Internal Audit - Salt Lake City - Associate, Business Audit - 9302783
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![]() United States, Utah, Salt Lake City | |
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Job Duties: Associate, Business Audit with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Responsible for providing independent assurance for the firm's internal control structure. Assist with planning, scoping, and execution of risk-based and regulatory required audits of business areas and processes covering the firm's Global Banking and Markets division, including Sales, Trading, Compliance, and Operational support. Define audit scope and perform detailed walkthroughs to evaluate the adequacy of the control designs and develop test plans and perform testing to assess control operating effectiveness. Drive report preparation by drafting commercially effective audit reports, including writing clear and concise findings. Present the scope, progress, and results of the review to internal audit management, business stakeholders and assisting with negotiating finalization of issues with senior client management. Participate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructure. Analyze data by applying various data analysis techniques and data mining to derive conclusions and make business decisions to drive projects. Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Accounting, Financial Risk Management, or a related field and one (1) year of experience in the job offered or a related business audit role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Accounting, Financial Risk Management, or a related field and three (3) years of experience in the job offered or a related business audit role. Prior experience must include one (1) year of experience (with a Master's) or three (3) years of experience (with a Bachelor's) with: performing root cause analysis to assess the likelihood and impact of an internal control weaknesses identified during an audit; producing flowcharts to visually represent business process and business structure alongside identified key risks and controls; analyzing various trading businesses and the financial products they cover, including Mortgage, Structured Credit, Fixed Income, FX and Commodities, with a focus on evaluating their market-making activities, hedging activities, profit and loss summaries, price verification summaries, and valuation adjustment summaries; conducting market risk measurement for multi asset class portfolios including calculation of market risk exposures and sensitivities across a broad range of instruments including Commodities, Equities, Fixed Income, FX, Mortgages and Structured Credit; assessing a firm's internal control structure in the areas of market risk management and its conformance with regulatory requirements such as CFTC and FRBNY; and analyzing global macroeconomic environment and its interconnection with execution processes and enterprise risk to assess comprehensiveness of a firm's risk inventory. The Goldman Sachs Group, Inc., 2025. All rights reserved. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law. |