Internal Audit-Data Analytics -New York-Vice President

Goldman Sachs Bank AG; New York (NY); On-site; USD 170,000 - 250,000; Full time

Benefits offered by this job

Medical insurance

On-site health centers

Retirement benefits

Flexible vacation

Job summary

Goldman Sachs Internal Audit is seeking a data scientist to join the Embed Data Analytics team in New York as a Vice President. You will work with audit teams to develop data-driven analytics, automate processes, and provide insights into the firm’s control environment.

The role focuses on building reusable analytical tools, collaborating across global teams, and contributing to risk assessment, audit planning, and data strategy within Internal Audit.

Qualifications

• 8+ years of experience and a bachelor’s in computer science, math, or statistics.
• Strong experience in RDBMS/SQL and ETL
• Exposure to Data Governance and Data Blessing/Data Quality measures
• Proficiency in Python, Java, or C++
• Knowledge of statistics and data analysis methods
• Excellent communication and collaboration skills

Responsibilities

• Perform data modeling, data engineering, governance, and entitlement maintenance.
• Gather requirements for audits and provide insights for sample selection and data integrity.
• Build production-ready analytics tools using Tableau/Spotfire/QlikView.
• Execute ETL, data extraction, transformation and loading tasks.
• Develop data analysis narratives describing automated controls.
• Write data analysis code (Python/Java/C++).
• Identify opportunities for process standardization and automation.
• Support data strategy and provide innovative audit solutions.
• Collaborate with audit teams to assess risks and source data.

Skills

RDBMS/SQL

ETL

Data Governance

Data Blessing

Python

Java

C++

Statistics

Communication

Teamwork

Education

Bachelor’s in CS/Math/Stats

Tools

Tableau

Spotfire

QlikView

SAS

SPSS

R

Job description

Internal Audit-Data Analytics -New York-Vice President location_on New York, NY, United States

What We Do

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.

Data Analytics

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.

Responsibilities

• Perform Database related activities – Data Modeling, Data Engineering, Data Governance, and maintenance of Entitlements.
• Obtain/Manage requirements that are tailored to each audit project and provide the results that can be used to provide insight to auditors in terms of sample selection, control gap identification, completeness of data sources, and data integrity (i.e., Data Blessing)
• Build production ready analytical tools to automate repeatable and reusable processes within IA using reporting tools such asTableau, Spotfire or QlikView
• Execute elected data analysis activities. Such activities may be defined as procedural or programmatic tasks related to the analysis, extraction, transformation, and uploading of data (structured and unstructured) (i.e., ETL processes).
• Perform Data analysis activities that may also be supplemented by summarized technical narratives describing the integrity of specific automated controls.
• Write data analysis code (e.g., Python, Java, or Slang)
• Identify areas for process standardization and implement automation techniques in applications used for audit process and Data Analytics
• Execute on Embed DA - Data 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 and manage relationships and communications with Audit team members

Basic Qualifications

• 8+ years of experience with a minimum of bachelor’s in computer science, Math, or Statistics
• Strong experience in RDBMS/ SQL
• Exposure to ETL Processes, Data Engineering and Data Governance
• Experience in implementing Data Blessing/Data Quality measures and entitlement models
• 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
• Strong contributing member of Data Science team and help build analytical capabilities for Internal Audit Division
• Driven and motivated and constantly taking initiative to improve performance

Preferred Qualifications

• Experience with advanced data analytics tools and techniques
• Familiarity with text analytics and NLP using python
• Familiarity with machine learning algorithms and exposure to supervised and unsupervised learning - Linear/Logistic Regression, SVM, Random Forest and Boosting, Clustering and Patterns Recognition techniques
• Experience with analytical/ statistical programs such as SAS, SPSS, and R
• Experience with visualization tools (Tableau, Spotfire or QlikView) 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

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.