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; and
- Monitors management’s implementation of control measures
Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including financial risk managers, chartered accountants, business managers, developers, 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 global markets,
investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, model risk and engineering.
Internal Audit - Risk
The Risk team within Internal Audit at Goldman Sachs consists of auditors charged with reviewing the firm’s internal controls utilized as part of various firmwide financial risk measurement and management functions. The objective of Internal Audit Risk team is to assess the robustness of the firm’s risk management framework. The Risk team is responsible for the audit of a diverse array of controls across risk stripes – including market, credit, liquidity and operational risk and controls supporting the firm’s financial risk management framework.
The team in Bengaluru specializes in the audits of credit risk (includes counterparty credit risk) measurement and management, with coverage spanning across components including risk oversight and