I applied online. The process took 4 weeks. I interviewed at Goldman Sachs (Birmingham, England) in Feb 2024
Interview
Very generic behavioural questions like Why Goldman Sachs? Why internal Audit? Some tech questions on controls in compliance and legal? Tell about yourself and your passion towards auditing? Elaborate on your previous experience? Talk about setbacks and news updates?
Walk me through an internal audit you've performed.How can I best use your skills on the team?What tasks should I delegate to someone else?What risks are important for Goldman Sachs?
Interview questions [1]
Question 1
Define risk and control.
Walk me through an audit you've performed.
How would you audit a specific process (e.g., regulatory reporting, market risk)?
Three risks and three controls for a given process.
Explain market risk, operational risk, liquidity risk, and credit risk.
VaR vs. stress testing.
I applied online. I interviewed at Goldman Sachs (London, England) in May 2024
Interview
There are 3 stages to the interview. 2 of them being virtual and 1 of them in person. Each interview is done by different members of the department. They are quite welcoming, but it escalates really quickly. Lot more technical questions that behavioural, so be prepared for the questions that can be asked in relation to your business area you applied for.
Interview questions [1]
Question 1
Why Internal Audit in Goldman Sachs?
What are the different kinds of Financial Instruments?
What are the main businesses of Goldman Sachs? What kind of risk does each business area have?
What are bonds? What are the risks assosciated with bonds?
How do you mitigate the risk associated with a Financial Instrument/bond?
How do you perform a risk assessment?
What do you do if someone criticises your work?
How do you promote team building?
Internal Audit Analyst applicants have rated the interview process at Goldman Sachs with 3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 60% positive. To compare, the company-average is 60.1% positive. This is according to Glassdoor user ratings.
Candidates applying for Internal Audit Analyst roles take an average of 79 days to get hired, when considering 5 user submitted interviews for this role. To compare, the hiring process at Goldman Sachs overall takes an average of 33 days.
Common stages of the interview process at Goldman Sachs as a Internal Audit Analyst according to 5 Glassdoor interviews include:
One on one interview: 33%
Skills test: 22%
Phone interview: 11%
Personality test: 11%
Group panel interview: 11%
Background check: 11%
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