Internal Audit and Risk Management - Data… at Huron · New York

Summary: Huron is a global consultancy that collaborates with clients to drive strategic growth and navigate constant change. They are seeking an Intern to support internal audit and risk management engagements for financial institutions, focusing on data analytics and artificial intelligence to enhance audit execution and risk assessment. Responsibilities: - Assisting with proposal development, including analytics- and AI-enabled approaches, budgeting, and project timelines for new business opportunities - Supporting risk assessment and internal audit planning by: - Conducting research on client background, business activities, and key risks - Assisting in internal audit risk assessments and development of audit plans - Preparing materials for audit kick-off meetings and planning sessions - Applying data analytics and AI techniques to support audit risk assessments and scoping decisions - Assisting in the development of internal audit plans and preparation for client kick-off meetings - Assisting in the end-to-end execution of internal audit projects, including: - Monitoring scope, risks, and issues - Supporting audit fieldwork, documentation, and reporting activities - Analyzing differences in policy management, governance structures, and control environments, identifying leading practices for financial institutions - Monitoring changes in the regulatory environment and assessing their impact on the organization and client operations - Supporting updates to the Enterprise Risk Management (ERM) Framework, including: - Major risk identification and maintenance of risk inventories - Documentation of risk taxonomy and governance processes - Supporting governance, risk, and compliance (GRC) initiatives, including: - Ensuring governance structures support effective risk and compliance management - Assisting with governance training and education related to risk frameworks - Supporting technology-enabled projects from a business and governance perspective, ensuring alignment with regulatory and operational requirements - Coordinating with internal audit teams and client stakeholders to support project delivery - Designing, developing, and testing data and AI to support audit and risk management use cases, such as: - Test case development, anomaly detection, and continuous auditing - Risk indicator identification and monitoring - Control effectiveness testing and trend analysis - Developing and enhancing analytics tools and AI prompts/scripts to automate audit and risk processes - Leveraging prominent AI frameworks and libraries to build, evaluate, and refine models used in audit and risk engagements - Analyzing differences in policy management, control environment, and governance practices, identifying leading practices across financial institutions - Monitoring changes in the regulatory environment and assessing their impact on audit scope, risk profiles, and compliance requirements - Supporting updates to the Enterprise Risk Management (ERM) Framework, including major risk identification and maintenance of risk inventories - Supporting governance, risk, and compliance (GRC) initiatives, including governance training and education related to risk frameworks - Ensuring that technology-enabled audit and risk solutions improve business operations, audit quality, and regulatory compliance Required Qualifications: - Strong performance in a bachelor's degree in a field related to this position or equivalent work experience obtained by Spring 2027: Finance and Financial Management, Economics, Law, Business Management, Public Policy, Political Science, Operations Management or related disciplines - Computer Science, Computer Engineering, Data Science, Data Mining, Information Science, Information System Management, Statistics, Applied Mathematics, Engineering, and/or related disciplines with strong data analytics or AI coursework - Strong conceptual, critical thinking, analytical, professional judgement, and practical problem-solving skills - Excellent verbal and written communication skills - Ability to manage multiple priorities in a fast-paced, project-based environment - Initiative, professionalism, and ability to collaborate with multidisciplinary teams - U.S work authorization is required - Must be available for a June 2026 start date - Required travel to client sites (New York based) Preferred Qualifications: - Experience or certification exposure to data analytics, automation, or artificial intelligence - Prior internship experience in consulting, audit, risk advisory, risk management, compliance or financial services - Demonstrated experience with prominent AI tools, frameworks and libraries, such as TensorFlow, PyTorch, scikit-learn, Keras, or similar - Familiarity with analytical tools such as Python, SQL, Excel, Power BI, Tableau, or similar platforms - Bilingual proficiency in Chinese or Korean and English (written and verbal) Required Skills: Data Analytics, Artificial Intelligence, Risk Management Important Skills: Python, SQL, Excel, Power BI, Tableau Nice-to-Have Skills: Professionalism, Multidisciplinary Teamwork, Bilingual Proficiency, Critical Thinking, Communication Skills, Collaboration, Problem-Solving Internship Start Date: Start in 2026 Summer