Credit Risk Strategy Associate

2 weeks ago

Wilmington, Delaware, United States Goldman Sachs Full time

ABOUT THE ROLE:

Consumer and Wealth Management (CWM)

Goldman Sachs is dedicated to assisting clients and customers globally in achieving their financial aspirations. Our advisor-led wealth management services encompass financial planning, investment management, banking, and comprehensive guidance for a diverse clientele, including ultra-high net worth individuals, family offices, foundations, endowments, and corporations. Our consumer division offers digital solutions that empower individuals to manage their spending, borrowing, investing, and saving more effectively. Our growth is propelled by a steadfast commitment to our people, clients, and innovative technology.

CONSUMER BUSINESS:

Marcus by Goldman Sachs embodies the entrepreneurial spirit of a startup, backed by over 150 years of expertise. We serve millions of customers through various offerings, including lending, deposits, and financial tools, in collaboration with partners like Apple on Apple Card. Our approach integrates innovative design, data, and engineering to deliver valuable, transparent, and straightforward products and services. As we continue to develop a leading digital consumer bank and explore new products and partnerships, we seek both leaders and individual contributors to join our dynamic team.

YOUR CONTRIBUTION:

The Credit Risk Strategy team is responsible for crafting, executing, and refining the underwriting strategy and customer management approaches for our consumer lending operations. We utilize a mix of traditional, alternative, and behavioral data to formulate an underwriting policy that ensures risk-adjusted returns. Collaboration with marketing, decision sciences, product, and technology teams is essential to create a customer-centric product and experience. We are looking for individuals with strong analytical skills, innovative thinking, and a desire to make a significant impact on credit strategy and risk management.

KEY RESPONSIBILITIES:

  • Design, implement, and maintain credit underwriting strategies for digital lending products.
  • Analyze various data sources (traditional and alternative bureau, behavioral & macroeconomic data) using statistical tools to derive insights and enhance credit decision-making.
  • Refine existing customer management strategies to boost profitability at the customer level.
  • Collaborate with marketing, finance, and operations teams to ensure effective execution of credit policy requirements.
  • Evaluate potential vendors/data providers for added value in credit management strategies.
  • Stay informed on relevant regulations and compliance requirements, engaging with internal and external regulators as necessary.
  • Prepare analytical reports and presentations for senior management and regulatory examinations.

QUALIFICATIONS:

  • Bachelor's degree (Master's preferred) in Mathematics, Statistics, Economics, Engineering, or a related field.
  • 2+ years of experience in a similar role or in quantitative research for analysts, and 5+ years for associates.

REQUIRED EXPERIENCE:

  • Experience in building or analyzing risk management in digital consumer or small business lending sectors.
  • Familiarity with U.S. credit bureau data and risk scorecards.
  • Proficiency in statistical modeling and time-series data analysis using SAS, R, Python, or similar tools.
  • Advanced skills in Microsoft Office, particularly Excel (including pivot tables, logic functions, and regression analysis), PowerPoint, and Word.
  • Ability to visualize complex data analyses and communicate findings to diverse audiences, including senior leadership.
  • Experience in developing risk management reports using SQL or similar database query languages.
  • Capability to manage multiple projects simultaneously and drive them to completion.
  • Experience in developing policy and procedure documentation for credit risk strategy execution.
  • Ability to create and automate quality control processes to ensure effective execution of credit strategies.

ABOUT GOLDMAN SACHS:

Goldman Sachs is a premier global investment banking, securities, and investment management firm. We are committed to leveraging our people, capital, and ideas to support our clients, shareholders, and the communities we serve. Our diverse and inclusive workplace fosters professional and personal growth through various training and development opportunities.

  • Credit Risk Strategy Associate

    17 hours ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    About Goldman SachsGoldman Sachs is a leading global investment banking, securities and investment management firm. Our Consumer and Investment Management Division includes Goldman Sachs Asset Management, Private Wealth Management and our Consumer business (Marcus by Goldman Sachs).Job SummaryWe are seeking a skilled Credit Risk Strategy Associate to join...

  • Credit Risk Strategy Associate

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    POSITION OVERVIEWThe Consumer and Wealth Management (CWM) division at Goldman Sachs is dedicated to empowering clients globally to achieve their financial aspirations. Our wealth management services encompass financial planning, investment management, and banking solutions tailored for a diverse clientele, including high net worth individuals and corporate...

  • Credit Risk Strategy Associate

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THE ROLE:Consumer and Wealth Management (CWM)Goldman Sachs is dedicated to assisting clients and customers globally in achieving their financial aspirations. Our wealth management services encompass financial planning, investment management, banking, and comprehensive advisory for a diverse clientele, including ultra-high net worth individuals, family...

  • Credit Risk Strategy Associate

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THE POSITION:Goldman Sachs Bank USA provides a diverse array of financial solutions aimed at assisting our clients in achieving their financial aspirations. Our teams are dedicated to delivering exceptional customer service and support across all operations. The Bank features high-yield savings accounts and a selection of loan products tailored for...

  • Credit Risk Strategy Associate

    1 week ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    POSITION OVERVIEW:Goldman Sachs Bank USA provides a diverse array of financial solutions aimed at assisting our clients in achieving their financial aspirations. Our dedicated teams strive to deliver exceptional customer service and support across all our offerings. The Bank features high-yield savings accounts alongside various lending products tailored for...

  • Credit Risk Strategy Associate

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THIS POSITION:Goldman Sachs Bank USA provides a diverse array of financial solutions designed to assist our clients in achieving their financial aspirations. Our dedicated teams strive to deliver exceptional customer service and support in all aspects of our operations. The Bank features high-yield savings accounts alongside a selection of loan...

