Internal Audit - New York - Associate, Business Audit - 10171389

Goldman Sachs•New York, NY

8d•$98,000 - $141,000•Onsite

About The Position

Responsible for providing independent assurance for the firm's risk management framework internal controls. Assist with planning, scoping, and execution of risk-based and regulatory required audits of business areas and processes. 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 report preparation by drafting commercially effective audit reports, including writing clear and concise findings. Present 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. Participate in department-wide initiatives aimed at continually improving Internal Audit’s processes and supporting infrastructure. Analyze data by applying various data analysis techniques and data mining to derive conclusions and make business decisions to drive projects.

Requirements

Master’s degree (U.S. or foreign equivalent) in Finance, Accountancy, Financial Risk Management, Mathematics, Statistics or 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, Accountancy, Financial Risk Management, Mathematics, Statistics or related field, and three (3) years of experience in the job offered or in a related role.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience executing risk-based and regulatory audits to assess the design and operating effectiveness of risk management and internal controls.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience developing comprehensive audit testing plans and scopes, employing audit and analytical procedures to identify and assess risks across business areas.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience drafting commercially effective audit findings and reports, articulating clear and concise findings for internal audit management.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience presenting audit scope, progress, and results, and negotiating finalization of issues with senior management and stakeholders.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience utilizing various data analysis techniques and data mining to derive actionable conclusions and inform business decisions for project execution.
One (1) year (with a Master’s degree) or three (3) years (with a Bachelor’s degree) of experience managing multiple concurrent audits, ensuring adherence to established timelines and quality standards.

Responsibilities

Provide independent assurance for the firm's risk management framework internal controls.
Assist with planning, scoping, and execution of risk-based and regulatory required audits of business areas and processes.
Assist with multiple audits concurrently, including planning and scoping.
Employ audit and analytical procedures and techniques to assess the design and operating effectiveness of controls to mitigate risks.
Discuss audit results with local and global management.
Drive report preparation by drafting commercially effective audit reports with clear and concise findings.
Present the scope, progress, and results of the review to internal audit management and business stakeholders.
Assist with negotiating finalization of issues with senior client management.
Participate in department-wide initiatives to improve Internal Audit's processes and supporting infrastructure.
Analyze data using various data analysis techniques and data mining to derive conclusions and make business decisions for project execution.