Job Description

Internal Audit, Enterprise Risk Management (ERM) Assurance Program Office, Vice President, New York 

Internal Audit

The primary role of Internal Audit (IA) is to help protect the assets, reputation, and sustainability of the organization. IA independently assesses the Firm’s internal control structure. We provide assurance that 1) financial reporting is reliable, 2) there is compliance with applicable laws and regulations, and 3) the firm’s operations are effectively controlled. We assist Management in identifying and commercially managing risks by providing advice in developing control solutions and monitoring the implementation of Management’s control measures. IA assists the Firm’s Board of Directors’ Audit Committee in fulfilling its oversight responsibilities and regularly interacts with the external independent auditors. IA is organized into global teams of business and technology auditors.

The ERM Assurance Program Office (ERM APO) is comprised of two main areas;

• Program Management Office (PMO): responsible for, among others, 1) developing and overseeing the audit program strategy for the Firmwide Enterprise Risk Management Framework (ERMF) uplift program, 2) operating a robust governance process with respect to program management, 3) providing reporting on the program’s progress to senior management, key committees, and regulators, as needed, and 4) ensuring appropriate resourcing and training for the relevant auditors
• Business Liaison: responsible for, among others, 1) working closely with the relevant stakeholders and their respective teams to support timely and coherent delivery of the independent validation of key commitments critical to the program, 2) identifying risks, assessing mitigating controls, and making recommendations on improving the overall control environment, and 3) conducting continuous monitoring across the various aspects of the program and facilitating updates and reviews with IA senior leadership, stakeholders, and regulators, as required

This role is for the PMO team within ERM APO.

Job Summary & Responsibilities 

• Support the Head of PMO on all aspects of the ERMF audit program
• Maintain the audit coverage approach and framework for the ERMF uplift and oversee the annual audit planning process
• Play a key liaison role to achieve alignment on the program priorities and deliverables between IA and the key stakeholders
• Implement and execute the program’s key governance and oversight structures from an IA perspective to effectively manage the program
• Serve as a point of contact for IA leads for key issues and provide optimal ways to escalate and mitigate; provide appropriate guidance and challenges
• Oversee expense budget and facilitate the approval process for hiring of external resources for validation work, as needed
• Lead on the planning and execution of internal and external training programs for the relevant auditors
• Maintain relevant data points (e.g., audit plan, project budgets) and generate insights when providing periodic reporting for senior leadership and other key stakeholders
• Lead on cross divisional initiatives to drive timely and high quality delivery of implementation
• Act as a mentor to the junior members of the team, brainstorming and helping to identify solutions to challenges
• Perform ad hoc analyses / projects as required

Preferred Skills and Experience

• 6+ years of experience preferred in a comparable role in financial services, public accounting, consulting, internal audit or regulatory agency; a successful track record of delivering distinctive results 
• Strong knowledge of risk management and regulatory expectations at large financial institutions
• Stakeholder management experience demonstrated through empowerment, situational awareness, and conflict resolution on a large-scale program
• Strong project management experience - ability to “parachute in”, assimilate quickly and resolve effectively; able to work under minimal supervision on individual tasks or on team projects 
• Comfortable with ambiguity and “working in the grey” to understand complex challenges and technical issues to structure and deliver tangible benefits 
• Team-oriented with a strong sense of ownership and accountability
• Strong verbal and written communication skills and able to produce presentations that are clear and well organized; excellent attention to detail
• People management / coaching experience; role model for demonstrating highest level standards of integrity and conduct and able to coach junior members of the team for them to reach effective performance levels
• Bachelor’s degree in Risk Management, Business, Finance, Economics, or related field is a plus
• Prior IA background is a plus
• Prior experience auditing ERMF and major transformation programs at large financial institutions is a plus
• Relevant certification or industry accreditation (e.g., CPA, CFA, CIA) is a plus

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

 

Salary Range

The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.

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