Internal Control Analyst Jobs in Dallas, TX (NOW HIRING)

Internal Audit, Analyst, Risk, Dallas

GOLDMAN SACHS

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 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