At a Glance
- Tasks: Join Goldman Sachs to assess financial controls and enhance audit processes.
- Company: A leading global investment banking firm with a commitment to diversity and inclusion.
- Benefits: Competitive salary, wellness programs, and professional development opportunities.
- Other info: Dynamic team environment with excellent career growth potential.
- Why this job: Gain unique insights into financial markets while making a real impact.
- Qualifications: 1-3 years in internal audit or risk roles; strong analytical and communication skills.
The predicted salary is between 50000 - 70000 £ per year.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.
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.
WHAT WE LOOK FOR
Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, 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 techniques, build relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment.
YOUR IMPACT
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.
RESPONSIBILITIES
- Develop and maintain a good understanding of business areas, its products, and supporting functions
- Plan and 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 IA senior management and business stakeholders
- Follow-up on open audit issues and their resolution
SKILLS AND RELEVANT EXPERIENCE
- Team-oriented with a strong sense of ownership and accountability
- Strong interpersonal and relationship management skills
- Strong verbal and written communication skills
- Solid analytical skills
- Good technical knowledge of relevant product areas
- Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
- 1-3 years of experience in internal audit, a risk role, or an independent validation function within the financial services industry or Big 4 risk advisory
- Relevant certification or industry accreditation (e.g., CPA, CFA, CIA) is a plus
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Internal Audit, Global Markets Audit, Analyst, London employer: Goldman Sachs
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 supportive culture that prioritises wellbeing and diversity. Our global presence ensures that you will be part of a diverse team, gaining invaluable insights into the financial industry while contributing to meaningful projects that impact our clients and communities.
StudySmarter Expert Advice🤫
We think this is how you could land Internal Audit, Global Markets Audit, Analyst, London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Goldman Sachs on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of financial markets and internal audit processes. We recommend practising common interview questions and having examples ready that showcase your analytical skills and teamwork.
✨Tip Number 3
Show your passion for the role! During interviews, express your interest in financial markets and how you can contribute to the team. We want to see your enthusiasm and how you align with Goldman Sachs' values.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows your appreciation and keeps you on their radar as they make their decision.
We think you need these skills to ace Internal Audit, Global Markets Audit, Analyst, London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Internal Audit role. Highlight relevant experience and skills that align with what we’re looking for, like analytical skills and teamwork. This shows us you understand the position and are genuinely interested.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about internal audit and how your background makes you a great fit. Be specific about your experiences and how they relate to the responsibilities outlined in the job description.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use examples from your past experiences to show how you’ve successfully tackled challenges or contributed to team projects. We love seeing how you’ve applied your skills in real-world situations.
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to us. 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
✨Know Your Stuff
Before the interview, dive deep into understanding Goldman Sachs and its Internal Audit function. Familiarise yourself with their products, services, and recent news. This will not only show your interest but also help you answer questions more effectively.
✨Show Off Your Analytical Skills
Prepare to discuss specific examples where you've demonstrated strong analytical skills or risk assessment in previous roles. Think of situations where you identified risks and suggested improvements. This aligns perfectly with what they’re looking for in a candidate.
✨Practice Professional Skepticism
During the interview, be ready to showcase your ability to challenge assumptions and ask insightful questions. This is crucial in Internal Audit, so think of scenarios where you had to question processes or controls and how you approached those discussions.
✨Build Rapport
Goldman Sachs values strong interpersonal skills, so make an effort to connect with your interviewers. Be personable, listen actively, and engage in a two-way conversation. This will demonstrate your relationship management skills and fit within their team-oriented culture.
