Internal Audit -Swap Dealer, Vice President, Salt Lake City

As the third line of defense, Internal Audit’s (IA) mission is to independently assess the firm’s overall control environment, including the firm’s governance processes and controls, and risk management and capital and anti-financial crime frameworks. In doing so, IA:

• 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; and
Monitors management’s implementation of control measures

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. Global Banking and Markets Audit provides audit coverage for the firm’s Global Banking and Markets Division and related supporting control functions such as Operations, Engineering, Product Control and Compliance.

Who We Look For
Goldman Sachs Internal Auditors demonstrate a strong risk and control mindset, are detail oriented, possess curiosity and sound judgment, and are able to adapt to a dynamic risk and regulatory landscape. We look for individuals who can collaborate across global teams, foster lasting stakeholder relationships and can drive creative solutions to enhance audit techniques.

RESPONSIBILITIES AND QUALIFICATIONS

Responsibilities

• Develop and maintain an in-depth understanding of the firm’s Swap Dealer compliance program
• Manage and execute audits focused on the firm’s compliance with the Swap Dealer requirements including planning and scoping, fieldwork and audit test plans, and reporting
• Drive walkthroughs with stakeholders to perform control design assessments
• Lead audit testing to ensure audit fieldwork is focused on the right areas and documentation meets high quality standards
• Coordinate with business and engineering audit teams to identify risks, assess mitigating controls, and make recommendations on improving the control environment
• Communicates and reports on the 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 relevant discipline
• 8-10 years of relevant work experience in Internal Audit, Compliance, or Risk functions
• Prior experience in and understanding of laws, rules, and regulations pertaining to swap dealer requirements, including Title VII of the Dodd-Frank Act, associated CFTC and SEC regulations, and NFA rules
• Prior experience in and understanding of swaps and other derivative products
• Highly motivated, delivery focused, analytical and detailed self-starter with proven record in a team-based environment
• Excellent communications skills (oral and written) to clearly articulate issues and ideas with different levels across stakeholders
Strong leadership, interpersonal, and relationship management skills

Preferred Qualifications

• Relevant certification or industry accreditation (e.g., CPA, CIA) is a plus
• Experience of managing audit engagements and teams across locations
• Proficiency in Microsoft Office tools such as Excel, Word, PowerPoint

Experience with Data Analytics tools and techniques