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 55000 - 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. 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 workload
- 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
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Internal Audit, Global Markets Division Auditor, Associate/ Vice President, Birmingham employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in Birmingham where employees can thrive in the fast-paced world of finance. With a strong commitment to professional development, our team members benefit from extensive training opportunities and a culture that values diversity and inclusion. Join us to gain unique insights into global markets while contributing to the integrity and sustainability of our operations.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit, Global Markets Division Auditor, Associate/ Vice President, Birmingham
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Internal Audit, Global Markets Division Auditor, Associate/ Vice President, Birmingham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
