AWM, Marcus by Goldman Sachs, Pricing & Analytics (Modeling) Associate, Richardson, TX

In Goldman Sachs Bank USA we offer a wide range of solutions to help our customers meet their financial goals. Our teams seek to provide the highest level of customer service and support in everything we do. The Bank offers high yield savings accounts and a variety of loan products to individuals and private bank corporate and community clients. Our savings products include an online savings account and certificates of deposit in a variety of terms.

Asset & Wealth Management

The Asset & Wealth Management Division include Goldman Sachs Asset Management (GSAM) Private Wealth Management (PWM) and Marcus Savings. We provide asset management wealth management and banking expertise to consumers and institutions around the world. AWM partners with various teams across the firm to help individuals and institutions navigate changing markets and take control of their financial lives.

Marcus by Goldman Sachs

As the online consumer banking business of Goldman Sachs Marcus operates as a digital bank providing high-yield savings accounts and Certificates of Deposit (CDs) directly to individual consumers. Marcus combines Goldman Sachs 150+ years of expertise with intuitive digital experiences focusing on value transparency and simplicity for its millions of customers and is recognized as the largest pure online bank delivering a fully digital experience without physical branches.

The Marcus Savings team is seeking a consumer-centric analytically minded creative and energetic Associate to join the US Pricing & Analytics this role you will apply your consumer financial services industry experience and analytical skill sets to drive the analytics strategy data infrastructure and model development to drive growth and engagement of our Savings and CD products.

In your role:

• You will be developing the measurement framework and dashboards to track the success of our product and marketing campaigns monitoring and improving KPIs and operational performance metrics and researching business and industry trends to set benchmarks.
• You will analyze customer journeys across digital touchpoints and make recommendations to improve customer experience
• You will be developing advanced modeling and customer segmentation to drive customer lifetime value with Savings/CD products customer engagement etc.
• You will help with the evaluation and monitoring of A/B tests as part of our test and learn acquisition and retention strategies with the ability to demonstrate statistical significance testing
• You will develop automated reporting/measurement advance tools and models to gain customer insights draw conclusions and work with business partners to put those insights into action
• You will work closely with business partners and engineering teams to evaluate new and alternate data sources as well as analytical tools

Required Qualifications

• 3 to 5 years of experience with analytics metrics modeling and reporting preferably in the financial services industry
• Bachelor or Advance degree in quantitative areas like Applied Math Statistics Engineering Computer Science or related disciplines
• Experience with one or more mainstream programming language (Python Java etc) is preferred
• Understand and make recommendations to enhance data processes within one or more databases (Oracle Sybase Snowflake etc.) to improve application of data in making business decisions.
• Experience with customer segmentation and applying appropriate machine learning techniques (regression classification clustering NLP etc.).
• Strong quantitative and analytical skills and experience in working with large data sets and Big Data tools and stack (e.g. SQL Hadoop etc.).
• Experience with Tableau Power BI or similar data visualization tools

Preferred Qualifications

• Consumer Banking
• Prior experience developing data driven strategies in a deposits business or with B2C marketing analytics

Soft Skills

• Strong project management skills; self-driven; ability to work independently and cross-functionally
• Demonstrate an ability to effectively communicate and present results highlighting the broader commercial and strategic impact
• Competitive spirit with the ability to lead motivate and build relationships with internal stakeholders

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. Were 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 committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group Inc. 2024. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.