Internal Audit - Business Audit - Risk Associate - Birmingham

Internal Audit - Business Audit - Risk Associate - Birmingham

Full-Time 54000 - 66000 £ / year (est.) No working from home possible
WeAreTechWomen

At a Glance

  • Tasks: Assess financial controls and compliance while advising on smart solutions.
  • Company: Join Goldman Sachs, a leading global investment banking firm.
  • Benefits: Diverse opportunities for growth, training, and wellness programs.
  • Other info: Dynamic team environment with a commitment to diversity and inclusion.
  • Why this job: Gain unique insights into the financial industry and enhance your analytical skills.
  • Qualifications: Degree in finance or related field; experience in audit or risk management preferred.

The predicted salary is between 54000 - 66000 £ 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.

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 related to Treasury Risks 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

  • The role sits within the Internal Audit Corporate Risk team at Associate level
  • 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
  • Desirable to have technical knowledge of relevant product areas (e.g., Treasury, liquidity/capital risks, stress testing)
  • Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
  • 3-7 years of experience in internal audit, treasury, risk management role, or an independent validation function within the financial services industry or Big 4 risk advisory
  • Degree in a finance, accounting, risk management or quantitative discipline, and ideally a graduate degree in a related subject
  • 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.

Internal Audit - Business Audit - Risk Associate - Birmingham employer: WeAreTechWomen

At Accenture, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London office provides unparalleled opportunities for professional growth, with access to cutting-edge AI technologies and the chance to work alongside industry leaders. We are committed to your development, ensuring you have the resources and support needed to thrive in your role as a Senior Manager/Associate Director in AI architecture.

WeAreTechWomen

Contact Details:

WeAreTechWomen Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Internal Audit - Business Audit - Risk Associate - 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 WeAreTechWomen. 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 - Business Audit - Risk Associate - Birmingham

Analytical Skills
Attention to Detail
Risk Management
Internal Audit
Communication Skills
Interpersonal Skills
Relationship Management

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 WeAreTechWomen.

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 WeAreTechWomen'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 WeAreTechWomen

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 WeAreTechWomen.

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 WeAreTechWomen 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 WeAreTechWomen 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.