Goldman Sachs Bank USA is looking to solve problems related to the performance of delinquent card portfolios and the evaluation of new collections initiatives. This involves developing new strategies, measuring their impact, and enhancing existing processes to improve risk segmentation and control breaches.
Requirements
- SQL and data manipulation through Python and PySpark
- performing statistically driven data analyses using a variety of analytical techniques and data sources including Databricks, Snowflake, Tableau, and Excel
- developing analytical reports and presentations for senior management, executive committees, and regulatory exams
- flagging and monitoring causal effects and trends in consumer finance and evaluating associated risk-splitters
- experience with credit risk management or collections risk management
Responsibilities
- Evaluate relevance of new collections initiatives related to assistance programs including making business cases for new strategies and estimating and measuring the potential impact of existing initiatives.
- Data analysis and presentations related to performance of delinquent card portfolios to senior management distilling key findings into consumable insights and communicating to leadership and internal and external stakeholders.
- Use advanced data analytics to create risk segmentations based on multivariate analysis that are used to build new strategies.
- Build and monitor an exhaustive set of detective controls and own remediations for control breaches while working with stakeholders for fixes on credit card collections products.
- Statistical analysis for determining test volumes, measuring significance of results using t-tests, and determining optimal strategy for the business.
Other
- Bachelor’s degree (U.S. or foreign equivalent) in Financial Engineering, Data Analytics, Business Administration or Business Analytics, Statistics, Operations Research, or relevant field such as Mining Engineering
- five (5) years of experience in the job offered or in a related role
- Stakeholder management in the retail banking industry including working with Legal, Compliance, Product, Engineering and Operations
- Collections related regulations and compliance requirements including FDCPA, UDAAP, TILA (Reg Z) and ECOA (Reg B)
- Keep up to date with applicable regulations and compliance requirements for possible interactions with internal and external regulators.
