Internal Audit, FICC, Vice President, Salt Lake City

Job Description

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.

Team Overview

Goldman 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

• Develop and maintain an in-depth understanding of the firm’s Swap Dealer compliance program
• Manage and execute audits focused on the firm’s compliance with the Swap Dealer requirements including planning and scoping, fieldwork and audit test plans, and reporting
• Manage and execute audits focused on the firm’s Fixed Income, Currencies and Commodities Sales and Trading desks, including planning and scoping, fieldwork and reporting.
• Strong knowledge of fixed income cash and derivative products, processes, valuations, risk management, trading practices and regulatory requirements.
• Drive walkthroughs with stakeholders to perform control design assessments
• Lead audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
• Collaborate with business and engineering audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environment
• Strong critical thinking and business acumen, ability to understand and communicate complex control deficiencies, identify root cause, recommend and influence control enhancements
• Ability to effectively communicate and report on the audit conclusions and findings, and present to Internal Audit senior management and business stakeholders
• Follow-up on open audit issues and validate their resolution
• Participate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructure
• Develop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment
  
  

Skills And Relevant Experience

• Bachelor’s degree (or higher) in a relevant discipline
• 8-10 years of relevant work experience in Internal Audit, Compliance, or Risk functions
• Prior 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 rules
• Prior experience in and understanding of fixed income products and markets
• Highly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environment
• Excellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholders
• Strong leadership, interpersonal, and relationship management skills
  
  

Preferred Qualifications

• Relevant certification or industry accreditation (e.g., CPA, CIA, CFA) is a plus
• Experience of managing audit engagements and teams across locations
• Proficiency in Microsoft Office tools such as Excel, Word, PowerPoint
• Experience with Data Analytics tools and techniques
  
  

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. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

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.