Goldman Sachs

Tax – Tax Operations – Embedded Risk Manager – Senior Associate – Bengaluru

Goldman Sachs  •  Bengaluru, IN (Onsite)  •  1 month ago
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Job Description

YOUR IMPACT

Are you passionate about risk management and looking to make a significant impact within a dynamic environment? We are seeking an Associate to join our Embedded Risk Management team within Tax Operations, focusing on enhancing our operational risk profile.

OUR IMPACT

Tax analyzes and supports the activities, operations, reporting obligations and transactions of the firm’s business lines to ensure that tax consequences and reputational risks are evaluated appropriately. Our work contributes directly to the firm’s success, and the division is ideal for creative and collaborative individuals who have strong ethics and attention to detail.

Tax Operations is responsible for maintaining the integrity of the firm’s compliance with reporting authorities around the globe and managing related inquiries from a variety of the firm’s businesses across established and emerging markets. Our Embedded Risk Management team plays a critical role in continuously measuring and assessing operational risks within these processes, ensuring a robust control environment and proactive risk mitigation. We partner across Tax Operations to identify, analyze, and address potential risks, contributing directly to the firm's regulatory adherence and operational excellence.

HOW YOU WILL FULFILL YOUR POTENTIAL

  • Advise, challenge, and inform Tax Operations teams on recommended ways to mitigate risk; review actions to ensure risk is sufficiently addressed.
  • Act as a culture carrier by embedding a risk mindset and awareness of the firm's Risk Framework amongst staff.
  • Identify ways to share risk best practices across Tax Operations functions and with other business lines where similar processes or risk exposures exist.
  • Run regular risk meetings to review the exception landscape across business units, asking probing questions to establish potential operational risks within workflows.
  • Lead coordination across teams during significant events (e.g., regulatory changes, system incidents) to manage information exchange and triage emerging risks.
  • Challenge the status quo and the existing control framework to continuously enhance the control environment and improve the risk profile.
  • Partner with Operations teams and Engineering to understand residual risks, apply lessons learned, and improve our risk and control framework.
  • Perform risk analysis by working with regional and functional groups to develop key risk indicators (KRIs) for monitoring operational risk. Use KRIs to drive the risk agenda with leadership and develop remediation plans.
  • Support the Risk & Control Self-Assessment (RCSA) process, ensuring quarterly reviews accurately reflect the current risk environment and quality of operational controls.
  • Work closely with other risk managers across locations to share key initiatives and develop integrated risk solutions.

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

  • Bachelor’s degree and 5+ years relevant work experience in Operations, Finance, Risk Management, or a related field.
  • Strong control mindset with a passion for risk management and enhancing control environments.
  • Excellent communication skills to clearly articulate issues and ideas with various stakeholders across Tax Operations and other divisions.
  • Strong analytical skills with an ability to understand complex workflows, identify control weaknesses, and excellent attention to detail.
  • Innovative, with a keen eye for identifying areas of control enhancements, process optimization, and automation.
  • Ability to perform data analytics using metrics to identify trends and themes.
  • Proven ability to prioritize workload, drive results, solve problems, and take accountability for deadlines/outcomes.
  • Thrives in a team environment, possesses strong interpersonal, verbal, and written communication skills.
  • Remains composed under pressure, prioritizes, and makes decisions in a fast-paced environment.

PREFERRED QUALIFICATIONS

  • Prior Operations related work experience or understanding of broker/dealer obligations.
  • Knowledge of the Financial Industry and its operational processes.
  • Project management skills.
  • Risk management certifications (e.g., CERP).
  • Tax knowledge would be a plus.
  • Ability to translate regulatory guidance and design solutions for risk mitigation and to fulfill compliance mandates.

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

Goldman Sachs

About Goldman Sachs

We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.

Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.

For 156 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.

Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.

Find our Social Media Disclosures here: gs.com/social-media-disclosures

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
New York, New York
Year Founded
Unknown
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