• CIMD - Marcus by Goldman Sachs - Fraud Investigation - Vice President - Richardson,TX/New York City

    Location(s) US-TX-Richardson | US-NY-New York
    Job ID
    Schedule Type
    Full Time
    Vice President/Executive Director
    Consumer Banking
    Consumer and Investment Management Division
    Business Unit
    DigFin Project Bus Risk Fraud
    Employment Type

    Marcus by Goldman Sachs is the firm’s consumer business, combining the entrepreneurial spirit of a startup with 150 years of experience. Today, Marcus has $50 billion in deposits, $5 billion in loan balances and 4 million customers across our lending and deposits businesses, as well as the personal financial management app, Clarity Money. Through the use of insights and intuitive design, we provide customers with powerful tools and products that are grounded in value, transparency and simplicity. We are backed by our unique team, comprised of individual contributors from leading agile technology companies, fintechs and consumer financial services companies, allowing us to disrupt the industry, while helping consumers take control of their financial lives.


    Your Impact

    As a fraud associate, you will be responsible for evaluating the circumstances of cases of suspected or confirmed fraud and making recommendations about future measures. You will be responsible for identification, development and investigation of consumer financial services fraud. You will analyze data for patterns and trends and make recommendations to improve policy and procedures.


    • Gather, organize and analyze data as it pertains to case development through the use of analytical tracking and data management tool
    • Review developing cases, identify and analyze points of compromise, and communicate potential risk to Fraud leadership
    • Determine action required based on established procedures and work with supervisor to handle more complex cases
    • Coordinate the investigation of any fraud issue with the appropriate fraud investigation unit as appropriate.
    • Place appropriate hold on accounts deemed to have fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements
    • Communicate professionally with customers, merchants, financial institutions and other personnel to resolve system problems or request additional information and / or documentation to support a decision on whether fraudulent activity has occurred
    • Manage significant caseload and utilize the company investigation system
    • Open and prepare cases and follow all documented procedures to ensure proper cases detail is completed



    • Bachelor's Degree or equivalent combination of education and fraud experience
    • Ability to analyze data for patterns and trends and to take findings and communicate them in an effective manner
    • Detailed-oriented and organized
    • Minimum of 7+ years of experience in financial services or related industries
    • Ability to research and make appropriate decision regarding complex cases
    • Ability to work some rotating weekends and holidays
    • Proven track record of strong leadership skills, experience leading a team preferred
    • People management experience

    The Consumer and Investment Management Division includes Goldman Sachs Asset Management (GSAM), Private Wealth Management (PWM) and our Consumer business (Marcus by Goldman Sachs). We provide asset management, wealth management and banking expertise to consumers and institutions around the world. CIMD partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.


    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., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.