Internal Audit, Liquidity Risk, Vice President, Dallas

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. We commit people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Our people are our greatest asset - we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.

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.

WHAT WE LOOK FOR

Goldman Sachs Internal Auditors demonstrate strong risk and control mindsets, analytical, exercise professional skepticism and are able to challenge and discuss effectively with management on risks and control measures. We look for individuals who enjoy learning about audit, businesses, and functions, have innovative and creative mindsets to adopt analytical techniques to enhance audit techniques, building relationships and are able to evolve and thrive in teamwork and in a fast-paced global environment.

YOUR IMPACT

As the third line of defense, Internal Audit's mission is to independently assess the firm's internal control structure, including the firm's governance processes and controls, and risk management and capital and anti-financial crime frameworks, raise awareness of control risk and monitor the implementation of management's control measures. In doing so, internal Audit:

* Communicates and reports on the effectiveness of the firm's governance, risk management and controls that mitigate current and evolving risk

* Raise awareness of control risk

* Assesses the firm's control culture and conduct risks

* Monitors management's implementation of control measures

Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including chartered accountants, developers, risk management professionals, cybersecurity professionals, and data scientists. We are organized into global teams comprising business and technology auditors to cover all the firm's businesses and functions, including securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.

RESPONSIBILITIES

• Understanding of liquidity risk management - Proven ability to assess, measure, and mitigate liquidity risk, including stress testing, forecasting, and regulatory reporting (Basel III, LCR, NSFR).
• Understanding of Corporate Treasury - Understanding of core treasury activities such as liquidity management, asset & liability management, asset allocation and funding execution.
• Lead audits focused on financial and non-financial risk management including project team management throughout the audit lifecycle (planning and scoping, fieldwork, and reporting) within assigned timelines and in line with audit objectives
• Drive walkthroughs with stakeholders to perform control design assessments and present results of work performed to Internal Audit senior management
• Execute and oversee audit testing 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 Internal Audit senior management and business stakeholders
• Follow-up on open audit issues and validate their resolution
• Participate in department-wide initiatives aimed at continually improving Internal Audit's processes and supporting infrastructure
• Develop and maintain key stakeholder relationships and regularly engage with the business during the year to assess changes in the risk and control environment

Basic Qualifications

• Bachelor's degree (or higher) in a finance, accounting, or quantitative discipline
• 8+ years of relevant work experience in Internal Audit in financial services
• Highly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environment
• Led project teams to deliver audits within assigned timelines and in line with stated audit objectives
• Excellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholders
• Proficiency in Microsoft Office Suite
• Knowledge of financial markets, products and financial and non-financial risk management (Market, Credit, Liquidity, Operational and Counterparty risk)
• Strong leadership, interpersonal, and relationship management skills
• Ability to work effectively across a large audit team, understanding the team's role in the overall strategy of the firm
• Strong leadership, interpersonal, and relationship management skills
• Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
• Must be highly motivated with strong analytical skills, willing and able to learn new businesses and processes quickly