• Internal Audit, Associate – Brazil/Mexico

    Location(s) BR-SP-Sao Paulo
    Job ID
    Schedule Type
    Full Time
    Legal and Internal Audit
    Business Unit
    Internal Audit - Exec Mgmt
    Employment Type


    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.


    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 Technology.




    Basic qualifications and responsibilities

    • Team-oriented with a strong sense of ownership and accountability
    • Strong leadership, interpersonal, and relationship management skills
    • Strong verbal and written communication skills in English, Portuguese and Spanish
    • Strong understanding of the Brazil and Mexico financial industry regulations and ability to deal with regulators in both Brazil and Mexico
    • An ability to work effectively across a large global audit team.
    • Highly motivated with the ability to multi-task and remain organized in a fast-paced environment
    • Minimum 10 years of experience in the financial services industry in internal audit role
    • Sc. or M.Sc. degree in accounting, engineering, finance or risk management, or M.B.A. with concentration in finance
    • Participate in / lead planning and scoping reviews. This will involve meeting relevant stakeholders to understand and walk through the business and technology processes to identify the key risks and controls to be assessed.
    • Participate in preparation of the audit testing program and assessment of the adequacy of the design and operation of the controls associated with the key risks identified.
    • Assess the risk and impact of the issues identified on reviews and assist with production of the report to management.
    • Follow up with stakeholders on remediation of actions coming out of issues identified during audits.
    • Engage in ad hoc work on firmwide projects around new processes or activities and investigation of incidents.

    Product specific skills and experience:

    • Capital adequacy related topics, including Basel Capital Accord regulatory requirements (standardized frameworks), Comprehensive Capital Analysis and Review (CCAR), Stress Test and specific rules on these subjects for Brazil and Mexico
    • Solid understanding of financial concepts, pricing and/or operations related to credit, interest rate, FX, equity and commodity products
    • Prior experience with risk management disciplines: credit risk (commercial lending or trading counter-party credit), market risk, operational risk, funding / liquidity risk
    • Prior experience in auditing controls related to risk management (esp. market and credit risk), financial controllers and related regulations e.g. Basel capital rules and Brazil and Mexico banking rules. Knowledge of risk measurement theory (e.g., Value-at-Risk (VaR), stress testing)
    • Controls surrounding risk governance, risk assessments, risk measurement, risk limits and monitoring, management, Board and regulatory risk reporting


    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.