Associate, INT4853884

Goldman Sachs
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Posted on: 13 Mar 2021

New York City, New York

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Associate with Goldman Sachs & Co. LLC in New York, NY.

Work Schedule: 40 hours per week (9:00 a.m. to 6:00 p.m.)

Duties: Associate with Goldman Sachs & Co. LLC in New York, NY. Maintain an up to date understanding of assigned business areas, products, and supporting functions; Participate in the planning and scoping of audits, including leading stakeholder meetings, creating risk-based test procedures and establishing project budgets; Execute audit fieldwork, including control design assessment, control effectiveness testing and outcomes-based testing, ensuring audit fieldwork is focused on the right areas; Evidence test results ensuring that documentation meets high quality standards; Assess and ensure that policies and procedures are designed, interpreted and carried out correctly; Identify risks, assess mitigating controls, and make recommendations on improving the control environment; Prepare commercially effective audit conclusions and findings, and present to IA senior management and business stakeholders; Maintain stakeholder relationships, including follow-up on open audit findings and verification of their resolution; Perform continuous monitoring to assess changes which impact the control environment; Participate in department-wide initiatives aimed at continually improving IAs processes and supporting infrastructure.

Job Requirements: Bachelors degree (U.S. or foreign equivalent) in Accounting, Finance or Economics. Three (3) years of experience in the role offered or a related auditing role for a large financial services and/or accounting firm. Prior experience must include at least three (3) years with: Applying knowledge of financial products and services such as asset management and private wealth management; Working in a team environment and demonstrating ownership and accountability for tasks assigned; Utilizing knowledge of risk assessment fundamentals to assess risk and controls for financial services businesses; Performing data analysis to identify trends and variances for market or financial information such as revenue, expenses, and PnL; Working with the applicable rules and regulations issued by the Federal Reserve System and other regulatory agencies (including at least one of the following: FRB, NY State Department of Financial Services, Securities and Exchange Commission, FINRA, FDIC, CFPB); Utilizing audit techniques, including data analysis, re-performance, observation, interviewing, and tools such as MS Office to identify business risks and analyze controls within operational areas in the financial services industry; Applying knowledge of US GAAP for financial statement reporting; Presenting audit conclusions to senior management and business stakeholders; Demonstrating ability to share knowledge with team members; Utilizing MS Office tools such as Excel, Visio, Word and PowerPoint, including VLOOKUP and other advanced Excel functions.

Goldman Sachs

New York, New York

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

The Institutional Client Services segment is involved in client execution activities related to making markets in cash and derivative instruments for interest rate products, credit products, mortgages, currencies, commodities, and equities; and provision of securities services comprising financing, securities lending, and other brokerage services, as well as the marketing and clearing of client transactions on various stock, options, and futures exchanges.

The Investing & Lending segment invests in and originates longer-term loans; and makes investments in debt securities and loans, public and private equity securities, and infrastructure and real estate entities, as well as provides unsecured and secured loans through its digital platforms. The Investment Management segment offers investment management services; and wealth advisory services consisting of portfolio management, financial planning and counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.