INTERNAL AUDIT

In Internal Audit, we ensure that Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring the firm’s compliance with laws and regulations, and advising management on developing smart control solutions. Our group has unique insight on the financial industry and its products and operations. We’re looking for detail-oriented team players who have an interest in financial markets and want to gain insight into the firm’s operations and control processes.

 WHAT WE LOOK FOR

Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, are analytical, exercise professional skepticism, and are able to challenge and discuss effectively with management on risks and control measures.  We look for individuals who enjoy learning about audit, businesses and functions, have innovative and creative mindsets to adopt analytical techniques to enhance audit techniques, enjoy building relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment.

 YOUR IMPACT

As the third line of defense, Internal Audit’s mission is to independently assess the firm’s internal control structure, including the firm’s governance processes and controls, and risk management and capital and anti-financial crime frameworks, and to raise awareness of control risk and monitor the implementation of management’s control measures. In doing so, internal Audit:

 

•             Communicates and reports on the effectiveness of the firm’s governance, risk management and controls that mitigate current and evolving risk

•             Raises awareness of control risk

•             Assesses the firm’s control culture and conduct risks

•             Monitors management’s implementation of control measures

 

Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including chartered accountants, developers, risk management professionals, cybersecurity professionals, and data scientists. We are organized into global teams comprising business and technology auditors to cover all the firm’s businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.

 RESPONSIBILITIES

• Develop and maintain a good understanding of business areas, their products, and supporting functions
• Plan and execute audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
• Identify risks, assess mitigating controls, and make recommendations on improving the control environment
• Prepare commercially effective audit conclusions and findings, and present to IA senior management and business stakeholders
• Follow-up on open audit issues and their resolution

 SKILLS AND RELEVANT EXPERIENCE

• Team-oriented with a strong sense of ownership and accountability
• Strong interpersonal, and relationship management skills
• Strong verbal and written communication skills
• Solid analytical skills
• Good technical knowledge of relevant product areas
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
• 3+ years of experience in internal audit, Big 4 risk advisory, external audit, or financial services risk role 
• 4-year degree in a finance, accounting, risk management or quantitative discipline, and ideally a graduate degree in a related subject
• Relevant certification or industry accreditation (e.g., CPA, CFA, CIA) is a plus
• Knowledge of operational risk management, including risk and control self-assessment (RCSA), operational risk event management, issue management, and control monitoring & testing
• Any combination of core capital planning disciplines: capital planning governance, risk identification and scenario design, stressed projections for revenue, balance sheet, RWA and capital and credit, market and operational losses, quantitative and qualitative estimation methods and FR Y-14 submissions
• Knowledge of financial risk management disciplines is a plus, including credit risk, market risk or funding/liquidity risk
• Knowledge of risk governance, risk measurement, Board and regulatory risk reporting
• Knowledge of regulatory rules and expectations for risk management and measurement