Asset & Wealth Management, Data Scientist - Fraud Strategy, Associate - Richardson, TX

Asset & Wealth Management (AWM) offers an unparalleled opportunity at one of the world's leading financial institutions. We are committed to helping a diverse global client base—including mutual funds, hedge funds, pension plans, sovereign wealth funds, insurance companies, endowments, foundations, third-party wealth firms, and ultra-high-net-worth individuals—achieve their financial goals through strategic investment and advisory services. With over $3 trillion in assets under supervision, AWM delivers innovative solutions across traditional public investing and alternative investments, with a focus on long-term performance and client success.

**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.

**As part of this team you will be responsible for:**

• Analyzing large volumes of data leveraging advanced statistical techniques to uncover new fraud pattern, and perform deep qualitative and quantitative expert reviews
• Designing and developing data driven fraud strategies and capabilities to control fraud losses for consumer centric money movement products
• Leveraging supervised and unsupervised machine learning techniques to accurately identify high risk activities on the customer account.
• Building new data features and data products to improve statistical fraud models
• Identifying data signals to accurately distinguish between fraud and non-fraud activities
• Identifying and evaluate new data sources to build effective fraud controls
• Creating trend reports and analysis leveraging coding language and tools such as Python, PySpark, SQL, Snowflake, Databricks and Excel
• Synthesizing current portfolio risk or trend data to support recommendation for action
• Exploring and leveraging cloud based data science technologies to further enhance existing fraud controls
• Measuring and monitoring the impact of designed risk controls on customers, and develop strategies to ensure a positive customer experience
• Working closely with technology and capability partners to implement new data driven ideas and solutions

**Basic Qualifications:**

• Bachelor’s degree in Mathematics, Statistics, Economics, Finance, Engineering or a related field.
• Proven experience with very large dataset using Big Data tools and platform (e.g., Python, Pyspark, Snowflake, Databricks, SQL)
• Ability to efficiently derive key insights and signals from complex structured and unstructured data
• Strong working knowledge of statistical techniques including regression, clustering, neural network and ensemble techniques
• 2+ years of experience in fraud risk management, preferably in banking products such as savings, checking, certificate deposit, credit cards, etc.
• Creativity to go beyond tools and comfort working independently on solutions
• Demonstrated thought leadership, creative thinking and project management Skills

**Preferred Qualifications:**

• Master’s degree in Mathematics, Statistics, Economics, Finance, Engineering or a related field
• Experience building quantitative data driven statistical strategies for a consumer checking and saving business
• Familiarity with large-scale graph processing e.g. graph clustering and link prediction mathematical algorithm
• Expertise in advanced machine learning techniques – ensemble techniques, reinforcement learning, deep neural network
• Knowledge of fraud risk vendors and technology in consumer finance or digital services industry
• Experience with consumer banking authentication tools and methodologies
• Experience in reporting and data visualization tools to report on trends and analysis

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. 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. : https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2026. 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.

**We Offer Best-In-Class Benefits**

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday & Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview

CORPORATE TITLE

Associate

OFFICE LOCATION(S)

Richardson

JOB FUNCTION

Digital Operations - Specialist

DIVISION

Asset & Wealth Management