Internal Audit, Business Auditor – Credit Risk, Associate, London

Who We Are
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. Headquartered in New York, the firm maintains offices in London, Birmingham, Frankfurt, Tokyo, Hong Kong and other major financial centres worldwide.
Our culture is grounded in teamwork, innovation and meritocracy. We invest in our people through collaborative working environments, wellbeing programmes, and hybrid and flexible working options designed to support colleagues in achieving their professional and personal goals.
Division and scope
Global Banking & Markets: Sales, trading, insurance, investment banking, and related control functions including Operations, Technology, Product Control, Divisional Compliance and Research
Asset & Wealth Management: Private Wealth Management, Asset Management and Merchant Banking
Federation: Risk Management, Finance, Corporate Governance, Legal, Compliance, Regulatory Reporting, Human Capital Management, Services and the Executive Office
The Team
Internal Audit helps protect the assets, reputation and sustainability of the organisation. As the third line of defence, we independently assess the firm’s control environment, including its governance, risk management, capital and financial crime frameworks.
Our role extends beyond identifying control weaknesses. We engage constructively with management to evaluate risk, advise on sustainable control solutions and assess whether remediation is implemented effectively
whether remediation is implemented effectively
What you'll do
Across the audit lifecyle, you will
Contribute to audits from planning and scoping through fieldwork, issue validation and reporting.
Own discrete workstreams, taking increasing responsibility as your experience and credibility grow.
Design and execute test programmes that assess the design and operating effectiveness of key controls.
Document analysis, testing and conclusions clearly and precisely in line with audit methodology.
Evaluate the significance of risks and issues and follow up constructively on remediation
Build expertise
Develop broad, transferable knowledge across the credit risk lifecycle, from origination through provisioning and capital.
Stay informed about emerging credit trends, macroeconomic developments and evolving regulatory expectations.
Understand how the Basel capital framework and accounting standards such as IFRS 9 and CECL operate in practice at a global institution.
Analyse complex portfolio data to identify themes, outliers and potential control gaps.
Form evidence-based conclusions and communicate them clearly to colleagues, business partners and, increasingly, senior management.
Help assess whether commercial strategy is supported by effective and proportionate risk management
Support and coach analysts and new joiners as your experience develops.
Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.
Think critically and communicate clearly
Analyse complex portfolio data to identify themes, outliers and potential control gaps.
Form evidence-based conclusions and communicate them clearly to colleagues, business partners and, increasingly, senior management.
Help assess whether commercial strategy is supported by effective and proportionate risk management
Support and coach analysts and new joiners as your experience develops.
Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.
Grow with the team
Support and coach analysts and new joiners as your experience develops.
Share knowledge and leading practices across regional teams in London, New York, Birmingham and Dallas.
What we're looking for
Essential qualification and experience
Bachelor’s degree, or equivalent, from a recognised university
Approximately three to five years of relevant experience in Internal Audit, second-line Credit Risk Management, consulting or external audit role
Understanding of credit risk lifecycle in at least one area, together with the curiosity and motivation to develop broader expertise
Strong analytical and problem-solving skills, sound judgement and genuine intellectual curiosity
Excellent written and verbal communication skills
Exceptional attention to detail and the ability to look beyond the immediate question
Ability to manage multiple deliverables and work effectively to deadlines.
Preferred qualification and experience
Progress towards, or completion of, a relevant professional qualification such as FRM, CFA, CPA or ACA
Familiarity with credit products across lending, derivatives, securities financing or private credit.
Understanding of the laws, regulations and supervisory guidance relevant to credit risk management.
© The Goldman Sachs Group, Inc., 2026. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.