years of relevant professional experience
• Good Private equity / accounting knowledge as well as MS Office knowledge (Word, Excel) required
• Good knowledge of financial statements preparation & review; USGAAP and IFRS knowledge

6) Asset & Wealth Management- Enterprise Ops – Client Revenue Ops

Your Impact

Are you looking for a new challenge in a dynamic, international environment in Asset Management? Do you have excellent communication skills and an interest in a broad range of responsibilities? We’re looking for a professional to join the Client Revenue Operations (CRO).

 

Our Impact

Client Revenue Operations (CRO) is an integral part of the GSAM funds and separate accounts business. CRO covers a range of revenue related activities that allows team members to interact with multiple internal and external teams, vendors, and industry experts. This role will allow one to gain exposure to the workings of the GSAM business, as well as detailed understanding of Client Revenue Operations. CRO is responsible for all revenue related activities including different types of fees receivables and payables within GSAM Funds and Institutional Separate account business.

Basic Qualifications

• Bachelor's degree in finance, accounting, or a related field
• 4 to 8 years of relevant professional experience
• Strong knowledge of financial instruments, investment products, and industry regulations

7) Global Markets – Client Regulatory Outreach

Your Impact

Are you looking to leverage your knowledge and experience with risk management and client engagement while gaining detailed insights into some of the most substantial regulatory change facing our firm, our clients, and our industry in years? The Client Experience Operations is seeking a professional to optimize how the firm identifies, engages, and influences its clients through regulatory change, while developing the best practices and infrastructure to effectively manage through future periods of significant change.

Our Impact

The Client Experience Operations team serves as a single point of contact for clients of the firm across the Global Markets business and all regions. The team oversees the strategy and execution of our front to back client experience, partnering with our clients and internal teams to deliver outstanding operational service. A group within Client Experience Operations, the ‘Client Regulatory Outreach’ team has placed the client at the forefront of industry change, while working across divisions and regions to develop and execute a strategy for engaging with our clients while they navigate the increasingly complex landscape of regulatory change. We work closely with Technology, Legal, Credit Risk, Compliance, and Business Leadership.

Basic Qualifications

• Bachelor's degree
• 6+ years of relevant professional experience

8) Global Markets – Credit Operations

Your Impact

Credit Derivative Operations is seeking a professional with strong communication skills and the ability to work in a fast-paced environment and an opportunity to work with front to back Credit teams to manage daily risk and operational controls.

Our Impact

Credit Derivatives Operations sits within Global Market Operations. The team manages life cycle events, post execution issues, trade clearing, trade confirmation and settlement functions. The products mix spans across CDS, Bond, Mortgage, and Structured Businesses. The team acts in partnership with a wide variety of groups across the firm globally with daily interaction with the wider Operations, Trading and Technology teams. Operations are heavily involved in new product initiatives, process improvement to streamline our support model and market initiatives that are taking place across the OTC derivative market. 

Basic Qualifications

• Bachelor's degree
• 4 to 8 years of relevant professional experience

9) Asset & Wealth Management- MAS

Multi Asset Solutions (MAS) is a multi-asset class investing group that sits within the Asset & Wealth Management Division at Goldman Sachs. It designs and helps in developing comprehensive investment solutions customized to meet the investment objectives and relevant constraints of clients. Core responsibilities of the role will include:

• Project Management: Oversee key strategic projects to deliver scale and efficiency to the trading desk. Work with tech/strats and other divisional functions on trade related initiatives.
• Trading Oversight: Partner with portfolio managers to reconcile cash and position discrepancies in portfolios.  Monitoring overdraft report and look to identify recurring issues to correct the root cause.
• Client Onboarding: Liaison between portfolio managers and divisional teams to onboard new clients. Validate account set-ups and manage outreach for trading terms and wire instructions with external counterparties.
• Multi-task between portfolio management support, divisional initiatives, and leading projects.

Basic Qualifications

• Bachelor's degree
• 2 to 10 years of relevant professional experience
• Prior work experience in finance or financial qualifications (such as CFA) preferred

10) Global Markets – GMOR

Your Impact

Do you have a deep subject matter expertise and a passion for risk management? We’re looking for a professional to join our First line Risk Management team within the Global Banking and Markets (GBM) Division. In this role, you would partner with front to back business units supporting our client franchise to manage and improve our operational risk & resilience, particularly related to Third-Party Risk Profile. Your opportunity for high visibility impact includes analyzing the key risks and controls managed by GBM, applying risk management tools to monitor and communicate to the leadership group on these risks, associated remediation plans, and sharing best practices to continuously improve Risk management culture and the control environment.

Our Impact

The GBM Third Party Risk Management & Strategy team within GBM oversees the control framework and guides GS managers implement oversight on a broad spectrum of processes managed by Third Parties. The Risk Control position in GBM Third Party Risk Management & Strategy team provides an opportunity for a dynamic and risk-aware individual to take part in shaping GBM’s Third Party control framework related to a broad spectrum of firm policies and processes. The role is part of a team responsible for overseeing aspects of Risk Management, Policy Implementation, Quality Assurance, Audit facilitation and relative analytics for the GBM teams. The successful candidate will be able to exercise independent judgment, discretion, and decision-making.

Basic Qualifications

• Bachelor's degree
• 4 to 8 years relevant risk and governance experience in a business / Non-Financial Risk management/Third Party Risk Management within Financial industry pertaining to vendor services/ applications and trading platforms
• Hands on experience in conducting QA/ Internal Audits/Regulatory Exams/SOX certifications related to Third party vendors of business functions/process

11) Financial Planning & Analysis – Chartered Accountant

This role in Financial Planning & Analysis (FPA) is to provide financial control, analysis & management of firmwide expenses along with month-end accounting & reporting. In the department, our professionals ensure commercial analysis, planning, accounting, reporting, governance & control of global business lines. The broad range of responsibilities offer the candidates an opportunity to work in and understand our businesses closely, with training, broad exposure, and access to a first-class network for career advancement. Individual will engage with stakeholders/professionals across the globe.

