Job Description
What We Do
As The Third Line Of Defense, Internal Audits Mission Is To Independently Assess The Firms Internal Control Structure, Including The Firms Governance Processes And Controls, And Risk Management And Capital And Anti-financial Crime Frameworks, Raise Awareness Of Control Risk And Monitor The Implementation Of Managements Control Measures. In Doing So, Internal Audit
- Communicates and reports on the effectiveness of the firms governance, risk management and controls that mitigate current and evolving risk
- Raise awareness of control risk
- Assesses the firms control culture and conduct risks; and
- Monitors managements 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 firms businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.
Who We Look For
Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, 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, building relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment.
As a Business Auditor, you will be involved in audits of various operations processes that support the securities business of the firm to provide assurance on the controls related to trade booking, middle office operations, settlements, along with other general business controls such as balance substantiations, Sarbanes-Oxley 404 control assessments and other processes that support functions of global market divisions.
Your Impact
As part of the third line of defense, you will be involved in independently assessing the firms overall control environment, communicating the results of the effectiveness of the firms controls that mitigate current and emerging risks, to the firms local and global management and monitoring the managements implementation of control measures. In doing so, you are supporting the provision of independent, objective and timely assurance around the firms internal control structure, and supporting the Audit Committee, the Board of Directors and Risk Committee in fulfilling their oversight responsibilities.
Responsibilities
As an Analyst, you will be responsible for execution of audit deliverables through effective time management, in accordance with the internal audit methodology of the department. You will assist the project manager in executing the scope of the audit through walkthroughs and discussions with various teams and discuss results of the audit with the firms local and global management. You will play a vital role in execution of the audit scope, through succinct documentation and active engagement with various stakeholders focusing on analyzing the risks involved, assessing the design and operating effectiveness of the key controls implemented to mitigate the risk, in accordance with the internal audit methodology of the department. In addition, you will also monitor and follow up with management on the resolution of the open audit findings and maintain stakeholder relationship to monitor risk in their space.
Responsibilities also include assisting in the departments continuous monitoring effort to cover operations incidents, market and regulatory events, business and technology updates. You are strongly encouraged to participate in department-wide initiatives aimed at continually improving IA's processes and supporting infrastructure.
Basic Qualifications
- Under-graduate degree/ Master in Business Administration specialized in Finance / Masters or equivalent University degrees in Accounting / Finance Chartered Accountant /Certified Financial Analyst / University degree in Finance, Accounting, or with quantitative discipline, and ideally a graduate degree in a related subject
- Experience in executing audit engagements, with good judgement of risks and controls
- Strong technical skills required for the role with attention to detail, strong analytical skills and ability to translate assimilated knowledge through effective documentation
- Experience in team work and adaptable to differential ways of working
- Strong written and verbal communication skills, interpersonal skills, as the job requires frequent interaction with cross functional teams and various hierarchy within management
- Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
Preferred Qualifications
- Knowledge of Financial Products and Services
- Experience with data analytics tools and techniques
- Capable of efficiency improvement or automated solutions that assist audit work
About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer
