Internal Audit- Liquidity Risk Audit- Dallas-Associate

Job Description

INTERNAL AUDITIn Internal Audit, we ensure that Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring the firms 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. Were looking for detail-oriented team players who have an interest in financial markets and want to gain insight into the firms operations and control processes.WHAT WE LOOK FORGoldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical abilities, exercise professional skepticism, and can effectively challenge and discuss 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 thrive in teamwork within a fast-paced global environment.YOUR IMPACTAs the third line of defense, Internal Audits mission is to independently assess the firms internal control structure, including the firms governance processes and controls, and risk management and capital and anti-financial crime frameworks, raise awareness of control risk, and monitor the implementation of managements control measures. In doing so, Internal Audit:

• Communicates and reports on the effectiveness of the firms governance, risk management, and controls that mitigate current and evolving risk
• Raises awareness of control risk
• Assesses the firms control culture and conduct risks
• Monitors managements 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 firms businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cybersecurity 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

• 3 years of experience in internal audit, a capital planning role, or an independent validation function within the financial services industry or Big 4 risk advisory
• 4-year 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
• Any combination of core capital planning disciplines: capital planning governance, risk identification and scenario design, stressed projections for revenue, balance sheet, RWA and capital and credit, market and operational losses, quantitative and qualitative estimation methods and FR Y-14 submissions
• Knowledge of risk management disciplines: credit risk (commercial lending or trading counterparty credit), market risk, operational risk, funding/liquidity risk
• Liquidity Risk experience
• Knowledge of controls surrounding risk governance, risk measurement, Board and regulatory risk reporting
• Knowledge of capital adequacy related topics, including Basel Capital Accord regulatory requirements (advanced model-based and/or standardized frameworks)
• 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

Locations - Opportunity OverviewCORPORATE TITLE: AssociateOFFICE LOCATION(S): DallasJOB FUNCTION: Business AuditDIVISION: Internal AuditApply

Keyskills :
risk management analytical skillscommunication skillsdetail oriented team collaboration liquidity risk cpa risk reporting basel risk governance market risk risk identification commercial lending investment banking operational risk financial