Global Banking & Markets, Third Party Strategy & Risk Management, Analyst, Bengaluru Bengaluru

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, Global Markets and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Bangalore, Hong Kong and other major financial centers around the world.

We make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

The GBM Third Party Risk Management & Strategy team within GBM oversees the control framework and guides GS managers to implement oversight on a broad spectrum of processes managed by vendors. The Quality Control position in the GBM Third Party Risk Management & Strategy team provides an opportunity for a dynamic and risk-aware individual to take part in shaping GBM’s third‑party control framework related to a broad spectrum of firm policies and processes, including but not limited to Customer Due Diligence, Regulatory Reform, FICC Ops, Equities, PB Ops, Pre‑matching, Settlements etc.

The role is part of a team responsible for overseeing aspects of policy implementation, quality assurance, audit facilitation and relative analytics for the GBM teams. The successful candidate will be able to exercise independent judgment, discretion, and decision‑making.

• Work with Senior Leadership, Sourcing, Third Party Risk Resilience teams and Vendors to develop, implement and deliver complex and strategic cross‑divisional initiatives
• Build data tracking and management tooling which can be leveraged for reporting to senior stakeholders.
• Implement quality assurance and testing approaches for vendor engagements by understanding the procedures, doing quality checks for balancing risk and control

• Supporting the divisions to ensure they comply with the firm’s Vendor Management (VM) programs.
• Equipping Vendor Relationship Owners with skills, training, and awareness on their roles.
• Engaging with Risk Partners across the organization (e.g. compliance, technology), as needed, helping the divisions to understand third party risks.
• Reporting to divisional stakeholders on VM activities, including outstanding risks and ongoing initiatives.
• Evaluating and providing guidance to key divisional stakeholders to support implementation and compliance with the Vendor Management Policy and Standard, and challenging divisional TPRM activities, where appropriate.
• Engage with the divisions to raise awareness of the third‑party risk management framework as well as develop the risk management skills of all Vendor Relationship Owners.
• Developing and providing periodic global and regional reporting on vendor landscape, risks, controls, and overall status of divisional execution against the program requirements.
• Support and help lead aspects of global TPRM program initiatives and priorities, working with global program and capability leads, as well as the global team overall.
• Champion and advocate for program maturity and development with key partners across the organization, ensuring alignment with GBM’s overall third‑party strategy.
• Design the appropriate framework and operating model to support the integration of risk control and business functions, the ongoing management of the third‑party lifecycle, and maturing the existing third‑party segmentation, risk tiering, and stratification.

• 1-3 years’ experience in a business / non‑financial risk management/third‑party risk management pertaining to vendor services/applications and contingent workers.
• Experience in dealing with external vendors single‑handedly.
• Experience in managing/coordinating with multiple functions including business functions, technology teams, compliance etc.
• Experience in data analysis and in creating…