At a Glance
- Tasks: Join us in assessing and enhancing the firm's internal controls and risk management processes.
- Company: Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Diverse opportunities for growth, competitive salary, and a commitment to inclusion.
- Other info: Dynamic team with diverse backgrounds and excellent career development opportunities.
- Why this job: Make a real impact by ensuring effective controls in a fast-paced financial environment.
- Qualifications: Degree in Information Systems or related field; experience in technology auditing preferred.
The predicted salary is between 50000 - 70000 £ 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. 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.
What We Do
As the third line of defense, Internal Audit’s mission is to independently assess the firm’s internal control structure, including the firm’s governance processes and controls, risk management and capital and anti‑financial crime frameworks, raise awareness of control risk and monitor the implementation of management’s control measures. In doing so, Internal Audit:
- Communicates and reports on the effectiveness of the firm’s governance, risk management and controls that mitigate current and evolving risk
- Raises awareness of control risk
- Assesses the firm’s control culture and conduct risks
- Monitors management’s implementation of control measures
Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including chartered accountants, developers, risk management professionals, cybersecurity professionals, and data scientists. We are organized into global teams comprising business and technology auditors to cover all of the firm’s businesses and functions, including global banking & markets, asset & wealth management, risk management, finance, cyber‑security and technology risk, and engineering.
Who We Look For
Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, possess analytical skills, exercise professional skepticism and are able to challenge and discuss effectively with management on risks and control measures. We look for individuals who enjoy learning about audit, businesses and functions, have innovative and creative mindsets to adopt analytical techniques to enhance audit processes, build relationships and are able to evolve and thrive in a fast‑paced global environment.
Asset & Wealth Management covers the firm's Wealth Management, Public and Private Asset Management businesses. As a Technology Auditor, you will be involved in providing assurance on the integrity and quality of data used for the purposes of portfolio construction and management, deal workflows, investment research flows, reporting for internal and regulatory purposes, applications stability, system operations along with other general technology controls.
Your Impact
As part of the third line of defense, you will be involved in independently assessing the firm’s overall control environment, and communicating the results to the firm’s local and global management on the effectiveness of the firm’s controls that mitigate current and emerging risks, and monitoring the management’s implementation of control measures. In doing so, you are supporting the provision of independent, objective and timely assurance around the firm’s internal control structure, and supporting the Audit Committee, the Board of Directors and Risk Committee in fulfilling their oversight responsibilities.
Responsibilities
For each assigned review you will report to an experienced project manager. You will be expected to:
- Assist in scoping and planning of reviews.
- Assist in executing the reviews.
- Analyze the design of controls around the underlying system architecture in the context of information technology controls and its impact on the business.
- Analyze the business and technology processes to evaluate the design and effectiveness of the relevant technology controls by designing and executing tests to validate identified system control features, which may require data analysis, code inspection and re‑performance of system processes.
- Document the results of the test steps executed within the Internal Audit workflow application as per the departmental guidelines.
- Assist in vetting audit observations.
- Assist in tracking, monitoring and recording remediation of risks identified in reviews.
Qualifications
- BE/B Tech/MCA/MBA/MS in Information Systems or equivalent University degrees in technology
- 2-4 years of experience as a technology auditor covering IT application and general computer controls, application development, SQA, information security, technology consulting or other relevant industry experience
- Understanding of software development and system architecture
- High level understanding of databases, operating systems and messaging
- Proficiency in Excel and SQL
- Strong written and verbal communication skills
- Must be able to multitask while managing both timelines and workload
- Must be highly motivated with strong analytical skills, willing and able to learn new business and system processes quickly
- Financial Services knowledge and financial product knowledge is preferred
- Ability to review / develop code (Java, C#, Python, VBA macros etc.)
- Experience with Data Analytics tools and techniques
- Relevant certification or industry accreditation (e.g., CISA, CISSP etc.)
Internal Audit, Asset & Wealth Management Technology Audit, Analyst, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive training and development opportunities, alongside a culture that values diversity and inclusion. Our team-oriented approach ensures that every individual can contribute meaningfully while gaining unique insights into the financial industry and its operations.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit, Asset & Wealth Management Technology Audit, Analyst, London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs on LinkedIn. Ask them about their experiences and any tips they might have for landing a role in Internal Audit. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of financial markets and internal controls. Be ready to discuss how your skills align with the responsibilities of the role. We want to see your analytical mindset in action, so think of examples where you've tackled challenges head-on.
✨Tip Number 3
Show off your tech skills! If you’ve got experience with SQL, coding, or data analytics tools, make sure to highlight that during your conversations. The more you can demonstrate your technical prowess, the better your chances of impressing the hiring team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team. Keep an eye on the roles that pop up and don’t hesitate to apply early!
We think you need these skills to ace Internal Audit, Asset & Wealth Management Technology Audit, Analyst, London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Internal Audit role. Highlight your analytical skills, attention to detail, and any relevant technology experience to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're interested in the role and how your background makes you a great fit. Be genuine and let your personality come through.
Showcase Your Technical Skills:Since this role involves technology auditing, don’t forget to mention your proficiency in tools like SQL and Excel. If you have experience with coding or data analytics, make sure to include that too!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of financial markets and the specific technologies used in asset and wealth management. Familiarise yourself with common audit processes and controls, as well as any relevant regulations. This will help you demonstrate your understanding and interest in the role.
✨Show Off Your Analytical Skills
Prepare to discuss examples of how you've used analytical techniques in past roles. Think about situations where you identified risks or improved processes. Being able to articulate these experiences will show that you have the right mindset for a technology auditor.
✨Ask Smart Questions
During the interview, don’t hesitate to ask insightful questions about the firm’s internal control structure and how they assess risk. This not only shows your interest but also gives you a chance to engage with the interviewers and demonstrate your critical thinking skills.
✨Be a Team Player
Highlight your ability to work collaboratively in a team environment. Share examples of how you've successfully worked with others to achieve a common goal, especially in fast-paced settings. This is crucial for a role that involves communicating with various stakeholders across the firm.