• Support on the monthly/ Quarterly accounting & control processes of expense & balance sheet accounts along with analysis to explain expense trends / tracking against budget.
• Preparing the detailed working to help conduct quarterly substantiation of asset and liability accounts.
• Analyze & audit expense in line with firmwide policies.
• Consolidate inputs and translate business assumptions to quantify financial impact.
• Assist with IT developments to facilitate process automation improvements.
• Support/Assist in efficiency / automation related projects

Basic Qualifications

• Bachelor's degree
• 2 to 8 years of relevant professional experience

12) Office of the Chief Administrative Officer – BI Specialist

This role is part of the first line of defense Operational Risk & Resilience (ORR) team within the Office of the Chief Administrative Officer or OCAO. You will be part of a dedicated team whose focus is to strengthen the firm’s infrastructure to support the effective management of first line operational risk and resilience across the firm’s business services, including enhancing our risk governance processes. You will work closely with divisional risk functions and the second line of defense Operational Risk teams to help deliver the enterprise risk transformation for the firm.

Basic Qualifications

• A bachelor’s or master’s degree in analytics/data science (or) any math/statistics/quant background (or) Information Technology or Computer Science
• Proven experience in data engineering/business intelligence tools especially strong understanding of database concepts and data modeling.
• Minimum 4 years of experience as Business Intelligence Specialist or Data Scientist or Risk Management/Reporting Analyst or Risk Modeling Analyst. Strong understanding of ETL processes, data integration, data quality framework and ability to design and implement efficient data pipelines. Data Science, Analytics and Automation tools/platforms: Alteryx (preferred), RapidMiner, Informatica, Qliksense or similar
• Ability to create interactive and insightful visualization dashboards for risk reporting. Visualization Tools: Tableau (preferred), Qlikview, PowerBI
• Programming languages: Python (Intermediate)
• Scripting skills for automation and data manipulation (e.g., shell scripting)
• Proficiency working with relational databases on-prem (Microsoft SQL server, MySQL, PostgreSQL) and cloud (Snowflake)

13) Office of the Chief Administrative Officer – Enterprise Risk Management Transformation

The role is part of the first line of defense Operational Risk & Resilience (ORR) team within the Office of the Chief Administrative Officer or OCAO. You will be part of a dedicated team whose focus is to strengthen the firm’s infrastructure to support the effective management of first line operational risk and resilience across the firm’s business services, including enhancing our risk governance processes. You will work closely with divisional risk functions and the second line of defense Operational Risk teams to help deliver the enterprise risk transformation for the firm.

Basic Qualifications

• Bachelor's degree
• 4 to 8 years of relevant professional experience
• Risk management experience a must –financial and operational risk management experience, specifically, preferred
• Demonstrated ability to manage multiple projects and meet competing deadlines – experience in project management is a must
• Drive, motivation and resilience – ability to handle multiple tasks, taking initiative to improve his / her own performance, working intensely towards goals and persisting in the face of obstacles or setbacks

14) Asset & Wealth Management- AM Funds & ACMS Tech

Goldman Sachs Engineers are innovators and problem-solvers, building solutions in risk management, data analytics, mobile and more. We look for creative collaborators who evolve, adapt to change and thrive in a fast-paced global environment.

This is a hands-on Senior developer role responsible for delivery of projects within Fund Management and Investor Servicing. You will have the opportunity to contribute to the vision, understand and contribute our product roadmap and raise the bar on the technical footprint of the team.

The individual’s responsibilities will include:a

• Design, code and deliver software based on the best-of-breed available technology.
• Maintenance of existing applications in .Net stack Maintaining Qlik or equivalent BI grids running on domain modelled queries

Basic Qualifications

• An undergraduate Engineering degree is required
• 3 to 8 years of relevant professional experience
• Hands-on experience on DotNet stack (C#, ASP.Net MS SQL Server and IIS Web Server)
• Wants to expand their skill to newer tech stack like Java/Spring/React

15) Compliance Engineering – DevOps/Site Reliability Engineer

We are Compliance Engineering, a global team of more than 300 engineers and scientists who work on the most complex, mission-critical problems.

We:

• build and operate​ a suite of platforms and applications that prevent, detect, and mitigate regulatory and reputational risk across the firm.
• have access to the latest technology and to massive amounts of structured and unstructured data.
• leverage modern frameworks to build responsive and intuitive front end and Big Data applications.

Basic Qualifications

• A Bachelor's or Master's degree in Computer Science, Computer Engineering, or a similar field of study
• 7+ years of relevant professional experience
• Expertise in Java development
• Experience in automated testing and SDLC concepts

16) Compliance Engineering - Full Stack Software Engineer

We are Compliance Engineering, a global team of more than 300 engineers and scientists who work on the most complex, mission-critical problems.

We:

• build and operate​ a suite of platforms and applications that prevent, detect, and mitigate regulatory and reputational risk across the firm
• have access to the latest technology and to massive amounts of structured and unstructured data
• leverage modern frameworks to build responsive and intuitive front end and Big Data applications

Basic Qualifications

• A Bachelor's or Master's degree in Computer Science, Computer Engineering, or a similar field of study
• 7+ years of relevant experience including management experience
• Experience in developing and designing end-to-end solutions to enterprise standards including automated testing and SDLC
• Sound knowledge of DBMS concepts, database architecture, experienced in ETL/data pipeline development.
• Experience in query tuning/optimization

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 1869, 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