Internal Audit - Salt Lake City - Associate, Business Audit - 4576324
About The Position
The Associate, Business Audit role at Goldman Sachs & Co. LLC in Salt Lake City, Utah, is responsible for providing independent assurance for the firm's internal control structure. This involves managing and performing audits, including planning, execution, and reporting, as well as managing issue remediation and continuously assessing risks to ensure the firm's control structure is adequate. The role also includes participating in firm control initiatives and assisting with risk-based and regulatory audits of business areas. The Associate will concurrently manage multiple audits, employing audit and analytical procedures to evaluate control effectiveness, and will discuss findings with local and global management. A key aspect of the role is driving discussions with senior business stakeholders to understand risk drivers and control states, and to formulate a view of the control environment. This includes defining audit scope, performing walkthroughs to assess control design adequacy, developing test plans, and conducting testing to evaluate control operating effectiveness. The Associate will also be responsible for drafting commercially effective audit reports with clear and concise findings. Additionally, the role involves participating in department-wide initiatives to improve Internal Audit's processes and supporting infrastructure, and analyzing data using various techniques to derive conclusions and inform business decisions.
Requirements
- Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Financial Risk Management, Business Analytics, or a related field.
- Three (3) years of experience in the job offered or in a related role.
- Three (3) years of experience assessing the likelihood and impact of internal control weaknesses.
- Three (3) years of experience participating in planning, scoping, and executing risk-based and regulatory required audits.
- Three (3) years of experience independently assessing a firm’s internal control structure and its conformance with regulatory requirements.
- Three (3) years of experience analyzing global macroeconomic environment and its interconnection with execution processes and enterprise risk to assess comprehensiveness of a firm’s risk inventory.
Responsibilities
- Provide independent assurance for the firm's internal control structure.
- Manage and perform audits, including planning, execution, and reporting.
- Manage issue remediation.
- Conduct ongoing assessment of risk and assurance work to form a view on the firm's control structure.
- Participate in firm control initiatives.
- Assist with planning, scoping, and execution of risk-based and regulatory required audits of business areas.
- Concurrently manage multiple audits, including planning and scoping.
- Employ audit and analytical procedures and techniques to assess the design and operating effectiveness of controls.
- Discuss audit results with the firm’s local and global management.
- Drive discussions with senior business stakeholders to understand risk drivers, control state, and impact.
- Formulate a point of view of the control environment.
- Define audit scope and perform detailed walkthroughs to evaluate the adequacy of control designs.
- Develop test plans and perform testing to assess control operating effectiveness.
- Drive report preparation by drafting commercially effective audit reports, including writing clear and concise findings.
- Participate in department-wide initiatives aimed at continually improving Internal Audit’s processes and supporting infrastructure.
- Analyze data by applying various data analysis techniques to derive conclusions and make business decisions to drive projects.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
