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Internal Audit, Credit Risk, Associate, London

Goldman Sachs
Office & Professional
Office & Professional
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Description

Location
London

Hours
Full Time

Salary
Negotiable

About the Role
Internal Audit ensures that Goldman Sachs maintains effective controls by assessing the reliability of financial reports, monitoring compliance with laws and regulations, and advising management on developing smart control solutions. The team provides unique insight into the financial industry, its products, and operations. As the third line of defence, Internal Audit independently assesses the firm’s control environment, including governance, risk management, capital, and financial crime frameworks. The role extends beyond identifying control weaknesses to engaging constructively with management to evaluate risk, advise on sustainable control solutions, and assess effective remediation.

As an Associate, you will contribute across the audit lifecycle, including planning, scoping, fieldwork, issue validation, and reporting. You will own discrete workstreams, design and execute test programmes assessing key controls, document analysis and conclusions clearly, and evaluate risks and remediation efforts. You will develop broad expertise across the credit risk lifecycle, stay informed on emerging credit trends and regulatory expectations, and analyse complex portfolio data to identify themes and potential control gaps.

You will form evidence-based conclusions and communicate them clearly to colleagues, business partners, and senior management. Additionally, you will support and coach analysts and new joiners, sharing knowledge and leading practices across regional teams in London, New York, Birmingham, and Dallas.

Requirements

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
- Understanding of the credit risk lifecycle in at least one area with motivation to develop broader expertise
- Strong analytical and problem-solving skills, sound judgement, and intellectual curiosity
- Excellent written and verbal communication skills
- Exceptional attention to detail and ability to look beyond the immediate question
- Ability to manage multiple deliverables and meet deadlines

About you
Detail-oriented team player with an interest in financial markets and a desire to gain insight into firm operations and control processes. You demonstrate sound judgement, intellectual curiosity, and the ability to communicate complex ideas clearly. You are motivated to support and coach colleagues and contribute to a collaborative team environment.

Qualifications
- Progress towards or completion of a relevant professional qualification such as FRM, CFA, CPA, or ACA is preferred
- Familiarity with credit products across lending, derivatives, securities financing, or private credit
- Understanding of laws, regulations, and supervisory guidance relevant to credit risk management

Expiry date: 11/11/2026
Internal Audit, Credit Risk, Associate, London
Company:
Goldman Sachs
Job Type:
Full-time
Location:
London