Vice President, Data Analytics-Fraud Prevention

Goldman Sachs, Inc.; Masonboro (NC); On-site; USD 140,000 - 220,000; Full time

Job summary

Goldman Sachs is seeking a Vice President for Ring Search and Regulatory Reporting in Wilmington, DE, to oversee advanced data analytics and fraud-risk initiatives. You will collaborate with Business, Product, Tech, Operations, and Compliance to implement solutions and drive risk controls across the application lifecycle.

The role requires 5+ years with a Master’s or 7+ years with a Bachelor’s in analytics, finance, or related fields, with strong ML, forecasting, and process optimization skills.

Qualifications

• 5+ years in a business analyst/project management role in financial services.
• Experience with forecasting methods and ML techniques to analyze drivers and trends.
• Define functional requirements and SLAs for product/project lifecycle.
• Process re-engineering and workflow design experience.
• Experience with desktop platforms and understanding system dependencies.

Responsibilities

• Perform and oversee advanced data analytics and ML activities to monitor portfolio health.
• Identify opportunities to drive fraud prevention and customer experience.
• Develop modeling and linking techniques to understand performance drivers.
• Collaborate with Business, Product, Technology, Operations, and Compliance teams to implement solutions and risks controls.
• Lead end-to-end project delivery and prepare executive presentations.
• Introduce new data analysis methods and graphical tools.
• Manage staff focused on high-risk account detection and risk controls at application.

Skills

Data analytics

Machine learning

Time series analysis

SLO definition

Process re-engineering

Project management

Stakeholder communication

Risk identification

Education

Master's degree

Bachelor's degree

Tools

Python

SQL

ML libraries

Job description

Job Description

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.

Enterprise Partnerships, consumer financial products that companies embed directly within their ecosystems to better serve their end customers

RESPONSIBILITIES

• Vice President, Ring Search and Regulatory Reporting with Goldman Sachs Bank USA in Wilmington, Delaware.
• Perform and oversee advanced data analytics (e.g. machine learning) activities while monitoring portfolio health and identifying opportunities to drive industry leading fraud prevention and exceptional customer experience.
• Leverage advanced modeling and account linking techniques to understand the drivers of the portfolio performance and identify solutions for loss mitigation.
• Work closely with Business, Product, Technology, Operations, and Compliance teams to implement solutions and improve the identification of high-risk accounts, deploy countermeasures for emerging risks, and support the referral process for submitting Suspicious Activity Reports.
• Identify, document, and improve existing processes to maximize efficiency in constantly evolving environments with operations queuing and risk segmentation.
• Provide analysis, design strategies for strategic projects and drive end-to-end project delivery.
• Prepare executive presentations, lead strategy and capability planning, and organize team meetings and activities.
• Introduce new data analysis and high-risk account linking methodologies and graphical tools.
• Manage staff dedicated to defining fraud rings, referring volumes to second line of defense, and implementing risk management controls at point of application and for ATO fraud investigations.

QUALIFICATIONS

Prior work experience must include five (5) years (with a Master’s degree) OR seven (7) years (with a Bachelor’s degree) with each of the following:

• Working in a business analyst and project management role within the financial services sector.
• Analyzing data trends, utilizing forecasting methods such as Time Series analysis, and leveraging Machine Learning techniques such as Gradient Boost and Random Forest to perform deep dive and understand drivers and trends.
• Defining functional requirements, service level projects (SLOs), quality-related measurements and scenario-based use cases in support of the product or project management lifecycle.
• Process re-engineering and workflow design.
• Working with desktop platforms and applications, ensuring overall availability, while factoring in upstream or downstream system dependencies.

LOCATION

Wilmington, DE; Richardson, TX

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., 2023. All rights reserved.

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.