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Compliance, AML Representative, Vice President

at Goldman Sachs

Posted: 9/9/2019
Job Reference #: 55679

Job Description

  • Location(s)US-TX-Richardson
    Job ID
    2019-55679
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Compliance
    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.

    BUSINESS UNIT AND ROLE OVERVIEW

    Financial Crime Compliance (“FCC”) has primary responsibility for the execution of the firm’s enterprise-wide Anti-Money Laundering (“AML”), anti-bribery, and government sanctions compliance programs and, among other things, performs enhanced due diligence and government sanctions screening, as well as surveillance and investigations designed to identify potential terrorist financing, money laundering, bribery, market abuse, or other suspicious activity.

    RESPONSIBILITIES AND QUALIFICATIONS

    OPPORTUNITY

    There is an opportunity to join a retail investment advisory team within Financial Crime Compliance and to contribute as a Business Coverage Representative.

    The Business Coverage Representative acts as a liaison between the firm’s businesses (i.e., GS Bank, United Capital, Sec Div, PWM, GSAM) and FCC. Principally, the role involves four responsibilities: 1) Fielding and addressing ad hoc escalations from GS Bank/United Capital staff about potentially suspicious activity across a wide range of products; 2) Apprising senior business leaders of patterns of potentially aberrational client behavior as well as developments in the financial crime space; 3) Conferring with counterparts at peer institutions to benchmark the firm’s approach to cutting edge challenges in financial crime compliance; and 4) Collaborating with divisional compliance, legal and the business on strategic projects.

    The ideal candidate would have a strong background in financial transactions and products, including related to retail brokerage and/or registered investment advisers, as well as significant experience with securities regulations, (i.e. the Investment Advisers Act, Investment Company Act).

    Experience related to AML, economic sanctions, anti-bribery or e-communications compliance or in the securities and/or banking industry is desirable, but not required.

    Basic Qualifications

    - Securities-related experience

    - Strong oral and written communication skills

    - Driven, organized, and energetic

    - Analytical; capable of identifying and distilling relevant information quickly

    - Interest in technology enhancements and data analysis

    - Works well under pressure, effectively prioritizes and is able to multi-task

    - Works cooperatively and courteously with others

    - Strong executive presence; capable of interacting with senior leaders

    - Proficiency in Microsoft Excel, PowerPoint, Word

    Preferred Qualifications

    - Clear thinker capable of turning complex topics into concise and compelling narratives

    - Prior experience reviewing data to identity risk-relevant information

    - Knowledgeable on BSA/AML, economic sanctions, anti-bribery and/or e- Communications compliance

    - Familiarity with the securities/banking industry and/or Goldman Sachs businesses.

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.