About The Position

We are looking for an Integrated Audit Data Analyst, Intern to join the Corporate Audit Team. This role is open to graduate and undergraduate students, with a preference for graduate students with Audit experience. Corporate Audit conducts internal audits across all of State Street’s business lines, including Investment Services, Markets, Investment Management, and corporate functions. In this position, you will serve as a data specialist within dynamic and cross-functional teams, responsible for executing individual audit engagements. You will work under the direction of an audit project lead or an experienced auditor, supporting audit execution through data analytics. This requires both audit skills and an understanding of data analytics to interface with business partners, learn about control design assessments and operational effectiveness testing, develop audit test conclusions, and draft summary observations. The Integrated Audit Data Analyst Intern will collaborate with both the Data Analytics team and the business audit team to design data-driven test approaches and analyze results to identify potential control weaknesses. This role is based out of Boston, Massachusetts. The team plays a crucial role in the organization's success, helping institutional investors manage risk, respond to challenges, and drive performance and profitability. Regulators rely on the team to ensure the bank complies with key banking regulations and properly manages risks. This role contributes to building resilience and executing daily deliverables effectively within the financial services industry. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

  • The ability to operate in a complex, non-routine and fast-paced environment that requires working independently and as part of a team.
  • Strong technical ability in data analysis and control testing.
  • The ability to solve problems using AI and data science.
  • Ability to clearly demonstrate proficiency in evaluating business processes, identifying inherent risk and testing associated internal controls.
  • A high degree of professionalism and proficient organizational, analytical, problem solving and project management skills.
  • Excellent communication (written and verbal), interpersonal and presentation skills.
  • Proven ability to research, interpret and apply regulatory requirements.
  • Bachelor’s degree, preferable in finance, accounting or related field.

Nice To Haves

  • Graduate students with Audit experience are preferred.
  • Experience in Public Accounting, Internal Auditing, or financial services experience.
  • Technical data analytics skills, including the use of SQL, Python, R, Tableau, PowerBI, Alteryx, and other analytics and automation tools.
  • Technical skills in AI, data science, machine learning, or big data is a big plus.
  • Experience in auditing information technology general controls.

Responsibilities

  • Leverage data analytics skills to assist in the performance of audit work in line with the Division’s risk-based methodology and the Institute of Internal Auditor’s standards to identify and understand risk; determine control objectives; and evaluate whether controls sufficiently address identified risks through various data analysis techniques.
  • Engage with both the Business Audit Team and the Data Analytics Team to ensure an understanding of business processes and data analytics capabilities, to drive better data analytics outcomes.
  • Obtain and analyze evidentiary data as a basis for forming objective opinions on the adequacy and effectives of controls under review.
  • Leverage data analytics knowledge to partner with the central Data Analytics team and the business audit team to assist in the design and execution of enhanced analytics approaches.
  • Review corrective actions taken by management to improve deficient conditions.
  • Escalate potential issues / obstacles to audit management along with proposed solutions.
  • Develop and maintain understanding of internal State Street products and processes, relevant industry and regulatory topics, and data analytics best practices.
  • Develop an understanding of State Street data constructs, systems, and processes, to better position the team for more effective data analytics-based auditing.
  • Share successes and challenges with peer Integrated Data Analysts and the Data Analytics Team to increase the future success of the Data Analytics program.

Benefits

  • Retirement savings plan (401K) with company match
  • Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
  • Paid-time off including vacation, sick leave, short term disability, and family care responsibilities
  • Access to our Employee Assistance Program
  • Incentive compensation including eligibility for annual performance-based awards
  • Eligibility for certain tax advantaged savings plans
  • Inclusive development opportunities
  • Flexible work-life support
  • Paid volunteer days
  • Vibrant employee networks
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