CWM - Marcus by Goldman Sachs - Credit Risk - Analyst/Associate - Wilmington, DE

Location(s) US-DE-Wilmington
Job ID
Schedule Type
Full Time
Consumer Banking
Consumer and Wealth Management
Business Unit
DigFin Risk,Fraud,Collections
Employment Type


Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.



The firm’s Consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a startup with more than 150 years of experience. Today, we serve millions of customers across multiple products including lending, deposits, financial tools, and our partnership with Apple on Apple Card. We use innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity. As we build a leading digital consumer bank and expand into new products and partnerships, we are looking for leaders and individual contributors to join our team.




  • Perform statistically driven credit underwriting and risk analyses using a variety of analytical techniques and data sources for the development of consumer acquisition strategies across accept/decline, pricing and term optimization
  • Develop best-in-class loss forecasting framework for consumer lending business
  • Partner with marketing, finance and operations teams to ensure smooth execution and that team is meeting all control requirements
  • Analyze credit bureau data to identify and derive attributes for credit risk decision
  • Build and optimize existing customer management strategies to improve customer level profitability
  • Ensure that all credit strategies align with the Firm’s Risk Appetite framework
  • Keep up to date with applicable regulations and compliance requirements with possible interactions with internal and external regulators
  • Develop analytical reports and presentations for senior management, executive committees and regulatory exams
  • Manage and mentor junior analysts to help them deliver on analytical projects




Master’s degree (US or foreign equivalent) in Mathematics, Statistics, Economics, Engineering or a related field




Five (3) years of experience in the job offered or in a similar quantitative role with experience:


  • Developing comprehensive reports using SQL or a similar database query language for extracting data from large datasets
  • Using advanced Microsoft Office skills, specifically Excel (including creation of pivot tables, logic functions, data tables and regression analysis), PowerPoint and Word
  • Utilizing SAS, R, Python (or similar) for statistical modeling and analyzing time-series data
  • Building, improving and analyzing risk management in an unsecured consumer lending with experience related to personal loans or credit cards
  • Utilizing knowledge of U.S. credit bureau data, Risk Scorecards and ability to pay
  • Managing several projects simultaneously and driving end-to-end project delivery
  • Experience building credit strategy for digital acquisition channels
  • Working for an industry leading financial service provider with managed loan balances of ~$5B
  • Visualizing complex data analyses and communicating to a wide variety of audiences, including senior leadership
  • Developing policy and procedures documentation for credit risk strategy execution
  • Developing and automating quality control process to ensure intended execution of credit strategies
  • Deep understanding of income and debt relationship in the context of credit underwriting that includes but not limited to design income verification requirements
  • Leading people or end to end projects involving cross functional deliverable



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.



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

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more:

© The Goldman Sachs Group, Inc., 2020. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity