Who we are looking for

We are looking for Integrated Audit Data Analyst, Intern to join the Corporate Audit Team. This role is open to graduate and undergraduate students; however graduate students with Audit experience are preferred. Corporate Audit conducts internal audits of all of State Street’s business lines, including Investment Services, Markets, Investment Management, and corporate functions. In this position, you will play a data specialist role as part of dynamic and cross functional teams responsible for the execution of individual audit engagements. In this role, you will work under the direction of audit project lead or an experienced auditor to support the execution of the audit through the use of data analytics. This will require both audit skills, as well as an understanding of data analytics, to allow the audit intern to interface with business partners, and to learn about and contribute to the execution of control design assessments and operational effectiveness testing, development of audit test conclusions and drafting summary observations. The Integrated Audit Data Analyst Intern will partner with both the Data Analytics team and the business audit team to design data-driven test approaches in audit projects. You will also work with the business audit teams to analyze the results of data analytic control tests to identify potential control weaknesses. This role is based out of Boston, Massachusetts.

Why this role is important to us

The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability; regulators rely upon us to provide assurance that the bank operates in a manner that is compliant with key banking regulations to properly manage risks to the company and the global financial systems. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role, you will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

As an Integrated Data Analyst, Intern you will:

• 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. This may include previously-identified data analytics approaches; however the Integrated Audit Data Analyst Intern will be expected to leverage their 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.

What we value

These skills will help you succeed in this role:

• 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.

Education & Preferred Qualifications

• Experience in Public Accounting, Internal Auditing, or financial services experience would be a plus.

• 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.

• Bachelor’s degree, preferable in finance, accounting or related field.

• Experience in auditing information technology general controls.

Salary Range:

$41,600 - $65,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our 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 (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.