Internal Audit, Corporate AML Technology, Analyst/Associate, New York



INTERNAL AUDIT

In Internal Audit, we ensure that Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring the firm's compliance with laws and regulations, and advising management on developing smart control solutions. Our group has unique insight on the financial industry and its products and operations. We're looking for detail-oriented team players who have an interest in financial markets and want to gain insight into the firm's operations and control processes.

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world Internal Audit (IA) supports the Board of Directors' Audit Committee and senior firm leadership in fulfilling their oversight roles by independently assessing the firm's internal control structure, raising awareness of control risk, providing advice to management in developing control solutions, and monitoring the implementation of management's control measures.

IA is comprised of the following global functional audit teams covering the various business areas of the firm: Capital Markets, Investment Management, Corporate, Enterprise, GS Bank USA, and Technolog y.

RESPONSIBILITIES AND QUALIFICATIONS

RESPONSIBILITIES AND QUALIFICATIONS

General Responsibilities

  • Develop and maintain an in-depth understanding of business areas, its products, and supporting functions
  • Execute audit testing and supervise junior team members to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
  • 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 clients
  • Follow-up on open audit issues and their resolution
  • Participate in department-wide initiatives aimed at continually improving IA's processes and supporting infrastructure
  • Participate in planning and scoping of AML related audits
  • Analyze functional and technical system specifications, document system flows and highlight key controls
  • Database querying and analysis of AML system data using SQL
  • Evaluate system processes to determine if they comply with AML, BSA and Sanctions related regulations
  • Apply and develop understanding of the design and implementation of controls created to ensure adherence to various global regulatory schemes, including CDD, EDD, KYC, Sectoral and Government Sanctions, trade surveillance (CFTC) related regulations, and market surveillance (SEC) related regulations.
  • Test the effectiveness of controls supporting AML surveillance systems, including Actimize and Mantas
  • Test the effectiveness of controls supporting Office of Foreign Assets Control (OFAC) sanction screening of payment transactions
  • Document the results of control testing, including the writing of audit findings.

Basic Qualifications
  • 4-year degree required (Computer Science, Information Systems or a closely related discipline)
  • Team-oriented with a strong sense of ownership and accountability
  • Good leadership, interpersonal, and relationship management skills
  • Strong verbal and written communication skills
  • Certification or industry accreditation (e.g., CISA, CISSP, CISM, CFA) is a plus
  • Highly motivated with the ability to multi-task and remain organized in a fast-paced environment


Preferred Qualifications
  • Knowledge of AML transaction monitoring and sanction screening systems, including at least one (1) of the following systems: MANTAS, Actimize or Bridger;
  • Programming knowledge in C++, Java or equivalent, coupled with extensive experience of software development life cycle management.
  • Demonstrated ability to lead large scale projects end-to-end.


ABOUT GOLDMAN SACHS

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.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.


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