At a Glance
- Tasks: Assess and enhance the firm's internal controls in a dynamic financial environment.
- Company: Join Goldman Sachs, a leading global investment banking and securities firm.
- Benefits: Enjoy competitive pay, diverse opportunities, and a commitment to your growth.
- Other info: Be part of a diverse team driving innovation in financial services.
- Why this job: Make a real impact by ensuring the integrity of financial operations.
- Qualifications: 8+ years in technology audit with strong analytical and communication skills.
The predicted salary is between 80000 - 100000 € 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.
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, 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:
- 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 the firm’s businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering. Investment Management covers the firm's Private Wealth Management and Asset Management businesses. Investment Banking covers the firm's investment banking activities and Global Investment Research operations.
As a Technology Auditor, you will be involved in providing assurance on the data integrity and quality, applications stability and system operations used for the purposes of portfolio construction and management, deal workflows, investment research flows, reporting for internal and regulatory purposes, 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 regarding 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/Lead the risk assessment, scoping and planning of a review.
- Assist/Lead in executing the review, specifically focusing on the following:
- 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 IA automated document project repository as per the departmental guidelines.
- Assist/Lead in vetting audit observations.
- Assist/Lead in tracking, monitoring and recording remediation of risks identified in reviews.
Basic Qualifications:
- BE/B Tech/MCA/MBA in Systems/MSc or equivalent University degrees in technology
- At least 8+ years of experience in technology audit focusing on Financial Services Technology audit.
- Technology audit skills including an understanding of:
- System architecture, with high level understanding of databases, operating systems and messaging
- Prior experience of testing automated IT application controls
- System Development / Programming Languages / Databases
- System Architecture (Distributed/Messaging)
- Operating Systems
- Data analysis skills (SQL, ACL, or similar tools)
- Application security principles.
- System development lifecycle (SDLC).
- Management, monitoring and operations of technology (backups, change management, system monitoring, incident/problem management)
- Business continuity planning and disaster recovery design and implementation
- Security within the software development lifecycle
- Ability to review / develop code (OO languages like Java, C#, C++)
- Experience in managing audit engagements or technology projects
- Relevant Certification or industry accreditation (CISA, CISSP, etc)
- Ability to work effectively across a large global audit team, understanding the team's role in the overall strategy of the firm
- Strong written and verbal communication skills; strong interpersonal skills essential.
- Job requires frequent interaction with technology management
- Must be able to multitask while managing both time and workload
Internal Audit, Transaction Banking, Technology Audit, Vice President, Birmingham employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in Birmingham where innovation meets integrity. With a strong commitment to diversity and inclusion, employees benefit from extensive training and development opportunities, as well as wellness programs that support both personal and professional growth. Joining our Internal Audit team means being part of a global network of experts dedicated to maintaining the highest standards of control and risk management in the financial industry.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit, Transaction Banking, Technology Audit, Vice President, Birmingham
✨Tip Number 1
Network like a pro! Reach out to current employees at Goldman Sachs or in the internal audit field. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of financial markets. Be ready to discuss how your experience aligns with the role and how you can contribute to the team’s success.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Use real-life examples from your past experiences to demonstrate how you've tackled challenges in technology audit or risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Goldman Sachs.
We think you need these skills to ace Internal Audit, Transaction Banking, Technology Audit, Vice President, Birmingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the role. Highlight your experience in technology audit and how it relates to the financial services sector. We want to see how your skills align with our needs!
Showcase Your Skills:Don’t just list your qualifications; demonstrate them! Use specific examples from your past experiences that showcase your understanding of system architecture, data analysis, and technology controls. This helps us see your practical knowledge.
Be Clear and Concise:When writing your application, clarity is key. Use straightforward language and avoid jargon unless necessary. We appreciate a well-structured application that’s easy to read and gets straight to the point.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application reaches us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Goldman Sachs
✨Know Your Stuff
Make sure you brush up on your knowledge of technology audit principles, especially in the context of financial services. Be ready to discuss system architecture, databases, and application security principles. This will show that you’re not just a candidate but someone who understands the industry.
✨Showcase Your Experience
Prepare specific examples from your past roles where you’ve successfully led audits or managed technology projects. Highlight your experience with risk assessments and how you’ve contributed to improving control measures. This will demonstrate your hands-on expertise and problem-solving skills.
✨Ask Insightful Questions
During the interview, don’t hesitate to ask questions about the firm’s internal control structure and their approach to risk management. This shows your genuine interest in the role and helps you gauge if the company aligns with your career goals.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. Whether it’s discussing technical concepts or your previous experiences, being able to convey your ideas effectively will set you apart from other candidates.
