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

    Location(s) US-NY-New York
    Job ID
    2020-59557
    Schedule Type
    Full Time
    Level
    Associate
    Function(s)
    General
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    DigFin Project Credit Risk
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    CONSUMER (MARCUS BY GOLDMAN SACHS)

    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.

    RESPONSIBILITIES AND QUALIFICATIONS

    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​

    ABOUT GOLDMAN SACHS

    ABOUT GOLDMAN SACHS

    At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

    We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

    We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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