  • Credit Risk Strategy Associate

    1 week ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THIS POSITION:At Goldman Sachs Bank USA, we provide a comprehensive array of solutions designed to assist our clients in achieving their financial aspirations. Our dedicated teams are committed to delivering exceptional customer service and support in all our endeavors. The Bank features high-yield savings accounts alongside a variety of lending...

  • Credit Risk Strategy Associate

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THE ROLE:Consumer and Wealth Management (CWM)Goldman Sachs is dedicated to assisting clients and customers globally in achieving their financial aspirations. Our advisor-led wealth management services encompass financial planning, investment management, banking, and comprehensive advice tailored to a diverse clientele, including ultra-high net worth...

  • Senior Manager of Credit Risk Strategies

    2 weeks ago

    Wilmington, Delaware, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Pay Details: $110,760 - $178,880 USD TD is dedicated to ensuring equitable compensation for all employees. The salary range for this position reflects various factors considered in compensation decisions, including skills, experience, job-related knowledge, and geographic location. Candidates are encouraged...

  • Credit Risk Specialist

    2 months ago

    Wilmington, Delaware, United States Wells Fargo Full time

    About this role:Wells Fargo is seeking a Credit Risk Specialist within Collections Risk Strategy / Unsecured Default Servicing Risk, a part of the Consumer Lending Chief Risk Office (CRO) team. Learn more about the career areas and lines of business at In this role, you will:Create, maintain and champion an environment where there is a high degree of...

  • Senior Manager of Credit Risk Strategies

    1 week ago

    Wilmington, Delaware, United States TD Bank Group Full time

    Work Location: United States of America Hours: 40 Pay Details: $110,760 - $178,880 USD TD is dedicated to ensuring fair and equitable compensation for all employees. The salary range for this position reflects various factors that influence compensation decisions, including skills, experience, job-related knowledge, and geographic location. It is typical for...

  • Senior Credit Risk Manager

    5 days ago

    Wilmington, Delaware, United States Citigroup Inc Full time

    Job SummaryThe Senior Credit Risk Manager is a senior-level position responsible for leading activities including credit review, credit approvals, and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to develop and manage credit risk strategies for new customer...

  • Marcus by Goldman Sachs

    1 week ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    POSITION OVERVIEWGoldman Sachs is seeking a dedicated professional to join our Credit Risk Strategy team within the Consumer and Wealth Management division. This role focuses on developing and refining the underwriting strategies and customer management protocols for our digital lending products.OUR MISSIONAt Goldman Sachs, we aim to empower our clients to...

  • Manager, Credit Risk and Financial Crimes

    5 days ago

    Wilmington, Delaware, United States TD Bank Group Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Manager to join our Credit Risk and Fraud Prevention team at TD Bank Group. As a key member of our team, you will be responsible for designing, developing, and implementing strategies to prevent and mitigate credit risk and financial crimes.Key ResponsibilitiesDevelop and implement credit...

  • Credit Risk Senior Manager

    2 days ago

    Wilmington, Delaware, United States TD Bank Group Full time

    Job Description**Job Summary**The Credit Risk Senior Manager is responsible for designing, developing, implementing, and validating various First Party Fraud & Credit Abuse strategies. These strategies include, but are not limited to, adjudication, account and exposure management, collection treatments, financial return optimization.**Key...

  • Credit Risk Strategist I

    2 weeks ago

    Wilmington, Delaware, United States TD Bank Full time

    Work Location:United States of AmericaHours:40Compensation Details:$86,840 - $139,360 USDTD is dedicated to ensuring fair and equitable compensation opportunities for all team members. The provided salary range for this position considers various factors that influence compensation decisions. The actual base pay offered may differ based on the candidate's...

  • Consumer Lending Credit Risk Analyst

    2 weeks ago

    Wilmington, Delaware, United States Goldman Sachs Full time

    ABOUT THIS POSITION:At Goldman Sachs Bank USA, we provide a comprehensive array of solutions designed to assist our clients in achieving their financial aspirations. Our dedicated teams strive to deliver exceptional customer service and support in all our endeavors. The Bank features high-yield savings accounts alongside a variety of loan offerings tailored...

  • Risk Strategy and Analytics Lead – Collections

    2 days ago

    Wilmington, Delaware, United States Intelletec Full time

    We are seeking a seasoned professional to join our team at Intelletec as a Collections Analytics and Risk Expert. This is a fantastic opportunity to leverage your expertise in collections data and risk strategy to drive business growth and profitability.**Key Responsibilities:**Design and implement collections strategies and assess risk profiles to optimize...

  • Credit Portfolio Officer

    5 days ago

    Wilmington, Delaware, United States Citigroup Inc Full time

    Job SummaryThe Senior Credit Risk Management Leader will be responsible for leading activities including credit review, credit approvals, and monitoring the portfolio to identify credit migration in coordination with the Risk Management team. The overall objective of this role is to develop and manage credit risk strategies for new customer acquisitions.Key...

  • Senior Vice President, Retail Credit Strategy

    2 weeks ago

    Wilmington, Delaware, United States Barclays Full time

    Position OverviewThe Senior Vice President of Retail Credit Strategy at Barclays will be instrumental in shaping the risk management frameworks that underpin our retail card offerings.Key ResponsibilitiesThis role involves:Driving the formulation of risk management strategies tailored for retail card portfolios.Utilizing analytical methodologies to enhance...