Operations – Treasury Services – Treasury Controls – Fraud Product Manager - Vice President – Dallas

Location(s) US-TX-Dallas
Job ID
2021-70716
Schedule Type
Full Time
Level
Vice President/Executive Director
Function(s)
Operations
Region
Americas
Division
Operations
Business Unit
Treasury Ops
Employment Type
Employee

MORE ABOUT THIS JOB

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

RESPONSIBILITIES AND QUALIFICATIONS

OPERATIONS

Operations is a dynamic, multi-faceted division that partners with all parts of the firm to provide banking, securities, and asset management services to clients around the world. In addition, Operations provides essential risk management and controls to preserve and enhance the firm's assets and its reputation. For every new product launched and every trade executed, it is Operations that develops and manages the processes and controls that enable business flow.

 

YOUR IMPACT

You are looking to join a fast-paced, dynamic team that has broad connectivity across the firm for a franchise critical process. You will collaborate with cross-Federation teams and across the globe to manage the firm’s cash payments and receipts each day. You have a strong desire to learn about the firms different businesses and how they support our client and manage business risks, as well as work closely with a network of key banks and internal payments team to ensure smooth execution.  

 

OUR IMPACT

Treasury Services is a sub division of the Operations Division. As a global, multi-faceted and cross product sub division, the primary objectives are to mitigate counterparty credit risk through the active monitoring of clients’ derivative and securities financing portfolios while optimizing the firm’s liquidity.  Treasury Services is currently 300+ staff strong globally, with regional presence in Salt Lake City, Dallas, New York, London, Bangalore, Singapore, Hong Kong, Tokyo, and many other offices working closely together.

 

The sub division has a rare opportunity to support products and business ranging from foreign exchange, commodities, credit, equity, interest rates, Repo, insurance/pensions and bespoke structured derivatives and arrangements. We manage a wide range of complex processes, with members developing skills and competencies around derivative and security products, funding projections, cash management, margin risk management, counterparty exposure management and their respective business areas, legal agreements, technology flows and regulations.

 

SKILLS AND EXPERIENCE WE’RE LOOKING FOR

Basic Qualifications

  • Bachelor’s degree with 3-7 years of experience in financial services (minimum of 5 years total). 
  • Utilize fraud risk detection systems and internal bank systems to review suspect items and warning reports on a daily basis. Interpret reason codes and follow specified procedures on how to handle suspect activity. Leveraging this payment knowledge, to work closely with our technology and project team to assist with payment system design and re-write
  • Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail
  • Knowledge of Actimize Case Management system
  • Responsible for Actimize/fraud data analytics, BI and reporting. 
  • Identify patterns/trends that would inform new rules and model enhancements.
  • Manage rule strategy, governance and enhancements.  Facilitate monthly fraud rule governance meeting
  • Partner with Fraud team leadership on overall strategy and product management.
  • Data/analytics to propose new rules and manage performance of existing rules in both TxB and Institutional
  • Data/analytics to optimize operations and business unit engagement
  • Data/analytics to proactively detect fraud patterns; simultaneously to reduce false positives
  • Contribution to efforts to obtain more data as Actimize implementation widens
  • Support GS machine learning as program and product continues to expand.
  • Support ActimizeWatch implementation with Actimize data science engagement and internal testing.

 

 

ABOUT GOLDMAN SACHS

ABOUT GOLDMAN SACHS

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 GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html



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Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity