Controllers - Funding Product Control - Associate
4 weeks ago
**ABOUT GOLDMAN SACHS**
The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
**BUSINESS UNIT OVERVIEW**
Finance is broadly responsible for the firm's financial resource and capital management, financial reporting and risk monitoring. In these capacities, Finance is the principal adviser to senior management on essential areas such as controlling the firm's global risk exposure, profitability and capital and other financial resource allocations of the firm's various businesses. Finance activities are organized into six main areas:
The Controllers, Corporate Insurance and Risk Advisory Group, Corporate Tax, Corporate Treasury, Credit and Market Risk Management and Analysis. Finance is a critical area within Goldman Sachs.
As contact with virtually every part of the firm is essential to Controllers, professionals in the department experience Goldman Sachs businesses, products and sophisticated technology systems in depth. If you want to develop an in-depth understanding of financial services, Controllers is a great place to begin your career. You will receive continuous training, both formal and informal, and the support of senior members of our team.
Product Control and Funding Control is one of the largest departments within Controllers and supports the trading divisions across all asset classes: Fixed Income, Currencies and Commodities, and Equities.
Its main responsibilities are to produce and analyze the daily trading activities, to report the trading divisions’ profits and losses and to verify the values of positions held by the trading desks, both cash and derivative. This role requires extensive liaison with the trading desks, the Risk Management Group and the Operations Teams, as well as with colleagues in Controllers. Product Controllers are expected to develop a good understanding of the products they monitor and of the strategies used by the trading desk to generate revenue for Goldman Sachs. The function has become increasingly technical in content and offers a challenging and interesting role, which would suit dynamic, bright and ambitious individuals with a drive to succeed.
**THE PRODUCT CONTROL MODEL AT GOLDMAN SACHS**
- We operate a “complete ownership” model and see this as a “mini-CFO” role with regards a trading desk, with responsibilities including [plus some of the teams controller liaise with]
- P&L reconciliation [liaising with Operations, Technology and Strats]
- P&L explain [Traders, Strats, Market Risk]
- New trade analysis [Traders and Strats]
- Balance sheet review [Legal Entity Controllers]
- Capital requirements for new trades and ongoing business [Regulatory Capital controllers
**RESPONSIBILIITES**:
- Preparing daily P&L’s for trading desks, involving assessment of the nature of revenue generated in the context of market moves and risk held as well as reconciliation between front office sub-ledger and Firm general ledger. Price verification; monthly review and challenge of trader inputs into inventory pricing as well as incremental assessment of less observable inputs.
- To interact effectively and pro-actively with traders and their management.
- Intelligently reviewing trading activity with the objective of informing around the valuation of the portfolio and also highlighting anything unusual or material to management.
- Assessing risk inherent in trading positions, whether market, compliance or reputational risk etc.
- Knowledge of products and market awareness.
- Producing and reviewing P&L attribution and commentary for the bank’s trading, investing and new issuance businesses
- Understanding of the impact of Regulatory Capital rules on a trading desk’s ongoing and new business.
- Identifying any trades booked incorrectly in the firm’s trade procession systems
- Production and analysis of the balance sheets for a trading desk and understanding and explanation of vements.
- Preparing monthly accounts for posting to the firm’s general ledger and producing/reviewing relevant external disclosures.
- Ensuring compliance with all the Firm’s financial reporting requirements. Market Risk Controllers, Credit Risk Controllers]
- Price verification [Traders and Controllers PV group]
- Federal reporting. [Fed reporting teams]
- Financial Reporting disclosures [Accounting Policy, Legal Entity Controllers]
- More generally being the point of contact within the Federation for a trading desk [Tax, Compliance, Legal, etc
- Account and monitor for the Firm’s secured and unsecured financing activities.
- Liaising with o
-
Bengaluru, India Goldman Sachs Full timeCONTROLLERS Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the...
-
Controllers- Fund Accounting
1 month ago
Bengaluru, India Goldman Sachs Full time**About Goldman Sachs** The Goldman Sachs Group is a bank holding company and a leading global investment banking, securities and investment management firm. Goldman Sachs provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals....
-
Bengaluru, India Goldman Sachs Full timeCONTROLLERS BUSINESS UNIT OVERVIEW The Controllers group is responsible for safeguarding the firm's assets: to help maintain the integrity of Goldman Sachs' finances and expenditures. Through careful consideration and analysis of firm finances, objectives and strategies, we ensure that the firm's businesses continue to be profitable and efficiently run....
-
Product Control
1 month ago
Bengaluru, India JPMorgan Chase Bank, N.A. Full time**About the Company** **Global Finance & Business Management ("GF&BM") India **is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe,...
-
Bengaluru, India Goldman Sachs Full timeControllers – AWM Fund Controllers – Public – Associate 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....
-
Product Control Associate
1 month ago
Bengaluru, India JPMorgan Chase Bank, N.A. Full time**Global Finance & Business Management ("GF&BM") India **is a combined LOB-aligned (Line of Business-aligned) finance & business support team located in India and is part of JPMorgan's global capability center (GCC). We are part of the Office of the CFO (OCFO) organization within JPMorgan, which has 13000+ people across the globe, majority of whom are tasked...
-
Fund Controller
1 week ago
Bengaluru, India Infinyte Club Full timeFund Controller - Infinyte Club About the Company: We are a wealth tech platform with startup equity investments as one of our core asset class. We started with a mission to help startup operators find liquidity for their hard-earned ESOPs. As we build the secondary market in India, we are bringing to life some of the most exciting private equity assets...
-
Bengaluru, India Goldman Sachs Full timeCONTROLLERS Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the...
-
Fund Controller
1 week ago
Bengaluru, India Infinyte Club Full timeFund Controller - Infinyte Club About the Company:We are a wealth tech platform with startup equity investments as one of our core asset class. We started with a mission to help startup operators find liquidity for their hard-earned ESOPs. As we build the secondary market in India, we are bringing to life some of the most exciting private equity assets and...
-
Fund Controller
1 week ago
Bengaluru, India Infinyte Club Full timeFund Controller - Infinyte Club About the Company:We are a wealth tech platform with startup equity investments as one of our core asset class. We started with a mission to help startup operators find liquidity for their hard-earned ESOPs. As we build the secondary market in India, we are bringing to life some of the most exciting private equity assets and...
-
Asset Management
2 weeks ago
Bengaluru, India JPMorgan Chase & Co. Full time. Morgan Asset Management is the world’s third-largest alternatives manager, with a 40-year history of delivering innovative alternative solutions across market cycles. Our alternative investment engines are managed by highly specialized independent teams, backed by the global reach, vast resources and robust governance of . Morgan Asset Management. Our...
-
Risk & Control Associate
4 weeks ago
Bengaluru, India NatWest Group Full timeOur people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive. This role is based in India and as such all normal working days must be carried out in India. Join us as a Risk & Control Associate - This is a challenging and engaging role, where you’ll...
-
Pre-funding Quality Control
1 month ago
Bengaluru, India GenWorks Global Solutions Full time**Position: Pre-Funding Quality Control (PFQC)** **Position Status: Full Time** **Reports to: Operations Manager** **Location: Remote** **Summary**: The Pre-Funding Quality Control plays a critical role in supporting the Funding Department by reviewing and organizing loan files maintaining compliance with company policies and industry regulations and...
-
Valuation Controller
1 month ago
Bengaluru, India JPMorgan Chase Bank, N.A. Full timeYou are a strategic thinker passionate about driving solutions in Finance. You have found the right team. As a Valuation Control Associate you will execute the price verification process and partner with various functional groups on valuation issues. Your team will be Valuation Control, which is organized along business lines including Corporate &...
-
Controllers-Bengaluru-Associate-EMEA Payroll
1 month ago
Bengaluru, India Goldman Sachs Full timeCONTROLLERS Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with...
-
Valuation Controller
1 month ago
Bengaluru, India JPMorgan Chase Bank, N.A. Full timeYou are a strategic thinker passionate about driving solutions in Finance. You have found the right team. As a Valuation Control Associate, you will execute the price verification process and partner with various functional groups on valuation issues. Your team will be Valuation Control group (VCG), VCG is organized along business lines including Corporate...
-
Financial Control Associate
1 month ago
Bengaluru, India NatWest Group Full timeOur people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more. This role is based in India and as such all normal working days must be carried out in India. Join us as a Financial Control Associate - Hone your skills as you provide control of our...
-
Financial Control Associate
4 weeks ago
Bengaluru, India NatWest Group Full timeOur people work differently depending on their jobs and needs. From home working to job sharing, visit the remote and flexible working page on our website to find out more. This role is based in India and as such all normal working days must be carried out in India. Join us as a Financial Control Associate - Hone your skills as you provide control of our...
-
Product Controller
1 month ago
Varthur, Bengaluru, Karnataka, India JPMorgan Chase & Co Full time**JOB DESCRIPTION** We know that people want great value combined with an excellent experience from a bank they can trust, so we launched our digital bank, Chase UK, to revolutionize mobile banking with seamless journeys that our customers love. We're already trusted by millions in the US and we're quickly catching up in the UK - but how we do things here is...
-
Control Management
4 weeks ago
Bengaluru, India JPMorgan Chase & Co. Full timeYou are a strategic thinker passionate about driving solutions in Finance. You have found the right team. As a Control Management professional in our Asset & Wealth Management, you will spend each day defining, refining and delivering set goals for our firm As a Control Management Associate, you'll be responsible for testing and ensuring the line of...
