• CIMD- Marcus by Goldman Sachs- Cards Business Risk - Associate- Richardson, TX role

    Location(s) US-TX-Richardson
    Job ID
    Schedule Type
    Full Time
    Consumer Banking, Risk Management
    Consumer and Investment Management Division
    Business Unit
    DigFin Risk,Fraud,Collections
    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

    We are seeking a business risk professional to support our Business Risk Office within the Consumer team. Candidates should have direct experience in a consumer business risk office (first line of defense) or compliance function (second line of defense), including implementing first- or second-line quality programs, observations and findings, and interacting with regulators. 


    The successful candidate will:

    • Oversee multiple initiatives in support of risk and/or regulatory compliance related initiatives on behalf of the business including but not limited to: Risk and Control Self Assessments, Sarbanes Oxley Certifications, Complaint Management, Issue Management, Risk Event Management, Change Management, New Product Risk Assessments and Line of Defense Testing as well as Audit and Exam Management
    • Assess levels of adherence/execution and identify risk/control/process improvements
    • Ensure the business functions have adequate processes and procedures in place to effectively monitor and manage risk
    • Identify, analyze, monitor and minimize business risks and ensure proper control policies and procedures are in place
    • Serve as a subject matter expert for Issue Management in triaging issues and resolution plans
    • Manage and coordinate analytical reporting needs for the business units
    • Participate in ad-hoc and special projects, as applicable


    • Bachelor’s degree and 5+ years of work experience in, or working with, second line risk management teams including Legal, Compliance, Operational Risk, Credit Risk and Financial Crime teams preferred
    • Experience with consumer/retail products such as credit cards, lending, savings, etc. preferred
    • Broad-based knowledge of business, compliance risk management and applicable regulatory requirements
    • Ability to establish and maintain a culture of risk management and compliance, while delivering a world class customer experience
    • Ability to communicate effectively with senior leadership, key stakeholders and related counterparts
    • Understanding and ability to communicate impact on line of business of all relevant firm/regulatory led initiatives
    • Proven ability to apply strategic thinking to multiple, complex organizational and business issues
    • Strong organizational skills and the ability to manage multiple assignments concurrently
    • Ability to lead and drive change
    • Project management skills

    Consumer and Investment Management (CIMD)

    The Consumer and Investment Management Division include 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.



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