Transaction Banking Audit Associate

4 weeks ago


Birmingham, Birmingham, United Kingdom Goldman Sachs Full time

Internal Audit Role

At Goldman Sachs, we're committed to maintaining effective controls that ensure the reliability of our financial reports, compliance with laws and regulations, and the development of smart control solutions. Our Internal Audit team plays a critical role in achieving this goal by assessing the firm's internal control structure, including governance processes and controls, risk management, and capital and anti-financial crime frameworks.

As an Internal Audit Professional in Transaction Banking, you'll be part of a global team that comprises business and technology auditors covering all the firm's businesses and functions. Your responsibilities will include:

  • Developing and maintaining an in-depth understanding of transaction banking business areas, its products, and supporting functions
  • Assisting in every step of an audit, including scoping, planning, fieldwork, and reporting
  • Executing audit testing and supervising junior team members to ensure audit fieldwork is focused on the right areas and documentation meets high-quality standards
  • Identifying risks, assessing mitigating controls, and making recommendations on improving the control environment
  • Preparing commercially effective audit conclusions and findings, and presenting to IA senior management and business clients
  • Following up on open audit issues and their resolution
  • Assisting in the audit team's continuous monitoring effort to cover market and regulatory events, business and technology updates, and audit/reviews completed

Requirements for this role include:

  • 3+ years of experience in a public accounting, internal audit, or a related control function in commercial or retail banking environment
  • Graduate degree, preferably in a related subject or quantitative discipline; ACA, ACCA CPA, CFA, CIA, CAMS, FRM) is a plus
  • Experience with Data Analytics is a plus
  • Technical knowledge of relevant product areas (e.g., payments and transaction banking products)

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.



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