The Goldman Sachs Group
Internal Audit - Securities Regulations -Vice President-Salt Lake City
The Goldman Sachs Group, Salt Lake City, Utah, United States, 84193
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 DoThe Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
As the third line of defense, Internal Audit's (IA) mission is to independently assess the firm's overall control environment, including the firm's governance processes and controls, and risk management and capital and anti-financial crime frameworks. In doing so, IA:
Communicates and reports on the effectiveness of the firm's governance, risk management and controls that mitigate current and evolving riskRaise awareness of control riskAssesses the firm's control culture and conduct risks; andMonitors management's implementation of control measures
IA supports the Board of Directors' Audit Committee and senior firm leadership in fulfilling their oversight roles by independently assessing the firm's internal control structure, raising awareness of control risk, providing advice to management in developing control solutions, and monitoring the implementation of management's control measures. Global Banking and Markets Audit provides audit coverage for the firm's Global Banking and Markets Division and related supporting control functions such as Operations, Engineering, Product Control and Compliance.
Who We Look ForGoldman Sachs Internal Auditors demonstrate a strong risk and control mindset, are detail oriented, possess curiosity and sound judgment, and are able to adapt to a dynamic risk and regulatory landscape. We look for individuals who can collaborate across global teams, foster lasting stakeholder relationships and can drive creative solutions to enhance audit techniques.
RESPONSIBILITIES AND QUALIFICATIONS
Responsibilities
Develop and maintain an in-depth understanding of the firm's Swap Dealer compliance programManage and execute audits focused on the firm's compliance with the Swap Dealer requirements including planning and scoping, fieldwork and audit test plans, and reportingDrive walkthroughs with stakeholders to perform control design assessmentsLead audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standardsCoordinate with business and engineering audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environmentCommunicates and reports on the audit conclusions and findings, and present to Internal Audit senior management and business stakeholdersFollow-up on open audit issues and validate their resolutionParticipate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructureDevelop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment
Basic Qualifications
Bachelor's degree (or higher) in a relevant discipline8-10 years of relevant work experience in Internal Audit, Compliance, or Risk functionsPrior experience in and understanding of laws, rules, and regulations pertaining to swap dealer requirements, including Title VII of the Dodd-Frank Act, associated CFTC and SEC regulations, and NFA rulesPrior experience in and understanding of swaps and other derivative productsHighly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environmentExcellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholdersStrong leadership, interpersonal, and relationship management skills
Preferred Qualifications
Relevant certification or industry accreditation (e.g., CPA, CIA) is a plusExperience of managing audit engagements and teams across locationsProficiency in Microsoft Office tools such as Excel, Word, PowerPointExperience with Data Analytics tools and techniques
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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What We DoThe Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
As the third line of defense, Internal Audit's (IA) mission is to independently assess the firm's overall control environment, including the firm's governance processes and controls, and risk management and capital and anti-financial crime frameworks. In doing so, IA:
Communicates and reports on the effectiveness of the firm's governance, risk management and controls that mitigate current and evolving riskRaise awareness of control riskAssesses the firm's control culture and conduct risks; andMonitors management's implementation of control measures
IA supports the Board of Directors' Audit Committee and senior firm leadership in fulfilling their oversight roles by independently assessing the firm's internal control structure, raising awareness of control risk, providing advice to management in developing control solutions, and monitoring the implementation of management's control measures. Global Banking and Markets Audit provides audit coverage for the firm's Global Banking and Markets Division and related supporting control functions such as Operations, Engineering, Product Control and Compliance.
Who We Look ForGoldman Sachs Internal Auditors demonstrate a strong risk and control mindset, are detail oriented, possess curiosity and sound judgment, and are able to adapt to a dynamic risk and regulatory landscape. We look for individuals who can collaborate across global teams, foster lasting stakeholder relationships and can drive creative solutions to enhance audit techniques.
RESPONSIBILITIES AND QUALIFICATIONS
Responsibilities
Develop and maintain an in-depth understanding of the firm's Swap Dealer compliance programManage and execute audits focused on the firm's compliance with the Swap Dealer requirements including planning and scoping, fieldwork and audit test plans, and reportingDrive walkthroughs with stakeholders to perform control design assessmentsLead audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standardsCoordinate with business and engineering audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environmentCommunicates and reports on the audit conclusions and findings, and present to Internal Audit senior management and business stakeholdersFollow-up on open audit issues and validate their resolutionParticipate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructureDevelop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment
Basic Qualifications
Bachelor's degree (or higher) in a relevant discipline8-10 years of relevant work experience in Internal Audit, Compliance, or Risk functionsPrior experience in and understanding of laws, rules, and regulations pertaining to swap dealer requirements, including Title VII of the Dodd-Frank Act, associated CFTC and SEC regulations, and NFA rulesPrior experience in and understanding of swaps and other derivative productsHighly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environmentExcellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholdersStrong leadership, interpersonal, and relationship management skills
Preferred Qualifications
Relevant certification or industry accreditation (e.g., CPA, CIA) is a plusExperience of managing audit engagements and teams across locationsProficiency in Microsoft Office tools such as Excel, Word, PowerPointExperience with Data Analytics tools and techniques
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
#J-18808-Ljbffr