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AMA about Goldman Sachs

Shoot..

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OrangeFifth1

Student

2 years ago

Any way to get into GS through offcampus hiring?
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NotCharlieScharf

Wells Fargo

2 years ago

As a fresher, no there isn’t. They recruit only from colleges which they visit on campus.
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RipeSong86

Goldman Sachs

2 years ago

Their ECHP is one way, though this year it is open only for 2024 batch. It is open for both final year and prefinal year generally.
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parrotAI

Stealth

2 years ago

Why is "VP" being handed out like hot cakes? What does a VP do?
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Wayyyyyyy

Stealth

2 years ago

Normal swe
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NotCharlieScharf

Wells Fargo

2 years ago

It is not, read my answer in a question above.
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parrotAI

Stealth

2 years ago

Do you still have your job?
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NotCharlieScharf

Wells Fargo

2 years ago

Yes, thanks for asking.
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HerbalChappal

Student

2 years ago

You're gonna visit my campus in a few months. I really want to get in, any kind of tips / do's and don'ts would be really helpful. My current situation is I have solid projects and internship experiences but I'm only decent in leetcode.
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NotCharlieScharf

Wells Fargo

2 years ago

If I were you I’d just be honest in interviews in terms of what I know and what I don’t. Id rather be master of two things than a Jack of 6.
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Shilpi57

EY

2 years ago

Recent layoff, are they for specific profile or specific business line??
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NotCharlieScharf

Wells Fargo

2 years ago

It’s primarily consumer banking but none of the departments are untouched. Each dept has got a quota of annual culling. It’s a normal and annual process this year it’s just three years combines in one. Hence such a large no.
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PunyDrama38

Stealth

2 years ago

Reason for layoffs? isn't india a cost center?
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NotCharlieScharf

Wells Fargo

2 years ago

It’s more of compensation of the annual culling which was paused for last 2-3 years due to covid. And certain part of business do not have great outlook, hence reduction in workforce for those units.
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randomredhead

Stealth

2 years ago

Any offer revocation at the company? I've heard a few cases but how true are they?
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NotCharlieScharf

Wells Fargo

2 years ago

I haven’t heard anything personally.
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r10a

Edgeverve

2 years ago

Thanks for the AMA! I’ve a couple of questions: 1. What role are you in and what do you do? 2. How do you find the peer group? On a scale of “folks who’d roll their eyes when you ask for help” to “don’t mind helping you pickup something you’ve a difficulty in understanding”? 3. How organised and planned is your work? 4. Are the deadlines realistic? 5. Would you say you constantly upskill on the job or do you see a point after which you coast?
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NotCharlieScharf

Wells Fargo

2 years ago

1. I don’t feel comfortable in sharing exact role, but let’s just say I am in front office. 2. Thankfully I have always been surrounded by people who have been very helpful and supportive. So in my experience it has an amazing culture and people.
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NotCharlieScharf

Wells Fargo

2 years ago

3. It’s a good mix of BAU and adhoc or unplanned stuff. But I guess that’s how it is in every other job.
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MonkWhoBoughtFerrari

Morgan Stanley

2 years ago

Given the layoffs GS is doing in US, is it good time to join GS? Are they hiring actively in India? Secondly, are there any good business profiles/wealth management opportunities in Mumbai office? What all opportunities or teams are available in Mumbai office. I know, most of their teams sit in Bangalore only.
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NotCharlieScharf

Wells Fargo

2 years ago

GS is firing across locations including India. I do not think any team is hiring actively at the moment. So unless you already have an offer I don’t think you get an offer for another 6-7 months. Mumbai is primarily sales. In India wealth management roles aren’t client facing roles if that’s what you mean by good profiles. Most of the stuff GSAM does from India are to help the MDs and team sitting in business locations. And needless to say exceptions are everywhere.
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TepidMeme76

Goldman Sachs

a year ago

Do they find higher education? And what’s the mobility policies like across offices in different countries?
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Daisy28

Barclays

2 years ago

I have heard the year end bonus goes up to 10 lakhs for tech analyst? Is it true?
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NotCharlieScharf

Wells Fargo

2 years ago

Wasn’t in tech team but yes in my division people get that as bonus on a very good year.
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