Global Banking & Markets Operations - Loan Data Quality - Associate - Bengaluru in Bengaluru at honor foundations

Date Posted: 12/21/2024

Job Snapshot

Job Description

GLOBAL BANKING & MARKETS - INVESTMENT BANKING

We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.

As a division, our strategic objectives include:

  • To be the world’s preeminent investment bank – trusted advisor, financier and risk manager for our clients on their most important transactions
  • Build long-term relationships with clients and bring them world-class execution by “delivering the firm” over time
  • Drive superior returns for our stakeholders
  • Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace

OPERATIONS

Operations is a dynamic, multi-faceted division 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 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.

Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness, and integrity to our business.

YOUR IMPACT 

The Loan Data Quality team is seeking a motivated professional to support loan product data set up & maintenance and loan closing. We seek team orientated candidates who can demonstrate excellent analytical skills with the ability to manage competing tasks and prioritize risk accordingly in a fast paced and demanding environment. Team members are expected to be able to consistently deliver on day-to-day execution as well as contribute to strategic organizational goals.

 OUR IMPACT

 Investment Banking Operations is a dynamic, multi-faceted division that partners with all parts of the firm to facilitate banking & financing capabilities to clients around the world. In addition, IB Operations provide essential risk management and control to preserve and enhance the firm’s assets and its reputation. The Loan Data Quality team is responsible for ongoing management of loan product data and closing functions, which includes primary loan trade settlements and initial draw funding to the borrower. Daily interactions with key stakeholders such as Bankers, Legal, Credit, Risk and Technology are crucial to the role to ensure timely and effective client service.

  HOW YOU WILL FULFILL YOUR POTENTIAL 

  • Gain a comprehensive understanding of the bank loan business and understanding loan structures
  • Leverage your quantitative skills to decompose complex loan restructures and ensure booking are complete within timelines
  • Enhance your industry knowledge through settlement of complex loan closings
  • Develop cash settlement expertise via thorough understanding of payments and settlement platforms
  • Grow with the team; develop a deeper understanding of complex transactions and work with our business partners to progress on organizational goals 
  • Assume accountability and ownership of complex situations, offering own expertise to influence outcomes
  • Risk Management – Partner with regional management team to provide effective oversight of key loan product data attributes
  • Deliver consistent client service through partnerships with other teams and divisions
  • Deliver day-to-day issue resolution through effective time management, prioritization, and multi-tasking
  • Continually adapt to changes in the business, markets and regulatory environment
  • Collaborate with stakeholders to mitigate risks associated with bespoke workflows
  • Showcase your ability to function as a team player in a highly collaborative environment while working closely with internal and external stakeholders such as Business Groups, Reporting Controllers, Risk, Technology and Operations Leadership
  • Collaborate with global team counterparts in Dallas on initiatives supporting a global loan support model
  • Support MIS reporting, including key risk indicators, trends and milestones of the team

SKILLS & EXPERIENCE WE’RE LOOKING FOR –

BASIC QUALIFICATIONS

  • Bachelor’s degree in a finance related field preferred
  • Minimum experience of 3 years in Loan Operations & total experience of 4 – 7 years
  • Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
  • Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levels of product experience
  • Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities
  • Flexible and able to work well under pressure within a team environment

 PREFERRED QUALIFICATIONS

  • Financial or quantitative educational background
  • Understanding of Loan Operations & Regulatory reporting experience and/or experience in handling audits

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., 2024. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer

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