Internal Audit, Credit Risk, Associate, London

Goldman Sachs; Greater London; Sur place; GBP 75 000 - 95 000; Plein temps

Résumé du poste

Goldman Sachs is seeking an Internal Audit, Credit Risk, Associate in London. You will work as part of the third line of defence, assessing control environments and advising on risk mitigation.

The role involves planning, testing, and reporting on controls, with opportunities to lead workstreams and develop expertise across credit risk processes. The team collaborates with regional partners and senior management, contributing to robust governance and effective risk management at a premier global

Qualifications

• Bachelor’s degree or equivalent from a recognised university.
• Strong analytical and problem-solving skills with good judgement.
• Excellent written and verbal communication skills.
• Ability to manage multiple deliverables and meet deadlines.

Responsabilités

• Contribute to audits from planning and scoping through fieldwork, issue validation and reporting.
• Own discrete workstreams and increase responsibility as experience grows.
• Design and execute test programmes to assess the design and operating effectiveness of key controls.
• Document analysis, testing and conclusions in line with audit methodology.
• Evaluate risk significance and follow up on remediation.

Connaissances

Analytical thinking

Written and verbal communication

Attention to detail

Time management

Team player

Formation

Bachelor's degree

Description du poste

Internal Audit, Credit Risk, Associate, London

Job Description

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 primary role of Internal Audit is to help protect the assets, reputation and sustainability of the organization. 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. IA assists the firm's Board of Directors Audit Committee in fulfilling its oversight responsibilities and regularly interacts with the external independent auditors.

TEAM & ROLE OVERVIEW

Internal Audit helps protect the assets, reputation and sustainability of the organisation. As the third line of defence, we independently assess the firm’s control environment, including its governance, risk management, capital and financial crime frameworks.

Our role extends beyond identifying control weaknesses. We engage constructively with management to evaluate risk, advise on sustainable control solutions and assess whether remediation is implemented effectively

whether remediation is implemented effectively

What you'll do

Across the audit lifecyle, you will

• Contribute to audits from planning and scoping through fieldwork, issue validation and reporting.
• Own discrete workstreams, taking increasing responsibility as your experience and credibility grow.
• Design and execute test programmes that assess the design and operating effectiveness of key controls.
• Document analysis, testing and conclusions clearly and precisely in line with audit methodology.
• Evaluate the significance of risks and issues and follow up constructively on remediation

Build expertise

• Develop broad, transferable knowledge across the credit risk lifecycle, from origination through provisioning and capital.
• Stay informed about emerging credit trends, macroeconomic developments and evolving regulatory expectations.
• Understand how the Basel capital framework and accounting standards such as IFRS 9 and CECL operate in practice at a global institution.
• Analyse complex portfolio data to identify themes, outliers and potential control gaps.
• Form evidence-based conclusions and communicate them clearly to colleagues, business partners and, increasingly, senior management.
• Help assess whether commercial strategy is supported by effective and proportionate risk management
• Support and coach analysts and new joiners as your experience develops.
• Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.

Think critically and communicate clearly

• Analyse complex portfolio data to identify themes, outliers and potential control gaps.
• Form evidence-based conclusions and communicate them clearly to colleagues, business partners and, increasingly, senior management.
• Help assess whether commercial strategy is supported by effective and proportionate risk management
• Support and coach analysts and new joiners as your experience develops.
• Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.

Grow with the team

• Support and coach analysts and new joiners as your experience develops.
• Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.

EXPERIENCE & QUALIFICATIONS REQUIRED

• Bachelor’s degree, or equivalent, from a recognised university
• Approximately three to five years of relevant experience in Internal Audit, second-line Credit Risk Management, consulting or external audit role
• Understanding of credit risk lifecycle in at least one area, together with the curiosity and motivation to develop broader expertise
• Strong analytical and problem‑solving skills, sound judgement and genuine intellectual curiosity
• Excellent written and verbal communication skills
• Exceptional attention to detail and the ability to look beyond the immediate question
• Ability to manage multiple deliverables and work effectively to deadlines.

Preferred

• Progress towards, or completion of, a relevant professional qualification such as FRM, CFA, CPA or ACA
• Familiarity with credit products across lending, derivatives, securities financing or private credit.
• Understanding of the laws, regulations and supervisory guidance relevant to credit risk management.

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

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.

Job Info

• Job Identification 184091
• Job Category Associate
• Posting Date 10/08/2026, 03:19 PM
• Locations London, Greater London, England, United Kingdom

Healthcare & Medical Services

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

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Learn More