The Goldman Sachs Group, Inc

Internal Audit-Risk-Dallas-Analyst

The Goldman Sachs Group, Inc • $70K — $95K *
Dallas, TX 75217In-Person
Finance & Insurance
Less than 5 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or related fields
  • Effective audit mindset for assessing internal control structures
  • Strong interpersonal and relationship management skills
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving capabilities
  • Good technical knowledge of products and market risk metrics
  • Knowledge of capital adequacy topics, including Basel 2.5 and FRTB

Responsibilities

  • Lead audit execution, including planning and reporting of risk-based audits
  • Perform risk assessments and ongoing monitoring in collaboration with senior management
  • Define audit scope and conduct detailed walkthroughs to evaluate control designs
  • Present audit progress and results to management and liaise with stakeholders
  • Conduct in-depth audits of market risk controls and engage with specialists
  • Maintain discussions with senior stakeholders on changes affecting the control environment
  • Develop annual audit coverage plan to identify high-risk areas and meet regulatory expectations

Benefits

  • Access to training and development programs
  • Opportunities to work in diverse and global teams
  • Comprehensive health and wellness benefits
  • Participation in employee resource groups and networking events
  • Support for work-life balance initiatives
Full Job Description
Job Description

Internal Audit, Analyst, Risk, Dallas

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 a strong risk and control mindset, are analytical, exercise professional skepticism and can discuss and challenge effectively with management on key risks and control measures. We look for individuals who enjoy learning about audit, businesses and functions, have an innovative and creative mindset to adopt analytical techniques for audit requirements, build stakeholder relationships, and can evolve and thrive in a fast-paced team-oriented 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, risk management, 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
  • Raise 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
  • Lead audit execution, including planning, scoping, and reporting of risk-based and regulatory required audits of business areas
  • Perform risk assessments of related organization units and ongoing monitoring of covered areas, with active discussions with senior management across Internal Audit and the business
  • Define audit scope, perform detailed walkthroughs to evaluate the adequacy of control designs, develop test plans, and perform testing to assess control operating effectiveness
  • Present the scope, progress, and results of the review to Internal Audit management and liaise with business stakeholders on issue identification and resolution
  • Perform in depth audits of controls supporting market risk, and engage with market risk engineering and specialists to develop deep understanding of the relevant controls
  • Maintain ongoing discussions with senior stakeholders to understand any changes to organizational structures, business processes, and products, as well as any significant internal and external events, to formulate a point of view of the control environment
  • Develop annual audit coverage plan, including risk assess organization units, identifying high risk areas and meeting regulatory expectations


SKILLS AND RELEVANT EXPERIENCE
  • Bachelor's degree in Finance, Accounting, or related fields
  • Effective audit mindset to be able to independently assess the firm's internal control structure for market risk
  • Strong interpersonal, and relationship management skills
  • Strong verbal and written communication skills
  • Strong analytical and problem-solving skills
  • Good technical knowledge of products and relevant market risk metrics
  • Highly motivated with the ability to multi-task and remain organized in a fast-paced, team-oriented environment
  • Knowledge of capital adequacy related topics, spanning current and future capital regimes (i.e., Basel 2.5 and FRTB)


PREFERRED EXPERIENCE
  • Technical awareness and understanding of market risk management, stress testing, risk identification, limits / risk appetite, capital and regulatory reporting
  • 1+ years of experience in market risk analytics, management, reporting and risk governance, or an Internal Audit role covering market risk controls / processes within the financial services industry or Big 4 risk advisory

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

SEARCH GOLDMAN SACHS JOBS

READ CAREERS BLOG

At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

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