Goldman Sachs Bank AG
Enterprise Partnerships, Credit Risk, Vice President
Goldman Sachs Bank AG, New York, New York, us, 10261
Enterprise Partnerships, Credit Risk, Vice President location_on New York, New York, United States
PLATFORM SOLUTIONS In Platform Solutions (PS), we power clients with innovative and customer-centered financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. Join us on our journey to deliver financial products and platforms that prioritize the customer and developer experience.
ROLE SUMMARY AND RESPONSIBILITIES The Credit Risk Strategy team develops, implements and maintains the underwriting strategy as well as customer management strategies for the consumer lending business at Goldman Sachs. We leverage traditional, alternative and behavioral data to create an underwriting policy that helps ensure risk‑adjusted returns. We work extensively with the marketing, decision sciences, product and technology teams to help create a product and experience that puts the customer at the center.
We are looking for individuals with strong problem‑solving and analytical skills, innovative thinking and intellectual curiosity who want to make an immediate impact on the credit strategy and help the business manage risk effectively. Your Impact Are you passionate about analyzing data, finding insights and using that to build new strategies? We’re looking for a professional to join our Credit Risk Strategy team who wants to use their skills and ideas to build the credit strategy for a digital consumer lending business at Goldman Sachs. Job Summary
Build new and optimize existing customer management strategies to improve customer level profitability
Analyze data (e.g. traditional and alternative bureau, behavioral & macroeconomic data) using statistical tools and analytical techniques to generate insights and optimize credit decisions (accept/ decline, pricing and credit line)
Partner with marketing, finance, engineering and operations teams to ensure appropriate execution of credit policy requirements
Analyze and evaluate potential vendors/data providers for incremental value in credit management strategies in a continuous improvement environment
Keep up to date on applicable regulations and compliance requirements by interacting with internal and external regulators
Create strong risk management and control culture to ensure ongoing compliance with regulatory and policy requirements
Develop analytical reports and presentations for senior management, executive committees and regulatory exam
Communicate effectively and clearly with senior leadership as well as junior analysts and external partners
REQUIREMENTS
Bachelor’s (Master’s preferred) degree (U.S. or equivalent) in Mathematics, Statistics, Economics, Engineering or a related field
8+ years of relevant industry experience (preferably in a portfolio of large‑scale accounts)
Comprehensive knowledge of credit risk strategies for customer management policy
Experience in design and implementation of credit risk policies driving profitability and analyzing portfolio health
Experience in design and execution of a credit testing strategy utilizing risk models and decision tree frameworks
Industry knowledge of how payments work, recession management frameworks, monitor competitive intelligence and drive product innovation
Prior work experience must include:
Working with U.S. Credit bureau data, Risk Scorecards, lending product financials especiallyP&L management for line management and account management programs
Developing comprehensive risk management reports and visualizing complex data analyses and communicating to a wide variety of audiences
Overseeing multiple projects concurrentlyand driving end‑to‑end project delivery
Developing policy and procedures documentation for credit risk strategy execution
Developing and automating quality control processes to ensure intended execution of credit strategies
Hands‑on experience with SAS, R, Python (or similar database query language) for extracting data from large datasets, statistical modeling and analyzing time‑series data
Expertise with Microsoft Office (Excel, PowerPoint and Word)
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
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Healthcare & Medical Insurance We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr
PLATFORM SOLUTIONS In Platform Solutions (PS), we power clients with innovative and customer-centered financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. Join us on our journey to deliver financial products and platforms that prioritize the customer and developer experience.
ROLE SUMMARY AND RESPONSIBILITIES The Credit Risk Strategy team develops, implements and maintains the underwriting strategy as well as customer management strategies for the consumer lending business at Goldman Sachs. We leverage traditional, alternative and behavioral data to create an underwriting policy that helps ensure risk‑adjusted returns. We work extensively with the marketing, decision sciences, product and technology teams to help create a product and experience that puts the customer at the center.
We are looking for individuals with strong problem‑solving and analytical skills, innovative thinking and intellectual curiosity who want to make an immediate impact on the credit strategy and help the business manage risk effectively. Your Impact Are you passionate about analyzing data, finding insights and using that to build new strategies? We’re looking for a professional to join our Credit Risk Strategy team who wants to use their skills and ideas to build the credit strategy for a digital consumer lending business at Goldman Sachs. Job Summary
Build new and optimize existing customer management strategies to improve customer level profitability
Analyze data (e.g. traditional and alternative bureau, behavioral & macroeconomic data) using statistical tools and analytical techniques to generate insights and optimize credit decisions (accept/ decline, pricing and credit line)
Partner with marketing, finance, engineering and operations teams to ensure appropriate execution of credit policy requirements
Analyze and evaluate potential vendors/data providers for incremental value in credit management strategies in a continuous improvement environment
Keep up to date on applicable regulations and compliance requirements by interacting with internal and external regulators
Create strong risk management and control culture to ensure ongoing compliance with regulatory and policy requirements
Develop analytical reports and presentations for senior management, executive committees and regulatory exam
Communicate effectively and clearly with senior leadership as well as junior analysts and external partners
REQUIREMENTS
Bachelor’s (Master’s preferred) degree (U.S. or equivalent) in Mathematics, Statistics, Economics, Engineering or a related field
8+ years of relevant industry experience (preferably in a portfolio of large‑scale accounts)
Comprehensive knowledge of credit risk strategies for customer management policy
Experience in design and implementation of credit risk policies driving profitability and analyzing portfolio health
Experience in design and execution of a credit testing strategy utilizing risk models and decision tree frameworks
Industry knowledge of how payments work, recession management frameworks, monitor competitive intelligence and drive product innovation
Prior work experience must include:
Working with U.S. Credit bureau data, Risk Scorecards, lending product financials especiallyP&L management for line management and account management programs
Developing comprehensive risk management reports and visualizing complex data analyses and communicating to a wide variety of audiences
Overseeing multiple projects concurrentlyand driving end‑to‑end project delivery
Developing policy and procedures documentation for credit risk strategy execution
Developing and automating quality control processes to ensure intended execution of credit strategies
Hands‑on experience with SAS, R, Python (or similar database query language) for extracting data from large datasets, statistical modeling and analyzing time‑series data
Expertise with Microsoft Office (Excel, PowerPoint and Word)
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
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Healthcare & Medical Insurance We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short‑term disability, long‑term disability, life, accidental death, labor accident and business travel accident insurance.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state‑of‑the‑art on‑site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on‑site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre‑approved amount).
Child Care & Family Care We offer on‑site child care centers that provide full‑time and emergency back‑up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class‑leading benefits our firm has to offer.
#J-18808-Ljbffr