Internal Audit-New York-Senior Analyst- GS Bank

Internal Audit – GS Bank, Senior Analyst

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset and we strive to provide a supportive environment with opportunities for professional and personal growth.

About Internal Audit

Internal Audit ensures Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring compliance with laws and regulations, and advising management on developing smart control solutions. Our group offers unique insight into the financial industry, its products and operations. We seek 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, analytical skills, professional skepticism, and the ability to challenge and discuss risks and control measures with management. We look for individuals who enjoy learning about audit, businesses and functions, have innovative and creative mindsets to adopt analytical techniques, build relationships, and thrive in teamwork within a fast-paced global environment.

Your Impact

As the third line of defense, Internal Audit independently assesses the firm’s internal control structure, governance processes and controls, risk management, and anti-financial crime frameworks. The team raises awareness of control risk and monitors 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

Responsibilities

• Execute audit deliverables in accordance with the department’s internal audit methodology and manage time effectively
• Assist the project manager in planning the audit scope, conduct walkthroughs, and discuss results with local and global management
• Document findings succinctly and engage with stakeholders to analyze risks and assess the design and operating effectiveness of key controls
• Monitor and follow up on the resolution of open audit findings and maintain stakeholder relationships to monitor risk
• Contribute to the department’s continuous monitoring efforts covering operations incidents, market and regulatory events, and business and technology updates
• Participate in department-wide initiatives to continually improve internal audit processes and supporting infrastructure

Skills and Relevant Experience

• Chartered Accountant / Certified Financial Analyst / MBA specialized in Finance / Master’s in Accounting or Finance (or equivalent)
• 1–3 years of experience in risk-based operations or process audits, preferably in financial services
• Experience in executing audit engagements with good judgment of risks and controls
• Strong technical skills, attention to detail, analytical ability, and effective documentation
• Team-oriented with adaptability to different working styles
• Strong written and verbal communication and interpersonal skills for cross-functional interaction and management levels
• Highly motivated, capable of multitasking in a fast-paced environment
• Experience with data analytics tools and techniques
• Relevant certification or industry accreditation
• Knowledge of credit card, deposits and mortgage banking
• Ability to identify efficiency improvements or automated solutions to 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 are committed to fostering and advancing diversity and inclusion in our workplace and beyond, offering training and development opportunities, networks, benefits, wellness and personal finance 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

© The Goldman Sachs Group, Inc., 2021. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Salary & Benefits

Salary Range: The expected base salary for this New York, NY-based position is $75,000–$100,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits: Goldman Sachs provides competitive benefits and wellness offerings. A summary of these offerings, generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here: https://www.goldmansachs.com/careers/discover/2022-Benefits-Summary-US.pdf