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.


TEAM OVERVIEW

Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical, exercise professional scepticism, 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. 

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.


THE ROLE AND RESPONSIBILITIES

As the third line of defence, 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, raise awareness of control risk and monitor the implementation of management's control measures. 

In doing so, Internal Audit perform the following duties:

Communicates and reports on the effectiveness of the firm's governance, risk management and controls that mitigate current and evolving riskRaise awareness of control riskAssesses the firm's control culture and conduct risksMonitors management's implementation of control measures

Additional responsibilities include:

Develop and maintain an in-depth understanding of the Bank, its businesses, products, and supporting functionsPlan and execute audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standardsIdentify risks, assess mitigating controls, and make recommendations on improving the control environmentDrive walkthroughs with stakeholders to perform control design assessment and challenge risks and controlsPrepare commercially effective audit conclusions and findings, and present to IA senior management and business clientsFollow-up on open audit issues and their resolutionParticipate in department-wide initiatives aimed at continually improving IA’s processes and supporting infrastructurRegularly meeting the stakeholders and building strong relationships with management Manage, coach and develop team members 

SKILLS AND EXPERIENCE REQUIRED

7+ years of experience in Public Accounting, Internal Audit, Compliance, or Risk / Controls functions within the financial services industryRelevant certification or industry accreditation (CPA, ACA, CFA, CIA, CISA or similar) is a plusBachelor’s degree (or higher) in a relevant disciplineIn-depth technical knowledge of key risks and associated controls within Banking businesses and products (e.g., private bank, mortgages, deposits, global markets)  Extensive knowledge of Bank prudential regulations such as Regulation W, Regulation K, Regulation O, Regulation H, Regulation Y, CCAR regulatory requirements, Recovery and resolution regulatory requirementsExperience of managing audit engagements and teams across locationsPrior experience in understanding of the businesses, products and regulations in subject areas including EquitiesHighly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environmentKnowledge of financial markets, products and services. Ability to work effectively across a large audit team, understanding the team's role in the overall strategy of the firm. Strong leadership, interpersonal, and relationship management skillsStrong verbal and written communication skills Highly motivated with the ability to multi-task and remain organized in a fast-paced environmentMust be highly motivated with strong analytical skills, willing and able to learn new businesses and processes quickly
    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.  

We’re 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
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