Internal Audit - Salt Lake City - Associate, Business Audit - 9490914

Goldman Sachs • Salt Lake City, UT

7d • Onsite

About The Position

Develop and maintain an in-depth understanding of the firm’s businesses, products, regulations, risks and controls in subject areas including Equities. Execute audits including planning and scoping, fieldwork and audit test plans, and reporting. Drive walkthroughs with stakeholders across the aligned segment to understand risk drivers, and challenge control state to assess control design and control environment. Design and conduct audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards within audit delivery timelines. Coordinate with various audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environment. Communicate and prepare written reports on the audit conclusions and findings, and present to Internal Audit senior management and stakeholders across business and engineering. Follow-up on open audit issues and operational risk incidents to validate management’s resolution is adequate to address risks. Participate in department-wide initiatives aimed at continually improving Internal Audit's processes, methodology and supporting infrastructure. Develop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment and coordinate on audit coverage strategies.

Requirements

• Master’s degree (U.S. or foreign equivalent) in Finance, Accounting, Business Administration, Information Systems, or a related field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Business Administration, Information Systems, or a related field and three (3) years of experience in the job offered or in a related role.
• Prior work experience must include one (1) year of experience (with a Master’s degree) or three (3) years of experience (with a Bachelor’s degree) with: utilizing knowledge of trading workflows and risk assessment fundamentals, plan and execute risk-based and regulatory required audits of Sales, Trading and Operations processes; validating trade lifecycle processes and controls are performed consistently to identify control failures; independently assessing a firm’s internal control structure in the areas of financial and non-financial risk management and its conformance with regulatory requirements; analyzing market and financial data using data analysis and data visualization techniques to assess the likelihood and impact of an internal control weaknesses; concurrently working on multiple project deliverables and ongoing risk assessment through continuous monitoring of internal controls through engagements with both internal and external stakeholders; and analyzing global macroeconomic environment and industry news and its interconnection with execution processes and enterprise risk to assess business strategy, revenue drivers, inherent risks and the control environment.

Responsibilities

• Develop and maintain an in-depth understanding of the firm’s businesses, products, regulations, risks and controls in subject areas including Equities.
• Execute audits including planning and scoping, fieldwork and audit test plans, and reporting.
• Drive walkthroughs with stakeholders across the aligned segment to understand risk drivers, and challenge control state to assess control design and control environment.
• Design and conduct audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards within audit delivery timelines.
• Coordinate with various audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environment.
• Communicate and prepare written reports on the audit conclusions and findings, and present to Internal Audit senior management and stakeholders across business and engineering.
• Follow-up on open audit issues and operational risk incidents to validate management’s resolution is adequate to address risks.
• Participate in department-wide initiatives aimed at continually improving Internal Audit's processes, methodology and supporting infrastructure.
• Develop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment and coordinate on audit coverage strategies.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level