Internal Audit, Risk GBM Vice President, Dallas

In Internal Audit, we ensure that Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring the firm’s compliance with laws and regulations, and advising management on developing smart control solutions. Our group has unique insight on the financial industry and its products and operations. We’re looking for detail-oriented team players who have an interest in financial markets and want to gain insight into the firm’s operations and control processes.
Internal Audit - Global Banking and Markets Risk, Vice President - Dallas, Texas

 

What We Do
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

 

As the third line of defense, Internal Audit’s (IA) mission is to independently assess the firm’s overall control environment, including the firm’s governance processes and controls, and risk management and capital and anti-financial crime frameworks. In doing so, IA:

• Communicates and reports on the effectiveness of the firm’s governance, risk management and controls that mitigate current and evolving risk
• Raise awareness of control risk
• Assesses the firm’s control culture and conduct risks; and
• Monitors management’s implementation of control measures

 

IA supports the Board of Directors’ Audit Committee and senior firm leadership in fulfilling their oversight roles by independently assessing the firm’s internal control structure, raising awareness of control risk, providing advice to management in developing control solutions, and monitoring the implementation of management’s control measures. Global Markets Audit provides audit coverage for the Sales, Trading and Risk Management professionals in the firm’s Global Markets Division and related supporting control functions such as Operations, Engineering, Product Control and Compliance. 

Who We Look For
Goldman Sachs Internal Auditors demonstrate a strong risk and control mindset, are detail oriented, possess curiosity and sound judgment, and are able to adapt to a dynamic risk and regulatory landscape.  We look for individuals who can collaborate across global teams, foster lasting stakeholder relationships and can drive creative solutions to enhance audit techniques.

 

RESPONSIBILITIES AND QUALIFICATIONS

 

Responsibilities

• Develop and maintain an in-depth understanding of trading, sales, risk management and regulatory requirements in the business areas, products, and activities covered by Global Markets
• Lead audits focused on financial and non-financial risk management including project team management throughout the audit lifecycle (planning and scoping, fieldwork, and reporting) within assigned timelines and in line with audit objectives
• Drive walkthroughs with stakeholders to perform control design assessments and present results of work performed to Internal Audit senior management
• Execute and oversee audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
• Identify risks, assess mitigating controls, and make recommendations on improving the control environment
• Prepare commercially effective audit conclusions and findings, and present to Internal Audit senior management and business stakeholders
• Follow-up on open audit issues and validate their resolution
• Participate in department-wide initiatives aimed at continually improving Internal Audit's processes 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

 

Basic Qualifications

• Bachelor’s degree (or higher) in a finance, accounting, or quantitative discipline
• 8+ years of relevant work experience in Internal Audit in financial services
• Highly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environment
• Led project teams to deliver audits within assigned timelines and in line with stated audit objectives
• Excellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholders
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• Proficiency in Microsoft Office Suite
• Knowledge of financial markets, p