Fees & Commissions Analyst Job in Bangalore at Goldman Sachs

Goldman Sachs is hiring for the role of Fees & Commissions  Analyst!

Responsibilities of the Candidate:

• 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.
• 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.

Requirements:

• 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.