goldmansachs Goldman Sachs
Like most financial institutions, Goldman Sachs specializes in several key areas, including mergers and acquisitions, investment research, securities and risk management, and technological innovation.
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.
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities, investment management and consumer banking services to a substantial and diversified client base that includes corporations, financial institutions, governments and consumers. Founded in 1869, the firm is headquartered in New York and maintains major offices in London, Tokyo, Hong Kong, Bengaluru and other major financial centers around the world. Internal Audit (IA) supports the Board of Directors’ Audit Committee and senior firm leadership in fulfilling their oversight roles by independently assessing the firm’s internal control structure, raising awareness of control risk, providing advice to management in developing control solutions, and monitoring the implementation of management’s control measures.
IA is comprised of the following global functional audit teams covering the various business areas of the firm: Securities, Investment Management, Corporate, Consumer and Commercial Banking, and Technology.
- Develop and maintain an in-depth understanding of consumer and commercial banking business areas, its products, and supporting functions
- Assist in every step of an audit including scoping, planning, fieldwork and reporting
- Execute audit testing and supervise junior team members 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 clients
- Follow-up on open audit issues and their resolution
- Assist in the audit team’s continuous monitoring effort to cover market and regulatory events, business and technology updates and audit/reviews completed
- Participate in department-wide initiatives aimed at continually improving IA’s processes and supporting infrastructure
General Skills and Experience:
- Team-oriented with a strong sense of ownership and accountability
- Strong leadership, interpersonal, and relationship management skills
- Strong verbal and written communication skills
- Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
- Solid analytical skills
Consumer and Commercial Banking Technology Team Specific Skills and Experience:
- 4-8 years of experience in retail bank technology audit focusing on online banking and consumer lending products (e.g., open-end and closed-end credit)
- Experience with software development, information and cybersecurity, cloud computing
- Experience with Data Analytics tools and techniques
- Knowledge of relevant technology standards and regulations – ISO 27001, Data Privacy, FFIEC IT handbooks etc.
- Business/financial product knowledge and/or related industry experience are a plus
- 4-year degree in a technology discipline, and ideally a graduate degree in a related subject
- Relevant certification or industry accreditation (e.g., CISA, CISSP, CISM, etc.) is a plus
- Experience in managing audit engagements or technology projects