Internal Audit, Corporate Treasury, New York, Analyst

Goldman Sachs; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Healthcare & Medical Insurance

Financial Wellness & Retirement

Health Services

Fitness

Child Care & Family Care

Benefits at Goldman Sachs

Job summary

Goldman Sachs Internal Audit, New York, Analyst is responsible for leading audits across business areas, assessing risk and control environments, and coordinating with senior management to implement robust control measures.

We seek detail-oriented team players with interest in financial markets and a fast-paced, global setting. The role offers exposure to liquidity, funding risk and governance processes within a premier financial institution.

Qualifications

• 0-3 years of prior work experience in a relevant field.
• Strong interpersonal and relationship management skills.
• Proficient to advanced MS Office (Excel, PowerPoint, Word, Outlook).

Responsibilities

• Lead audit execution, including planning, scoping, and reporting of risk-based and regulatory audits of business areas.
• Perform risk assessments of related units and monitor areas through discussions with senior management.
• Define audit scope, walkthroughs, test plans and evaluate control designs and operating effectiveness.
• Present scope, progress and results to management and assist with issue finalization with senior client management.
• Audit liquidity and funding risk controls, coordinating with team members across jurisdictions.
• Drive discussions on identified issues and remediation plans with stakeholders.
• Maintain ongoing talks with senior stakeholders to understand changes and assess control environment.

Skills

Interpersonal skills

Relationship management

Verbal communication

Written communication

MS Office

Attention to detail

Team player

Multi-tasking

Job description

Internal Audit, Corporate Treasury, New York, Analyst location_on New York, NY, United States

Internal Audit, Corporate Treasury, Analyst

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.

WHAT WE LOOK FOR

Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical, exercise professional skepticism and are able to challenge and discuss effectively with management on risks and control measures. We look for individuals who enjoy learning about audit, businesses and functions, have innovative and creative mindsets to adopt analytical techniques to enhance audit techniques, building relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment.

YOUR IMPACT

As the third line of defense, Internal Audit’s mission is to independently assess the firm’s internal control structure, including the firm’s governance processes and controls, and risk management and capital and anti-financial crime frameworks, raise awareness of control risk and monitor 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
• Raise awareness of control risk
• Assesses the firm’s control culture and conduct risks
• Monitors management’s implementation of control measures

Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including chartered accountants, developers, risk management professionals, cybersecurity professionals, and data scientists. We are organized into global teams comprising business and technology auditors to cover all the firm’s businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.

RESPONSIBILITIES

• Lead audit execution, including planning, scoping, and reporting of risk-based and regulatory required audits of business areas
• Perform risk assessments of related organization units and ongoing monitoring of covered areas by conducting discussions with senior management.
• Define audit scope, perform detailed walkthroughs to evaluate the adequacy of the control designs and develop test plans and perform testing to assess control operating effectiveness.
• Presenting the scope, progress, and results of the review to internal audit management, business stakeholders and assisting with negotiating finalization of issues with senior client management.
• Perform in depth audits of controls supporting liquidity and funding risk management, coordinating with team members across multiple jurisdiction
• Drive discussions with stakeholders on identified issues, identifying root causes, assessing appropriateness of remediation plans
• Maintain ongoing discussions with senior stakeholders to understand any changes to their organizations, business processes and products, as well as any significant internal and external events, in order to formulate a point of view of the control environment
• Develop annual audit coverage plan, including risk assess organization units, identifying high risk areas and fulfilling regulatory expectation and requirements

SKILLS AND RELEVANT EXPERIENCE

• 0-3 years of prior work experience in a relevant field
• Strong interpersonal, and relationship management skills
• Strong verbal and written communication skills
• Proficient to advanced skills with MS Office (Excel, PowerPoint, Word, Outlook)
• Highly organized with exceptional attention to detail and follow-through
• Team player with positive attitude and strong work ethic
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment

Preferred Experience:

• Effective audit mindset to be able to independently assesses the firm’s internal control structure in the areas of liquidity and funding risk management and its conformance with regulatory requirements
• Experience in a treasury function, liquidity risk management function, liquidity risk independent validation function, or internal audit role covering liquidity risk or treasury within the financial services industry or Big 4 risk advisory

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

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 Services

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).

Child Care & Family Care

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.