Job Description
Platform Solutions
At Goldman Sachs, we connect people, capital, and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
We build and embed cloud-based, developer-centric financial products and services in our clients’ ecosystems to help them better serve their own clients and customers.
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 186+, 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. Learn more 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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
ABOUT THE ROLE
Responsibilities & Qualifications Your Impact
As a Fraud Specialist, you will be responsible for evaluating the circumstances of cases of suspected or confirmed fraud and making recommendations about future measures. You will be responsible for identification, development, and investigation of consumer financial services fraud. You will analyze data for patterns and trends and make recommendations to improve policy and procedures.
Responsibilities
Gather, organize, and analyze data as it pertains to case development through the use of analytical tracking and data management tool
Review developing cases, identify and analyze points of compromise, and communicate potential risk to Fraud leadership
Determine action required based on established procedures and work with supervisor to handle more complex cases
Coordinate the investigation of any fraud issue with the appropriate Fraud Operations unit as appropriate.
Place appropriate hold on accounts deemed to have fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements
Communicate professionally with customers, merchants, financial institutions, and other personnel to resolve system problems or request additional information and / or documentation to support a decision on whether fraudulent activity has occurred
Manage significant caseload and utilize the company investigation system
Open and prepare cases and follow all documented procedures to ensure proper cases detail is completed
Qualifications
Bachelor's Degree or equivalent combination of education and fraud experience
Ability to analyze data for patterns and trends and to take findings and communicate them in an effective manner.
Detailed-oriented and organized
Minimum of 1- 2.5 years of experience in financial services or related industries
Ability to research and make appropriate decision regarding complex cases
Ability to be flexible for Rotating weekends and holidays.
© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
At Goldman Sachs, we connect people, capital, and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. For us, it’s all about bringing together people who are curious, collaborative and have the drive to make things possible for our clients and communities.
We build and embed cloud-based, developer-centric financial products and services in our clients’ ecosystems to help them better serve their own clients and customers.
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 186+, 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. Learn more 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. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
ABOUT THE ROLE
Responsibilities & Qualifications Your Impact
As a Fraud Specialist, you will be responsible for evaluating the circumstances of cases of suspected or confirmed fraud and making recommendations about future measures. You will be responsible for identification, development, and investigation of consumer financial services fraud. You will analyze data for patterns and trends and make recommendations to improve policy and procedures.
Responsibilities
Gather, organize, and analyze data as it pertains to case development through the use of analytical tracking and data management tool
Review developing cases, identify and analyze points of compromise, and communicate potential risk to Fraud leadership
Determine action required based on established procedures and work with supervisor to handle more complex cases
Coordinate the investigation of any fraud issue with the appropriate Fraud Operations unit as appropriate.
Place appropriate hold on accounts deemed to have fraudulent activity. Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements
Communicate professionally with customers, merchants, financial institutions, and other personnel to resolve system problems or request additional information and / or documentation to support a decision on whether fraudulent activity has occurred
Manage significant caseload and utilize the company investigation system
Open and prepare cases and follow all documented procedures to ensure proper cases detail is completed
Qualifications
Bachelor's Degree or equivalent combination of education and fraud experience
Ability to analyze data for patterns and trends and to take findings and communicate them in an effective manner.
Detailed-oriented and organized
Minimum of 1- 2.5 years of experience in financial services or related industries
Ability to research and make appropriate decision regarding complex cases
Ability to be flexible for Rotating weekends and holidays.
© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
💡 Quick Summary
Seeking a career-building opportunity? The PLATFORM SOLUTIONS| FRAUD OPERATIONS |PD| | PIPELINE REQ position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
