Internal Audit - Salt Lake City - Associate, Business Audit - 10171411

Goldman Sachs•Salt Lake, UT

10d•Onsite

About The Position

Responsible for providing independent assurance for the firm's internal control structure. Responsibilities include management and performance of the audit including planning, execution and reporting; management of issue remediation; ongoing assessment of risk including sufficient assurance work to form a view as to 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. Assist with multiple audits concurrently, including the planning and scoping of the audits, employing audit and analytical procedures and techniques to assess the design and operating effectiveness of the controls to mitigate risks, and discussing the results with the firm’s local and global management. Drive discussions with senior business stakeholders to understand risk drivers, control state, and impact in order to formulate a point of view of the control environment. Define audit scope and perform detailed walkthroughs to evaluate the adequacy of the control designs and 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.

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 in assessing the likelihood and impact of internal control weaknesses
Three (3) years of experience in participating in planning, scoping, and executing risk-based and regulatory required audits
Three (3) years of experience in independently assessing a firm’s internal control structure and its conformance with regulatory requirements
Three (3) years of experience in analyzing enterprise risks, assessing mitigating controls and their interconnection with execution processes and comprehensiveness of a firm’s risk inventory
Three (3) years of experience in evaluating risk remediation actions and resolution of a firm’s operations control issues

Responsibilities

Management and performance of the audit including planning, execution and reporting
Management of issue remediation
Ongoing assessment of risk including sufficient assurance work to form a view as to 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
Assist with multiple audits concurrently, including the planning and scoping of the audits
Employ audit and analytical procedures and techniques to assess the design and operating effectiveness of the controls to mitigate risks
Discuss the results with the firm’s local and global management
Drive discussions with senior business stakeholders to understand risk drivers, control state, and impact in order to formulate a point of view of the control environment
Define audit scope and perform detailed walkthroughs to evaluate the adequacy of the 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