Internal Audit - Business Auditor - Asset Management / Banking - Vice President - Bengaluru

Internal Audit - Business Auditor - Asset Management / Banking - Vice President - Bengaluru

What We Do 

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; and 

• 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. 

Who We Look For

 Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical skills, 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.

Asset Management/Banking – Business Audit

As an Asset Management/Banking – Business Auditor, you will be involved in audits of various operations processes that support the asset management and investment banking business of the firm to provide assurance on the controls related to trade booking, middle office operations, settlements, investment due diligence along with other general business controls such as balance substantiations, Sarbanes-Oxley 404 control assessments and other processes that support functions of Asset Management/Banking divisions.

Your Impact

As part of the third line of defense, you will be involved in independently assessing the firm’s overall control environment, communicating the results of the effectiveness of the firm’s controls that mitigate current and emerging risks, to the firm’s local and global management and monitoring the management’s implementation of control measures. In doing so, you are supporting the provision of independent, objective and timely assurance around the firm’s internal control structure, and supporting the Audit Committee, the Board of Directors and Risk Committee in fulfilling their oversight responsibilities.

Responsibilities

As a Vice President, you will be responsible for managing audit deliverables through effective project management and review of the work performed by the team. You will be involved in planning the scope of the audit, managing the audit team through audit execution and discuss results of the audit with the firms local and global management and other key stakeholders. You will play a vital role in execution of the divisions’ annual audit plan focusing on the review of operations processes and analyzing the risks involved and assessing the design and operating effectiveness of the controls implemented to mitigate the risk. In addition, you will also monitor and follow up with management on the resolution of the open audit findings and maintain stakeholder relationship to monitor risk in their space. Job responsibilities also include driving the department’s continuous monitoring effort to cover operations incidents, market and regulatory events, business and technology updates. You are strongly encouraged to participate in department-wide initiatives aimed at continually improving IA's processes and supporting infrastructure.

Basic Qualifications

• Chartered Accountant /Certified Financial Analyst /Master in Business Administration specialized in Finance / Masters or equivalent University degrees in Accounting / Finance.
• Atleast 9 years of experience in risk based operations / process audits preferably focusing on financial services
• Experience in managing audit engagements, with good judgement to think ahead and plan for contingencies
• Strong technical skills required for the role with attention to detail, strong analytical and succinct documentation skills
• Experience in people management and adaptable to differential ways of working
• Strong written and verbal communication skills, interpersonal skills, as the job requires frequent interaction with cross functional teams and various hierarchy within management
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment

Preferred Qualifications

• Experience with data analytics tools and techniques 

• Relevant certification or industry accreditation
• Knowledge of Financial Products and Services
• Capable of efficiency improvement or automated solutions that assist audit work

About GS

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.

 

Experience Level

Executive Level