• Compliance, Financial Crime Compliance, Rapid Response, Analyst/Associate

    Location(s) US-TX-Richardson | US-UT-Salt Lake City
    Job ID
    2019-58491
    Schedule Type
    Full Time
    Level
    Analyst
    Function(s)
    General
    Region
    Americas
    Division
    Compliance
    Business Unit
    Financial Crime Compliance Mgm
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    GLOBAL COMPLIANCE

    Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. 

    RESPONSIBILITIES AND QUALIFICATIONS

    Financial Crime Compliance

     

    Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions and anti-bribery compliance efforts.  The combined FCC team, which is composed of professionals with extensive law enforcement, regulatory, legal, compliance, forensic consulting, operations and business experience, administers an array of surveillances, due diligence, investigative expertise and other control processes designed to identify potential money laundering, terrorist financing, bribery, securities fraud and other violations of law.  Part of a strong compliance program involves financial institutions having exceptional liaison connectivity to law enforcement and regulators.  The R pid Response team reacts quickly to conduct investigations on internal and external FCC concerns which may require notification to law enforcement and or regulators.  The team also acts as the primary point of contact for FCC with law enforcement. 

     

    Rapid Response is seeking an Analyst / Associate with experience in compliance-related roles within the financial services industry, including experience with Anti-Money Laundering (AML), terrorism financing, cybercrimes, insider threats and anti-fraud experience in the financial services industry.  The ideal candidate will also have experience conducting investigations and in project management.

     

    Principal Responsibilities:

    • Conduct investigations into fraud matters
    • Draft detailed investigative reports
    • Work collaboratively with internal and external partners to triage the concern
    • Present investigative findings to management and to the FCC suspicious activity escalation and decision meeting
    • Make recommendations to enhance the firm's control environment based on investigative findings

     

    Basic Qualifications

    • The role requires a degree (Bachelors/Masters/JD)
    • Preferably some work experience in compliance-related roles within the financial services and consumer banking industries
    • Experience with project management, multi-tasking and interacting with multiple stakeholders
    • Proficiency with research, conducting investigations and risk analysis
    • Strong and effective written and verbal communication skills
    • Good with Excel and Access
    • Willingness to adapt in a fast-paced work environment; strong sense of urgency
    • Ability to prioritize work flows and ensure deadlines are met
    • Strong work ethic

     

    Preferred Qualifications

    • Law Enforcement or Regulatory experience
    • Strong Law Enforcement and regulatory liaison contacts

    ABOUT GOLDMAN SACHS

    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. 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



    © The Goldman Sachs Group, Inc., 2020. All rights reserved.
    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity