At a Glance
- Tasks: Audit financial controls and ensure compliance in a dynamic team environment.
- Company: Join Goldman Sachs, a leading global investment banking firm with a commitment to diversity.
- Benefits: Enjoy professional development, wellness programs, and a supportive workplace culture.
- Other info: Opportunities for career growth and involvement in innovative audit processes.
- Why this job: Gain unique insights into financial markets while protecting the firm's assets and reputation.
- Qualifications: 7+ years in auditing, strong analytical skills, and a passion for financial markets.
The predicted salary is between 72000 - 108000 £ per year.
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. The primary role of Internal Audit is to help protect the assets, reputation and sustainability of the organization.
IA assists the firm's Board of Directors Audit Committee in fulfilling its oversight responsibilities and regularly interacts with the external independent auditors. The IA Global Markets team in Birmingham is responsible for auditing Global Markets business areas, its products across Fixed Income and Equities, and supporting functions within the EMEA (Europe, Middle East and Africa) region.
We are 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 and learn more about Global Markets.
HOW YOU WILL FULFIL YOUR POTENTIAL- Collaborate and work as a team across IA Global Markets, IA and Goldman Sachs
- Develop and maintain an in-depth understanding of Global Markets, its products, and supporting functions
- Use and develop data analytics (DA)/computer assisted audit tools and techniques to assist in execution of audits and risk assessment
- Assist in every step of an audit, including documentation, across scoping, planning, fieldwork and reporting
- Perform walkthroughs with stakeholders to perform control design assessments and presenting results of work performed to management
- Execute 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 their resolution
- Participate in department-wide initiatives aimed at continually improving Internal Audit’s processes and supporting infrastructure
- Approximately 7 years + of prior experience in auditing controls. This could be in an IA team, or consulting, regulatory body or a related control function, with controls testing as part of your role, i.e. compliance testing group or a risk and control team.
- Project management experience, including oversight and leadership of junior staff
- Thorough understanding of Risk Management (Market, Credit, Liquidity, Operational and Model Risk Management) and financial products
- Knowledge of financial markets rules and regulations (CFTC, FINRA, Volcker, SEC, etc.)
- Team-oriented with a strong sense of ownership and accountability and able to work under minimal supervision on individual tasks or on team projects
- Accurate, accountable and able to multitask while managing both time and work load
- Highly motivated with strong analytical skills, willing and able to learn new business and system processes quickly
- Relevant certification or industry accreditation (e.g., ACA, CAMS, CIA, CFA) is a plus
- Graduate degree, preferably in a related subject, science and humanity degrees as well as more specific accountancy or economics degrees will be considered
Internal Audit, Global Markets Division Auditor, Vice President, Birmingham Birmingham · United[...] employer: Goldman Sachs Bank AG
Goldman Sachs is an exceptional employer, offering a dynamic work environment in Birmingham that fosters collaboration and professional growth. With a strong commitment to diversity and inclusion, employees benefit from extensive training opportunities, wellness programs, and a culture that values individual contributions. Joining our Internal Audit team means being part of a prestigious firm where your insights directly impact the financial industry and contribute to the sustainability of our operations.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit, Global Markets Division Auditor, Vice President, Birmingham Birmingham · United[...]
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs, especially in the Internal Audit team. A friendly chat can give us insider info and might even lead to a referral.
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge of financial markets and audit processes. We want to show that we’re not just detail-oriented but also genuinely interested in how Goldman Sachs operates.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. This will help us articulate our experiences and skills confidently, making a great impression on the interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re serious about joining the Goldman Sachs family.
We think you need these skills to ace Internal Audit, Global Markets Division Auditor, Vice President, Birmingham Birmingham · United[...]
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Audit role. Highlight your experience in auditing controls and any relevant certifications. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re interested in the Global Markets Division and how your background makes you a great fit. Let’s see your passion for financial markets!
Showcase Your Team Spirit:We’re all about collaboration here at StudySmarter. Make sure to mention any team projects or experiences that demonstrate your ability to work well with others. We love detail-oriented team players!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the info you need about the role and our company culture there.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Financial Markets
Make sure you brush up on your knowledge of financial markets, especially in relation to Fixed Income and Equities. Understanding the products and operations within these areas will not only impress your interviewers but also help you answer questions more confidently.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used data analytics or computer-assisted audit tools in your previous roles. Highlighting your analytical skills and how they contributed to successful audits will demonstrate your fit for the role.
✨Be a Team Player
Since this role requires collaboration across various teams, be ready to share experiences where you worked effectively in a team setting. Emphasise your ability to take ownership and accountability while also supporting your colleagues.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your risk management understanding and decision-making process. Practise articulating how you would identify risks, assess controls, and make recommendations based on hypothetical situations relevant to the role.
