Job Description

Internal Audit - Wealth Management, Associate - Dallas

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset - we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office

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 strong risk and control mindsets, analytical, exercise professional skepticism and are able to challenge and discuss effectively 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, building relationships and are able to evolve and thrive in teamwork and in a fast-paced 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, and risk management and 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

Develop and maintain an in-depth understanding of Wealth Management business areas, relevant services and products offered, and supporting functions Execute and lead the completion of audits across various audit lifecycle phases including planning and scoping, fieldwork, and reporting within assigned timelines and in line with audit objectives Perform walkthroughs with first and second line of defense stakeholders to prepare process flowcharts, document narratives, and complete control design assessments Complete effectiveness testing and outcome-based testing to evaluate the operating effectiveness of relevant controls, while ensuring work-papers meet high quality standards Identify risks, assess the impact of control deficiencies and mitigating controls, and make recommendations on improving the control environment Prepare commercially effective audit conclusions and findings, and present to Internal Audit senior management and stakeholders Follow-up on open audit issues and perform validation testing of management's completed remediation plans to verify appropriateness of resolution Participate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructure Maintain internal stakeholder relationships and regular interaction with the business during the year to assess changes in the control environment and other business matters that may impact the Internal Audit plan and related third line of defense coverage

SKILLS AND RELEVANT EXPERIENCE

4+ years of experience in Internal Audit within the financial services industry 4-year degree in a finance, accounting, or quantitative discipline Knowledge of Private Wealth Advisory, Private Banking or Asset Management businesses, including supporting activities and related risks Familiarity with global regulations impacting investment management or private banking products and services Understanding of trading flows, capital markets and broker-dealer activities is a plus Highly motivated and exceptional organizational skills with the ability to multi-task and meet tight deadlines, while remaining organized in a fast-paced dynamic environment Team-oriented with a strong sense of ownership and accountability Strong leadership, interpersonal, and relationship management skills Robust verbal and written communication skills Thorough analytical skills with the ability to demonstrate sound judgement and professional skepticism Meticulous approach to identifying discrepancies or inadequacies, and hyper focus on attention to detail and precision Proficiency in Microsoft Office Suite applications Relevant certification or industry accreditation (e.g., CPA, CFA, CIA, NASD Series) is a plus Excellent critical thinking and problem-solving skills with the ability to be adaptable, resourceful, and learn firm and industry standards

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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html

We Offer Best-In-Class Benefits

Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.


Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.


Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities.


Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.


Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).


Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.


Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.



Opportunity Overview
CORPORATE TITLE
Associate
OFFICE LOCATION(S)
Dallas
JOB FUNCTION
Business Audit
DIVISION
Internal Audit