Internal Audit, Corporate Treasury Analyst

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

Internal Audit, Corporate Treasury, Analyst

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.

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.

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.

• 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

• 0-3 years of prior work experience in a relevant…