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 The primary role of Internal Audit is to help protect the assets, reputation and sustainability of the organisation. Internal Audit independently assesses the firm's internal control structure. We provide assurance that financial reporting is reliable, that there is compliance with applicable laws and regulations and that the firm's operations are effectively controlled. We assist management in identifying risk and commercially managing risk by providing advice in developing control solutions and monitoring the implementation of management's control measures. Global Markets- covers the Firm's Sales, Trading and Insurance businesses; including related supporting control functions such as Operations, Technology, Product Control and Divisional Compliance. Investment Banking - covers the firm's banking activities and Global Investment Research operations. Investment Management - covers the firm's Private Wealth Management, Asset Management and Merchant Banking businesses. Federation - covers the firm's Risk Management, Finance, Corporate Governance, Legal, Compliance and Regulatory Reporting areas as well as Human Capital Management, Services and the Executive Office. THE ROLE AND RESPONSIBILITIES The role aims to support the team covering Operational Risk management, which looks at risk assessment and oversight frameworks designed to identify, monitor and manage non-financial risks such as those associated with systems, people, processes and external events. Lead the planning and scoping reviews by meeting relevant stakeholders to understand and walk through the business and technology processes to identify the key risks and controls to be assessed. Lead the preparation of the audit testing program and assessment of the adequacy of the design and operation of the controls associated with the key risks identified Organizing the team delivery in line with timeline â?¢ Assess the risk and impact of the issues identified on reviews and assist with production of the report to management. â?¢ Follow up with stakeholders on remediation of actions coming out of issues identified during audits. â?¢ Engage in ad hoc work on firmwide projects around new processes or activities and investigation of incidents. â?¢ Liaise with colleagues globally to understand global processes and facilitate benchmarking of best practice. â?¢ Establish and maintain internal relationships with key stakeholders and regularly interact with the business during the year to assess changes in the control environment and other matters arising in the business. SKILLS AND EXPERIENCE REQUIRED The Internal Audit Corporate team is seeking a highly motivated individual with strong analytical skills capable of learning new business and system processes quickly. The successful candidate will work alongside an experienced team focusing on the Risk Management division The candidate should be able to demonstrate:
Relevant experience in internal/external audit or risk management. Understanding of Credit risk would be beneficial
Ability to project manage
Strong written and verbal communication skills
An ability to work effectively across a large global audit team
Good attention to detail; strong analytical skills
Ability to manage multiple tasks and work well under pressure
