Asset & Wealth Management Operations Associate Job in Hyderabad at Goldman Sachs

Goldman Sachs is hiring for the role of Asset & Wealth Management Operations Associate!

Responsibilities of the Candidate:

• The Ongoing Client Readiness team supports Goldman Sachs Institutional account opening, maintenance and client data quality management
• The work performed is critical and must adhere to strict regulatory and policy requirements as this function has very material impact on downstream functions (trade processing, regulatory and tax reporting, Anti-Money Laundering monitoring among others)
• Key to the Ongoing Client Readiness team members’ success is the ability to use critical thinking to balance tight control requirements with the service demands of our internal clients
• New account opening and maintenance across business lines
• Support and execution of on-going projects initiatives including new regulatory requirements and new business markets
• Work closely with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Middle Office) in a fast-paced environment to ensure a seamless front to back onboarding and assist with the establishment of new client relationships to facilitate deal investments
• Communicate effectively with stakeholders to reduce back and forth which could result in delays for go-live
• Support the development of the team’s policies and procedures to reflect changing regulatory requirements
• Provide excellent client service in our responsiveness and accuracy of the requirements in scope depending on the nuances of a particular transaction
• Timely escalation of any questions or concerns around account creation and maintenance to fulfill our regulatory obligations 
• Assist with identifying, defining and implementing process efficiencies 
• Perform all necessary regulatory checks to facilitate the opening of new client accounts 
• Participate in ad hoc onboarding projects and strategic initiatives as required

Requirements:

• Bachelor's degree required
• 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 in a team environment.
• Knowledge of financial markets and products
• Knowledge of Customer Identification Programs (CIP)/Know Your Customer (KYC) and relevant regulations is a plus
• Knowledge of corporate structures and the impact they have on the KYC/AML process
• Ability to adapt to new changes and new challenges
• Experience in providing excellent client service
• Excellent written and verbal communication skills
• Proactive, self-motivated
• Prudent in escalating potential risk to the Firm