• Internal Audit, Quality Assurance and Practices, Associate/VP

    Location(s) US-NY-New York
    Job ID
    2018-48908
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Audit
    Region
    Americas
    Division
    Legal and Internal Audit
    Business Unit
    Internal Audit - Exec Mgmt
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    Internal Audit

    In Internal Audit, we independently assess the firms overall control environment by assessing the firms governance processes and controls, and risk management and capital and anti-financial crime frameworks. 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 and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong 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: Capital Markets, Investment Management, Corporate, Enterprise, GS Bank USA, and Technology.

     

    RESPONSIBILITIES AND QUALIFICATIONS

    RESPONSIBILITIES AND QUALIFICATIONS

    Business Audit Professional Practices Group General Responsibilities

    The candidate will be responsible for proactively monitoring for changes to industry and regulatory requirements, guidance and pronouncements and leading remediation efforts for the department where appropriate as well as executing quality assurance reviews of project files to determine whether the work adheres to GS Internal Audit Stages Framework and the policies and procedures contained within the Internal Audit Manual.

     

    Overall work will also include Driving division-wide improvement efforts in efficiency, effectiveness and productivity, including implementing initiatives  on process:

     

    Responsibilities include:

    • Executing Quality Assurance reviews to assess adherence to with methodology
    • Proactively monitoring for changes to industry and regulatory requirements, guidance, and pronouncements
    • Performing targeted thematic reviews of the department’s work, assisting with other policy and methodology related matters
    • Developing specific training needs based on results  of quality reviews and observations
    • Enhancing methodology and developing guidance for specific topics
    • Responding to ad hoc queries raise by auditors
    • Participating in selected departmental initiatives

    Preferred Qualifications:

    • Strong background in audit policy and methodology
    • Experience in financial services industry including experience in an internal audit role or a related field
    • Experience in regulated financial services environment with direct interactions with regulators
    • Strong writing skills
    • Good attention to detail; strong analytical skills
    • Ability to manage multiple tasks and work well under pressure
    • Strong interpersonal and communication skills
    • Highly motivated, self-starter
    • Degree required
    • At least 8 years of experience

    ABOUT GOLDMAN SACHS

    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 all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.