Platform Solutions-New York - Vice President, Data Analytics - 8702366

Goldman Sachs • New York, NY

110d • $194,000 - $213,000

About The Position

The Vice President, Data Analytics at Goldman Sachs Bank USA in New York, New York, is responsible for evaluating the relevance of new collections initiatives related to assistance programs. This includes making business cases for new strategies and estimating and measuring the potential impact of existing initiatives. The role involves data analysis and presentations related to the performance of delinquent card portfolios to senior management, distilling key findings into consumable insights and communicating them to leadership and internal and external stakeholders. The position requires collaboration with Legal, Compliance, Engineering, and Product stakeholders to drive new projects and enhance existing processes. Advanced data analytics will be used to create risk segmentations based on multivariate analysis that are utilized to build new strategies. The Vice President must keep up to date with applicable regulations and compliance requirements for possible interactions with internal and external regulators. Additionally, the role involves building and monitoring an exhaustive set of detective controls and owning remediations for control breaches while working with stakeholders for fixes on credit card collections products. Statistical analysis is also a key component, including determining test volumes, measuring the significance of results using t-tests, and determining the optimal strategy for the business.

Requirements

• Bachelor's degree in Financial Engineering, Data Analytics, Business Administration, Business Analytics, Statistics, Operations Research, or relevant field.
• Five (5) years of experience in the job offered or in a related role.
• Experience flagging and monitoring causal effects and trends in consumer finance.
• Stakeholder management experience in the retail banking industry.
• Knowledge of collections related regulations and compliance requirements including FDCPA, UDAAP, TILA (Reg Z), and ECOA (Reg B).
• Experience with credit risk management or collections risk management.
• Proficiency in SQL and data manipulation through Python and PySpark.
• Experience performing statistically driven data analyses using various analytical techniques and data sources.
• Familiarity with Databricks, Snowflake, Tableau, and Excel.
• Ability to develop analytical reports and presentations for senior management and regulatory exams.

Responsibilities

• Evaluate relevance of new collections initiatives related to assistance programs.
• Make business cases for new strategies and estimate potential impact of existing initiatives.
• Conduct data analysis and presentations related to performance of delinquent card portfolios.
• Communicate key findings to leadership and internal/external stakeholders.
• Collaborate with Legal, Compliance, Engineering, and Product stakeholders to drive new projects.
• Enhance existing processes using advanced data analytics.
• Create risk segmentations based on multivariate analysis.
• Stay updated with applicable regulations and compliance requirements.
• Build and monitor detective controls and manage remediations for control breaches.
• Perform statistical analysis for determining test volumes and measuring significance of results.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree