• CIMD - Marcus by Goldman Sachs - Credit Governance- Associate - New York

    Location(s) US-NY-New York
    Job ID
    Schedule Type
    Full Time
    Consumer and Investment Management Division
    Business Unit
    DigFin Project Credit Risk
    Employment Type


    The firm’s Consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a startup with more than 150 years of experience. Today, we serve millions of customers across multiple products including lending, deposits, financial tools, and our partnership with Apple on Apple Card. We use innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity. As we build a leading digital consumer bank and expand into new products and partnerships, we are looking for leaders and individual contributors to join our team.


    Job Responsibilities:

    • Help install comprehensive Governance framework across Risk organization (1st line of defense) for a key product line within Marcus by Goldman Sachs
    • Be the face of the Risk organization for internal and external audits/exams. Drive the communication flow, lead the preparation, and coordinate the audits – all to drive to a successful outcome
    • Detect, research, and analyze audit findings, set up mechanisms, work with credit policy & portfolio management for effective resolution.
    • Spearhead the transformation of a modern control framework that maximizes efficiency and adherence by leveraging new-age technology, vendors, partners, and setting up automated processes,
    • Set up documentation standards, coordinate with policy owners to maintain and archive policies, procedures, reports and other information in support of credit governance, internal controls, information security, audit, and regulatory examinations.
    • Evaluate and help manage vendors/data providers for incremental value in credit management strategies in a continuous improvement environment.
    • Keep up to date with applicable regulations and compliance requirements with possible interactions with internal and external regulators.

    Basic Qualifications:

    • Bachelor's degree (U.S. or equivalent) in Finance, Accounting, Mathematics, Statistics, Economics or a related field.
    • 3+ years of experience working for a financial services company in risk management, compliance, audit, operations or similar function
    • Building, improving, or analyzing risk management in a digital consumer or small business lending context
    • Superior Excel and Powerpoint skills
    • Functional knowledge of consumer loan processing systems
    • Managing several projects simultaneously and driving end-to-end project delivery
    • Strong knowledge of Consumer Lending Regulations, Credit Policy and Risk principles
    • Exceptional written and oral communication skills with a proven ability to articulate complex ideas, express and defend a point of view, and influence outcomes

     Preferred qualifications:

    • Master's degree (U.S. or equivalent).
    • Experience using SAS, R, Python (or similar) for statistical analysis
    • Experience with credit decision making and other workflow management systems​



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