PLATFORM SOLUTIONS

We build and embed cloud-based, developer-centric financial products and services in our clients’ ecosystems to help them better serve their own clients and customers

Partnership Cards, part of the platform solutions business, caters to the financial needs of millions of customers thru embedded solutions with our key clients and partners. Best in class platform and risk management organizations are the foundational pillars for this business.

YOUR IMPACT

In your role on the risk management team for the US-based partnership cards business, you will be responsible for the design, development and execution of a comprehensive solutions related to fraud strategy and supporting regulatory monitoring and analytics. The ideal candidate will be able to analyze fraud trends and develop fraud solutions needed to address current as well as evolving fraud threats. The candidate must be able to collaborate and influence across divisions to deliver enterprise fraud initiatives and have experience working with internal and external governance teams across the business including Customer Operations, Financial Crimes (AML), Compliance, Decision Sciences and Technology.

OUR IMPACT

The risk management function as a key foundational pillar of the business strives to service our customers and clients thru principles of responsible finance. The organization has a mandate to optimize the risk reward trade -offs while continuing to enhance the customer experience and services. The organization has end to end responsibility to manage the risk of the business, meet and exceed regulatory, control and governance expectations. All of this while continuing to strive and service the customers financial needs. 

The function boasts of best in class talent that is diverse and inclusive. The function combines sophisticated data analytics, modelling and engineering techniques with sound business analyses to drive key decisions and outcomes and help the business navigate thru economic credit cycle.

We excel in building platform capabilities, performing economic analytics to maximize risk reward trade-offs, developing best in class sophisticated models and strategies with advanced statistical techniques and creating business critical regulatory controls and governance processes while continuing to be part of progressive, responsible growth oriented organization.

JOB SUMMARY AND RESPONSIBILITIES

• Thought leader who can provide the vision and develop for strategic road map for the Fraud Data Science function. 
• Statistical Model development and model management for managing Fraud Risk within Apple Card business
• Be a leader in Data Science space and lead model development projects across fraud risk and operations use cases.
• Develop the processes and standard operating procedures for effective model management including model validation, fair lending and other regulatory compliance related analyses.
• Develop the vision and road map for adoption and deployment of AI and ML models to maximize the effectiveness of models without compromising on the compliance. 
• Prepare and lead projects related to regulatory exams and Internal Audit reviews. 
• Stakeholder management with enterprise level compliance teams as well as risk oversight teams including MRM, fair Lending, legal and compliance organizations.
• Partner closely with the strategy and product teams to understand business needs and use cases where models can be developed and deployed.
• Review, evaluate and drive selection of new vendors or technologies to enhance the Data Science function and mitigate emerging risks 
• Research and remain current on the latest industry trends and recommend tools, services, and practices for improvement. 
• Mentor, develop and lead team of highly talented, skilled data science experts.

PREFERRED QUALIFICATIONS

• 10+ years of prior experience working in data science/strategy roles including areas like model risk management, validation and managing regulatory risk related models
• Proficiency in Pyspark, R or Python, SQL 
• Advanced analytical/quantitative and deductive reasoning skills 
• Hands on, self-motivated, quick-learner, assertive and well organized 
• Ability to work independently, but still be a strong team player 
• Previous experience in automation, process optimization and increasing efficiency 
• Attention to details and excellent oral and written communication skills 
• Flexibility and ability to manage multiple projects 
• Experience in stakeholder management.
• Strategy experience is a plus 

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

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