Job Duties: Associate, Business Audit with Goldman Sachs & Co. LLC in New York, New York. Assist with planning, scoping, and execution of risk-based and regulatory required audits of business areas and processes covering the firm’s Sales, Trading, Compliance, and Operational support. Define audit scope and perform detailed walkthroughs to evaluate the adequacy of the control designs and develop test plans and perform testing to assess control operating effectiveness. Drive report preparation by drafting commercially effective audit reports, including writing clear and concise findings. Present the scope, progress, and results of the review to internal audit management, business stakeholders and assisting with negotiating finalization of issues with senior client management. Participate in department-wide initiatives aimed at continually improving Internal Audit’s processes and supporting infrastructure. Analyze data by applying various data analysis techniques and data mining to derive conclusions and make business decisions to drive projects.
Job Requirements: Master’s degree (U.S. or foreign equivalent) in Finance, Accounting, Financial Risk Management, or a related quantitative field and one (1) year of experience in job offered or a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Financial Risk Management, or a related quantitative field and three (3) years of experience in job offered or a related role. Must have one (1) year of experience (with a Master’s degree) or three (3) years of experience (with a Bachelor’s degree) with: audit planning and scoping through risk assessment by performing data analytics; leading control walk-throughs, designing audit approach, and conducting control design and operation effectiveness tests with appropriate sample approach; effectively challenging the control, assessing the impact of any control findings identified, and communicating findings to senior audit management; performing analytical reviews of audit documents and preparing the documentation supporting audit opinions; participating in the completion of audit reports and interacting with stakeholders to discuss field audit issues; working with current market trends and audit procedures and sharing that knowledge with junior colleagues for their development; and communicating internally and externally on projects to ensure deliverables are issued on time.
Salary Range: Annual base salary for this New York, New York-based position is $95,000 - $154,000.