Internal Audit, Wholesale Credit Risk, Vice President, New York

Goldman Sachs•New York, NY

1d•Onsite

About The Position

The primary role of Internal Audit is to help protect the assets, reputation and sustainability of the organization. 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 external independent auditors. Internal Audit is organized into global teams of business and technology auditors.

Requirements

Strong understanding of credit risk management and credit life cycle
Relevant experience in internal/external audit or risk management
Ability to manage multiple concurrent projects
Strong written and verbal communication skills
An ability to work effectively across a large global audit team
Good attention to detail; strong analytical skills
Ability to manage multiple tasks and work well under pressure
Strong understanding of risks and controls
Strong interpersonal and communication skills
Highly motivated, self-starter

Responsibilities

Lead audit projects across planning, fieldwork and reporting.
Lead the planning and scoping reviews by meeting relevant stakeholders to understand and walk through the business and technology processes to identify the key risks and controls to be assessed.
Lead the preparation of the audit testing program and assessment of the adequacy of the design and operation of the controls associated with the key risks identified
Organize the team delivery in line with timeline
Assess the risk and impact of the issues identified on reviews and assist with production of the report to management.
Follow up with stakeholders on remediation of actions coming out of issues identified during audits.
Engage in ad hoc work on firmwide projects around new processes or activities and investigation of incidents.
Liaise with colleagues globally to understand global processes and facilitate benchmarking of best practice.
Establish and maintain internal relationships with key stakeholders and regularly interact with the business during the year to assess changes in the control environment and other matters arising in the business.