• Consumer Finance - Collections Risk - Vice President - Richardson, TX

    Location(s) US-TX-Dallas
    Job ID
    2018-42645
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Consumer Banking
    Region
    Americas
    Division
    Consumer and Commercial Banking Division
    Business Unit
    Credit and Business Risk
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    CONSUMER AND COMMERCIAL BANKING

    In Goldman Sachs Bank USA, we offer a wide range of solutions to help our customers meet their financial goals. Our teams seek to provide the highest level of customer service and support in everything we do. The Bank offers high yield savings accounts and a variety of loan products to individuals and private bank, corporate and community clients. Our savings products include an online savings account and certificates of deposit in a variety of terms.

     

    Consumer and Commercial Banking brings innovative solutions to traditional banking activities. We are a global team of lenders, investors, risk managers, skilled marketers, web experts and banking specialists. We provide a suite of solutions to help our customers meet their personal financial goals. We make direct investments in, and risk manage, a portfolio of corporate loans and securities. And we help transform distressed communities through investments and loans of private capital.

     

    Digital Finance, a subdivision of CCBD, is composed of the firm’s digitally-led consumer businesses which include the global online consumer deposits business and the US online consumer lending business, the firm’s first-ever direct-to-consumer platform built from the ground up. Digital Finance combines the strength and heritage of a 147-year-old financial institution with the agility and entrepreneurial spirit of a tech start-up. This unique dynamic allows us to help our customers achieve financial progress through customizable solutions

    RESPONSIBILITIES AND QUALIFICATIONS

    RESPONSIBILITIES AND QUALIFICATIONS

    Requirements:

    • 10+ years of relevant industry expertise in a portfolio of large scale accounts
    • Broad based knowledge of collections and recoveries regulatory requirements
    • Ability to communicate effectively with senior leadership as well as junior analysts
    • Ability to lead the design and build out of a multi-channel collections and recoveries strategy that both lowers losses and maximizes customer experience
    • Experience in design and execution of a credit testing strategy, model building and risk based scoring frameworks
    • Experience in design, implementation and optimization of hardship/workout programs that meet safety and soundness requirements
    • Experience in design and implementation of digital self-servicing tools that prevent excessive contact center calls and maximize loss mitigation in a large portfolio

    Preferred Qualifications

    • Experience with multiple consumer loan products

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.