Are you interested in knowing what a Programmer's Analyst life looks like, and do you want to become a Programmer Analyst at Goldman Sachs?
In this article, we'll discuss the Programmer Analyst at Goldman Sachs, which will help you know everything you need about this role. So, let’s get started.
Goldman Sachs
Goldman Sachs provides a wide range of financial services in investment banking, securities, investment management, and consumer banking to a sizable and diverse clientele, including businesses, financial institutions, governments, and private individuals. The Goldman Sachs Group, Inc. is a preeminent global financial institution.
The company, established in 1869, has offices in all of the world's principal financial centers and is headquartered in New York.
About the Role
A variety of organizations employ programmer analysts. They create, code, and test new software. They must document the programs they make. The documentation should include flowcharts, layouts, diagrams, charts, code comments, and revision dates.
They are responsible for troubleshooting, debugging, and maintaining source code for various computer programs. Programmer analysts may also be required to customize computer programs purchased from vendors to meet the specific needs of their organization. They must be familiar with computer algorithms, formal logic, and the application domain. They may be required to collaborate with vendors to test and approve their products.
Salary and Perks
The average salary for an Application Programmer Analyst at companies like GOLDMAN SACHS in the United States is $85,400, with a typical $76,400 to $95,700.
The average income for a Programmer Analyst is “₹925,000”.
Salary ranges can vary greatly depending on various factors, including education, certifications, additional skills, and the number of years you have worked.
The salary figures mentioned above are subject to change.
Skills and Experience Required
When interviewing programmer analysts, the best candidate should have a solid understanding of application development, good time management skills, and an eye for detail. Candidates with poor analytical skills and a lack of technological knowledge should be avoided.
These are the skills required for a Programmer Analyst at Goldman Sachs:
A college diploma or university degree in computer science, information systems, or software engineering and two years of related experience, an associate degree and four years of related experience, or a six-year degree and six years of related experience are required.
Ability to plan and direct complex technical projects, knowledge of network protocols, computer hardware, and software expertise in data backup, recovery, security, integrity, and SQL(Structured Query Language).
Excellent written and oral communication skills.
Excellent attention to detail.
Collaborate with designers and content creators.
From identifying conceptual system requirements to completion, collaborate with users.
Collaboration with middle-tier developers is required to integrate back-end database code with business applications.
Plan, design, schedule, write and debug website software.
Plan, design, schedule, write, and test database stored procedures and complex queries in order to extract, calculate or manipulate data.
Responsibilities with Job
Collaborate on the conceptualization and development of new software programs and applications with developers, programmers, and designers.
Analyze and evaluate current business systems and procedures.
Assist in the project-by-project definition, development, and documentation of software's business requirements, objectives, deliverables, and specifications in collaboration with internal users and departments.
Assist in the development of software development project plans, such as scoping, scheduling, and implementation.
Investigate, identify, analyze, and meet the needs of all internal and external program users.
Research emerging application development software products, languages, and standards to support procurement and development efforts.
Co-operate with vendors to ensure the smooth implementation of new software products or systems and resolve any adaptation issues.
Recommend, schedule, and carry out software enhancements and upgrades.
Scripts should be written to improve company applications' functionality and/or performance as required.
Create, run, and monitor software performance tests for new and existing programs.
Purposes of error correction, identifying areas for improvement, and general debugging.
Provide critical analysis of test results and problem-solving solutions.
Create statistics and write reports on the project's status for management and team members.
Create and update user manuals and guidelines.
Train users on how to use new or modified programs.
As needed, install software products for end users.
Benefits of the Role
The programmer analyst's work schedule can be very flexible. They frequently work as contractors so that they can construct and coordinate their workload. Professional development/education reimbursement, health insurance coverage, or a retirement plan are the benefits of the role of programmer analyst at Goldman Sachs.
Healthcare and Medical Insurance
Depending on the office, Goldman Sachs offers a variety of health and welfare programs. Generally speaking, these cover things like health, dental, short-term, long-term, life, accidental death, work accident, and accident insurance.
Vacation and Holiday Policies
Goldman Sachs has vacation policies that are competitive based on employee level and years of service. This is in addition to any number of statutory and public holidays that each office determines.
Retirement Planning
The company provides a variety of retirement plans and financial counseling services to help employees meet their personal long-term financial goals.
Child and Family Care
Goldman Sachs provides on-site child care centers that provide full-time and emergency backup care, as well as mother and child rooms and homework rooms in some offices. Goldman Sachs offers advice and counseling services, expectant parent resources, and transitional programs for parents returning from parental leave in every office. Stipends for adoption, surrogacy, egg donation, and egg retrieval are also available.
Leave of Absence
Employees typically have access to additional parental and adoption leave, family emergency leave, and marriage or civil partnership leave. Each office determines the pay and duration.
Numerous other benefits are available to employees. Depending on where the office is located, there may be business travel assistance, scholarships, financial aid for education, and reimbursement for some entertainment, meals, and transportation costs.
Career Path
Programmer Analyst at Goldman Sachs can have various fields to explore and choose from:
Applications Analysts Application analysts are in charge of administering, monitoring, and maintaining software infrastructures and applications. You will be in charge of making sure that all data and applications used in an organization's information systems are available, safe, and intelligible.
Computer Systems Consultants Computer systems consultants are technology experts who advise and maintain information technology software. To assist their clients, they provide valuable problem-solving solutions and critical computer system repairs.
Data Processing Systems Analysts The data analyst serves as the organization's data gatekeeper, ensuring that stakeholders can use the data to understand the data and make strategic business decisions.
Software Quality Assurance (QA) Analysts Software Quality Assurance Analysts are concerned with the use of software quality assurance principles in the development of software products. Their primary responsibilities are to test software quality and predict future problems.
You must be wondering how to prepare after discussing the salary and role, and responsibilities. So, let's talk about the process and what preparation strategies you can use to get the job.
A programmer analyst aids an organization in the maintenance and updating of software systems and programs. Programmer analysts are in charge of writing custom scripts, testing applications on a regular basis, and maintaining systems. So, according to that interview, the questions like the following are asked:
What is an interface?
What is the Dynamic method dispatch in Java?
How do you explain complex software systems to a client who doesn't know much about programming?
In Java, is a string final and immutable?
The interview process for a Programmer Analyst at Goldman Sachs consists of mostly backend questions related to Java, Javascript, and Python.
Round 1 includes resume-based shortlisting, as having a good resume is the first and most important step in the selection process.
Round 2 includes the online ‘HackerRank Test’. In this round, generally, quantitative and Computer Science questions are asked during this round.
Round 3 is a personal interview round with two or more divisions. During the interviews, you will be asked questions about your resume as well as topics such as aptitude, programming, and algorithms.
From where to prepare, you may ask, don't worry, we got your back. Below you will find every resource that will help you to prepare.
Resources for Preparation
There are lots of resources you can search for, but always we need a systematic way to learn things. Here are some necessary resources which help to become a Programmer Analyst:
This video will help you to have a better understanding of the concepts which will help you in your preparation journey.
Frequently Asked Questions
What is the function of a programmer analyst?
The role of the Programmer Analyst is to define, develop, test, analyze, and maintain new software applications in support of meeting business requirements.
What's the distinction between a programmer and a programmer analyst?
A programmer analyst consults with a company or client to determine their specific needs before designing and developing a system for them. A programmer, on the other hand, does the same coding as a systems analyst but does not work directly with clients.
Is a data analyst the same as a programmer analyst?
The amount of programming knowledge needed and how it is applied in the workplace is the main difference between a programmer analyst and a data analyst.
How long does Goldman Sachs analyst training last?
Initially, training lasts between 4 and 12 weeks, with ongoing training occurring in the months following and throughout an individual's career.
Do interns at Goldman Sachs get paid?
For employees having less than one year of experience, the average Goldman Sachs Summer Intern salary in India is 4 Lakhs per year.
Conclusion
This blog covered the role of a Programmer Analyst at Goldman Sachs. We went through responsibilities as a programmer analyst with salary and perks, skills and experience required, a career path as a Programmer Analyst at Goldman Sachs, and a roadmap to becoming a Programmer Analyst at Goldman Sachs.
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