CWM - Marcus by Goldman Sachs - Portfolio Analytics - Associate - Wilmington, DE

Location(s) US-DE-Wilmington
Job ID
2021-77363
Schedule Type
Full Time
Level
Associate
Function(s)
Consumer Banking
Region
Americas
Division
Consumer and Wealth Management
Business Unit
Loans Prod Strategy and Cust E
Employment Type
Employee

MORE ABOUT THIS JOB

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.

 

Consumer

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.

RESPONSIBILITIES AND QUALIFICATIONS

Job Summary & Responsibilities

  • Responsible for creating customer segmentation, evaluating new data sources and using advanced data processing techniques to drive pricing, marketing and targeting decisions
  • Helping with the design, development, evaluation and monitoring of test and learn strategies that help business influence customer decisions throughout the application funnel
  • Carrying out market data analysis to study opportunities in the industry and identify new products/areas where Marcus can increase its market share
  • Responsible for building models that help predict customer behavior which enables better targeting and conversion
  • Developing and implementing a sound forecasting methodology to enable forecasting originations on a daily basis to help stimulate conversations around driving incremental growth
  • Responsible for working with acquisition channel owners to understand and size growth initiatives to facilitate business planning in the long term
  • Making recommendations on product, pricing, creative, segmentation, channel management, bidding
  • Working closely with technology teams to implement pricing strategies in the marketplace

 

Skills

  • Self directed team player, able to drive strong results working both independently and in a team-oriented  
  • Excellent communication and interpersonal skills
  • Good analytical and problem solving skills
  • Ability to work in a fast-paced environment and manage and prioritize multiple initiatives at the same time

Preferred Qualifications

  • 3-5 years of experience preferred
  • Advanced degree (Masters) in quantitative areas like Applied Math, Statistics, Engineering, Computer Science or related disciplines as well as marketing line experience
  • Advanced excel skills including financial modeling
  • Experience working with large data sets and and Big Data tools and stack (e.g., Hadoop)
  • Experience with one or more modeling tools (R, Matlab, Octave, SPSS, SAS) and one or more mainstream programming language (Python, Java, C, Scala, C++, etc)
  • Hands-on experience with direct marketing, segmentation, pricing, creative strategy development, market research
  • Prior strategy experience in lending/fintech/banking is strongly preferred. 
  • Strong project management skills
  • Experience working in a start-up business is preferred

 

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



© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity