Goldman Sachs · 1 week ago
Platform Solutions, Vice President, Fraud Strategy Senior Manager
Wilmington, DE
Full-time
Onsite
Mid, Senior Level
5+ years expGoldman Sachs is a leading global investment banking, securities and investment management firm. The Fraud Strategy Lead will be responsible for safeguarding against identity theft and fraud risks, ensuring compliance and control while enhancing customer experience throughout the account lifecycle.
BankingFinanceFinancial ServicesVenture Capital
Responsibilities
Pre-Booking ID Theft Risk Assessment: Deploy data-driven strategies and advanced analytics to identify and mitigate ID theft risks at the application stage, leveraging custom, industry, and partner scores to enhance risk detection
CIP Compliance: Ensure robust Customer Identification Program (CIP) controls are implemented and maintained, supporting regulatory compliance and effective customer onboarding
Vendor Management for Data and Scores: Oversee relationships and integrations with external data providers and scoring vendors, ensuring optimal use of partner signals and industry data at application for risk assessment
ID Theft Loss Budget Ownership: Take responsibility for the planning, monitoring, and management of the ID theft loss budget, balancing loss mitigation with customer experience objectives
Customer Experience Management at Application: Design and monitor fraud mitigation strategies that minimize friction for legitimate applicants, including oversight of step-up authentication rates and manual review processes
Post-Booking (Early Month-on-Book) ID Theft Risk Management: Develop and execute strategies to identify and investigate accounts opened under suspected ID theft during the early tenure, coordinating with Fraud Investigations to reduce severity on confirmed fraud claims
Oversight of Step-Up Rates and Manual Review Processes: Monitor effectiveness of step-up authentication and manual reviews, analyzing defect rates and process outcomes to optimize both fraud prevention and customer experience
Defect Analysis: Conduct root cause analysis on fraud claim defects, collaborating with operations to address and implement corrective actions
Control and Compliance Focus: Maintain a strong risk management posture, ensuring all processes and strategies align with 1st line control, compliance standards, and regulatory expectations
Qualification
Required
Master's degree with a minimum of five (5) years' related experience, or Bachelor's degree with seven (7) years' experience in business analysis and project management within financial services
Proven expertise in data analytics, forecasting (Time Series), and machine learning techniques (e.g., Gradient Boost, Random Forest) for fraud risk assessment
Experience defining functional requirements, service level objectives, and scenario-based use cases in support of product/project lifecycles
Partner closely with Business, Product, Technology, Operations, and Compliance teams to drive strategic initiatives and implement fraud risk solutions
Lead cross-functional meetings, present recommendations to executive leadership, and organize team activities to support fraud strategy objectives
Benefits
Training and development opportunities
Firmwide networks
Benefits
Wellness and personal finance offerings
Mindfulness programs
Company
Goldman Sachs
Goldman Sachs is a multinational financial services firm providing securities, investment banking, and management services.
10001+ employees
H1B Sponsorship
Goldman Sachs has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1954)
2024 (1685)
2023 (2060)
2022 (2326)
2021 (2258)
2020 (1572)
Funding
Current Stage
Public CompanyTotal Funding
$6B2025-04-23Post Ipo Debt· $6B
2012-06-05Post Ipo Equity
1999-05-14IPO
Leadership Team
David M. Solomon
Chair and Chief Executive Officer
John Waldron
President and Chief Operating Officer
Recent News
Private Banker International
2026-01-22
2026-01-22
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