Internal Audit- Embedded Data Analytics - New York-Associate

    • Goldman Sachs & Co.
  • New York, NY
  • Posted 23 days ago | Updated 10 hours ago

Overview

On Site
USD 85,000.00 - 140,000.00 per year
Full Time

Skills

C++
Time series
Amazon S3
Internal auditing
Data Analysis
Internal control
Risk management
Visualforce
Investment banking
Investment management
Cyber security
IT risk
International management
Risk assessment
Computer science
Programming languages
SQL
Software development
Credit cards
Embedded systems
Governance
Finance
Management
Organized
Securities
Data
Regulatory Compliance
Analytical skill
ProVision
Auditing
Testing
Strategy
Impact analysis
Planning
Sourcing
Mathematics
Statistics
RDBMS
Python
Java
Distribution
Regression analysis
Communication
GitLab
Software development methodology
Cloud computing
Snow flake schema
Banking
Analytics
Natural language processing
Visualization
TIBCO Spotfire
Qlikview
Tableau
Creativity
Innovation
Retail

Job Details

Internal Audit's mission is to independently assess the firm's internal control structure,including the firm's governance processes and controls, risk management, capital and anti-financial crime framework. In addition, it is also toraise 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 is organized into global teams comprising of business and technology auditors that cover all the firm's businesses and functions - securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering

Who We Look For


Goldman Sachs Internal Audit comprises individuals from diverse backgrounds including chartered accountants, developers, risk management professionals, 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 securities, investment banking, consumer and investment management, risk management, finance, cyber-security and technology risk, and engineering.


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. Embed Data Analytics team leverages its programming and analytical capabilities to build innovative data driven solutions. The team works closely with auditors to understand their pain points and develop data-centric solutions to address the same


YOUR IMPACT


As part of the third line of defense, you will be involved in independently assessing the firm's overall control environment and its effectiveness as it relates to current and emerging risks and communicating the results to local/ global management. In doing so, you will be supporting the provision of independent, objective and timely assurance around the firm's internal control structure, thereby supporting the Audit Committee, Board of Directors and Risk Committee in fulfilling their oversight responsibilities.

We are looking for a strong data scientist, passionate about using data to challenge the norm, to join our Embed Data Analytics team. The candidate will work closely with the audit teams to build innovative and reusable analytical tools that will help make audit testing more efficient and provide meaningful insights into firm's control environment

RESPONSIBILTIES


Execute on DA strategy developed by IA management within the context of audit responsibilities, such as risk assessment, audit planning, creation of reusable tools and providing innovative solutions to complex problems
Partner with audit teams to help identify risks associated with businesses and facilitate strategic data sourcing and develop innovative solutions to increase efficiency and effectiveness of audit testing
Build production ready analytical tools to automate repeatable and reusable processes within IA
Build and manage relationships and communications with Audit team members

QUALIFICATIONS


4-6 years of experience with a minimum of
Bachelor's in Computer Science, Math, or Statistics
Experience with RDBMS/ SQL
Proficiency in programming languages, such as Python, Java, or C++
Knowledge of basic statistics, including descriptive statistics, data distribution models, Time Series Analysis, correlation, and regression, and its application to data
Strong team player with excellent communication skills (written and oral). Ability to communicate what is relevant and important in a clear and concise manner and ability to handle multiple tasks
Driven and motivated and constantly taking initiative to improve performance


PREFERRED QUALIFICATIONS


Experience with Aadvanced data analytics tools and techniques
Well versed with Python/SQL Coding
Understanding of GitLab and Software development Lifecycle (SDLC)
Background knowledge and hands-on experience working on cloud based services such as Amazon S3 and Snowflake
Understanding of Banking products and services such as Savings, Deposits, and Credit Cards
Familiarity with Ttext analytics and NLP using python
Experience with visualization tools (Spotfire, Qlikview or Tableau) is a plus
Creativity/Innovation, i.e., ability to create new ways to improve current processes and develop practical solutions that add value to department
Exposure to Financial Industry Investment/Retail or Commercial Baking is a plus



Salary Range

The expected base salary for this New York, New York, United States-based position is $85000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.




Benefits

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available
to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found .