At a Glance
- Tasks: Join our team to assess and enhance internal controls in a fast-paced environment.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy professional growth, wellness programs, and a supportive work culture.
- Why this job: Gain unique insights into financial markets while working with diverse professionals in technology and audit.
- Qualifications: 9+ years of experience in tech or finance, with strong analytical and communication skills required.
- Other info: Opportunities for coaching and development within a collaborative global team.
The predicted salary is between 72000 - 108000 £ per year.
INTERNAL AUDIT
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.
TEAM OVERVIEW
Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical skills, exercise professional scepticism, 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 techniques, build relationships, and are able to evolve and thrive in teamwork and in a fast-paced global environment. Expertise in financial crime controls, in particular those related to transaction banking and consumer AML compliance.
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 the firm\’s businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.
THE ROLE AND RESPONSIBILITIES
As the third line of defence, Internal Audit\’s mission is to independently assess the firm\’s internal control structure, including the firm\’s governance processes and controls, and 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 performs the following duties:
- 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
Additional responsibilities include:
- Performing regular risk assessments for the area of coverage
- Regularly meeting with business/engineering stakeholders and building strong relationships with management
- Continuously monitoring business and technology developments
- Monitoring regulatory requirements and developments, as well as industry standards
- Performing and leading audit work, including defining the scope of risks and controls assessment of controls design and effectiveness, reviewing audit work and reporting findings to internal and external management
- Validating the closure of management action points
- Managing, coaching and developing team members
SKILLS AND EXPERIENCE REQUIRED
- 9+ years’ work experience, and a degree in Computer Science, Information Security, Engineering, or equivalent discipline.
- Knowledge of financial markets, products and services.
- Understanding of management, monitoring, operations, and disaster recovery of systems with high availability.
- Experience with Data Analytics tools and techniques.
- Ability to review/develop code (Java, C++, Python, etc.)
- Cloud security/risk concepts, architecture, controls, implementation, and assessment.
- Security within the software development lifecycle and Infrastructure as Code.
- Vulnerability assessment and penetration testing methodologies and processes.
- Security risks related to web, mobile, serverless and containerized applications, and network infrastructure.
- Relevant technology standards and regulations – NIST Cyber Security Framework, Cloud Security Alliance CCM, FFIEC CAT, ISO 27001, GDPR, NYSDFS, data privacy rules, FFIEC IT handbooks etc.
- Ability to work effectively across a large audit team, understanding the team\’s role in the overall strategy of the firm.
- Written and verbal communication skills a must; strong interpersonal skills essential. Job requires frequent interaction with technology management.
- Must be able to multitask while managing both time and workload.
- Must be highly motivated with strong analytical skills, willing and able to learn new business and system processes quickly.
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We\’re committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Internal Audit, Technology Audit, Cyber Security, Vice President, Birmingham employer: Goldman Sachs Group, Inc.
Contact Detail:
Goldman Sachs Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internal Audit, Technology Audit, Cyber Security, Vice President, Birmingham
✨Tip Number 1
Familiarise yourself with the specific technologies and frameworks mentioned in the job description, such as the NIST Cyber Security Framework and ISO 27001. This knowledge will not only help you understand the role better but also demonstrate your commitment to the field during interviews.
✨Tip Number 2
Network with professionals in the internal audit and cybersecurity fields. Attend industry events or webinars where you can meet people from Goldman Sachs or similar firms. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on the latest trends and regulations in financial crime controls and cybersecurity. Being knowledgeable about current events and changes in the industry will allow you to engage in meaningful discussions during interviews and show that you are proactive.
✨Tip Number 4
Prepare for behavioural interview questions by reflecting on your past experiences in team settings and how you've handled challenges. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your analytical skills and ability to work under pressure.
We think you need these skills to ace Internal Audit, Technology Audit, Cyber Security, Vice President, Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in internal audit, technology audit, and cyber security. Emphasise your analytical skills and any experience you have with financial markets or compliance.
Craft a Strong Cover Letter: In your cover letter, express your interest in the role and how your background aligns with Goldman Sachs' mission. Mention specific skills such as data analytics tools, coding languages, and your understanding of financial crime controls.
Showcase Relevant Skills: Clearly outline your technical skills related to cloud security, vulnerability assessment, and risk management. Use examples from your past work to demonstrate your expertise in these areas.
Highlight Teamwork and Communication: Since the role requires strong interpersonal skills, provide examples of how you've successfully collaborated with teams and communicated effectively with management in previous positions.
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the role of Internal Audit at Goldman Sachs. Familiarise yourself with their mission to assess internal controls and risk management processes. This will help you articulate how your skills align with their needs.
✨Showcase Your Technical Skills
Given the emphasis on technology and cybersecurity, be prepared to discuss your experience with data analytics tools, coding languages like Java or Python, and your understanding of cloud security concepts. Highlight specific projects where you've applied these skills.
✨Demonstrate Your Analytical Mindset
Goldman Sachs values strong analytical skills and a risk-oriented mindset. Prepare examples from your past work where you identified risks, implemented controls, or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Prepare for Behavioural Questions
Expect questions that assess your teamwork and communication skills, as well as your ability to thrive in a fast-paced environment. Think of instances where you've successfully collaborated with others or navigated challenging situations, and be ready to share those stories.