Internal Audit, Data Analytics, Associate
Goldman Sachs - New York, NY

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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. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.

Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us.

BUSINESS UNIT OVERVIEW

Internal Audit independently assesses the firm’s internal control structure. We provide assurance that financial reporting is reliable, that there is compliance with applicable laws and regulations and that the firm’s operations are effectively controlled. We assist management in commercially managing risk by providing advice in developing control solutions and monitoring the implementation of management’s control measures. IA assists the firm’s Board of Directors’ Audit Committee in fulfilling its oversight responsibilities and regularly interacts with the external independent auditors.

The data analytics team intends to provide following services and solutions to various business and technology audits:

a. Conduct basic analysis of data using data mining and statistical techniques to ensure audit is comprehensive, moving from sample based approach to population based one
b. Perform visualization analytics through high end tool like Spotfire, basically weave a story around available data and build the ability to drill down to the most granular level
c. Present key findings from data analysis to various stakeholders and socialize data analytics as a capability within IA which could harnessed by other audit programs/projects

RESPONSIBILITIES

You will be expected to:

 Understand various phases of business and technology audit
 Analyze and comprehend data architectures (data models, schema & database) associated with audits, this could be for entire gamut of databases - Operational Data Stores, Data warehouse, Data Marts etc
 Extract data from data stores, profile data and decipher the quality aspect of it, it is important to ensure that quality of data being used for various analytical efforts are very high
 Build and manage metadata (data dictionary) for wider audience, this would assist non-technical auditors to understand the data analytics artifacts
 Translate audit scenarios and requirements into technical specifications, build queries which could range from simple to very complex and test out the query results
 Develop reports on extracted data to help auditors uncover potential risks and frauds in business
 Build visualization analytics to depict stories from the data, this would require to paint the big picture for management reporting on potential risk and incorporate the ability to drill down to the lowest level while doing root cause analysis
 Present key insights to auditors using advanced visualization tools, and socialize the data analytics capability

Preferred Qualifications SKILLS / EXPERIENCE

 Proficient in Database – Data Architecture, Data Modeling, Data Load
 High level of proficiency in SQL in various databases MS SQL Server, DB2 etc
 Good knowledge of scripting database macros, stored procedure and automation will be important
 Experience of any visualization tool (Spotfire, Qlikview or Tableau) will be an added advantage
 Knowledge of basic statistics (Time Series Analysis, Correlation, Regression) and it’s application to data
 Strong acumen to relate data with business and bring out issues and gaps in the business
 Good in presenting findings from data research work to senior management
 Certification in database and analytics would be good
 Good communication skill both written and verbal

COMPETENCIES

 Functional Expertise - Keeps up-to-date with emerging technology, business and market trends
 Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate data and analytical skills
 Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
 Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations
 Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
 Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
 Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
 Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
 Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations

YOUR CAREER

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, ‘Goldman Sachs University’ offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.

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At Goldman Sachs, the work you do will have a direct effect on business and the community. Our people come from a variety of academic and...