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. The firm is headquartered in New York and maintains offices in London, Birmingham, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and mindfulness classes to working from home and flexible work options, we offer our people the support they need to reach their goals in and outside the office.

BUSINESS UNIT AND ROLE OVERVIEW

The primary role of Internal Audit is to help protect the assets, reputation and sustainability of the organisation. Internal Audit independently assesses the firm’s internal control structure. We provide assurance that financial reporting is reliable, that there is compliance with applicable laws and regulations and that the firm’s operations are effectively controlled. We assist management in identifying risk and commercially managing risk by providing advice in developing control solutions and monitoring the implementation of management’s control measures.

Internal Audit assists the firm’s Board of Directors’ Audit Committee in fulfilling its oversight responsibilities and regularly interacts with the external independent auditors. Internal Audit is organised into global teams of business and technology auditors:

RESPONSIBILITIES AND QUALIFICATIONS
General Responsibilities:

Develop and maintain an in-depth understanding of business areas, its products, and supporting functions of  Goldman Sachs Bank SE (GSBE)Proactively identifying emerging risks of new and growing operations of GSBE to in order help the organization achieve its strategic objectivesAssist in every step of an audit, including documentation, across scoping, planning, fieldwork and reportingPerforming walkthroughs with stakeholders to perform control design assessments and presenting results of work performed to managementExecute audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standardsIdentify risks, assess mitigating controls, and make recommendations on improving the control environmentPrepare commercially effective audit conclusions and findings, and present to Internal Audit senior management and business stakeholdersFollow-up on open audit issues and their resolutionValidating management’s actions to remediate regulatory findings Establish and maintain internal client relationships and regularly interact with the business during the year to assess changes in the control environment and other matters arising in the business.Participate in department-wide initiatives aimed at continually improving IA's processes and supporting infrastructure

Specific Audit Skills and Experience:

6+ years of experience in internal audit or a related control function in financial services industrySolid understanding and knowledge of concepts and operations related to Treasury related risks specifically liquidity , market and/or credit riskAble to demonstrate good understanding of asset liability management and its impact on liquidity and funding risks Familiarity of EU risk and liquidity related regulations, such as Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) incorporated in the Capital Requirements Regulation (CRR) and Basel capital rulesExperience of transformation projects focusing on evaluating, recommending and implementing process driven enhancements with risk mitigating emphasis 

General Skills and Experience:

Able to work under minimal supervision on individual tasks or on team projects Team-oriented with a strong sense of ownership and accountabilityHighly motivated with strong analytical skills, willing and able to learn new business and system processes quickly Accurate, accountable and able to multitask while managing both time and work load4-year degree in a finance, accounting, or quantitative discipline, and ideally a graduate degree in a related subject; advanced degree is a plus. Relevant certification or industry accreditation (e.g. FRM, CIA, CFA) is a plus 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   © The Goldman Sachs Group, Inc., 2024. All rights reserved. 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.