• CIMD - Marcus by Goldman Sachs - Collections Strategy - Vice President - Richardson, TX

    Location(s) US-TX-Richardson
    Job ID
    2019-57105
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Consumer Banking
    Region
    Americas
    Division
    Consumer and Investment Management Division
    Business Unit
    DigFin Risk,Fraud,Collections
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    CONSUMER (MARCUS BY GOLDMAN SACHS)

    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.

    RESPONSIBILITIES AND QUALIFICATIONS

    JOB SUMMARY

    • Lead collections strategy for multiple products to minimize losses for the business
    • Manage a growing team of collections analysts 
    • Design and execute go to market collections strategies for new consumer products

     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 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
    • Experience coding in SQL, Python, and R

    Preferred Qualifications

    • Experience with multiple consumer loan products

     

    CONSUMER AND INVESTMENT MANAGEMENT DIVISION (CIMD)

    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.     

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