- SALARY:NONE
- Richardson, Texas
Richardson, Texas
GLOBAL COMPLIANCEOur 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. Youll 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 OVERVIEWOPPORTUNITY
Principal Responsibilities
- Conduct enhanced due diligence reviews on Transaction Banking client and partnership opportunitiesto identify potential legal, regulatory, or reputational risk
- Identify and communicate findings and areas for uplift with key stakeholders related to client review
- Conduct and document detailed outcomes related to periodic monitoring and client KYC refresh
- Reporting and tracking metrics for EDD client/partnership compliance stakeholders
- Processing QA reviews related to client selection matrix (CSM) and client activity review and ensuring all processes are monitored and followed based on procedural guideline
- Communicating results of QA reviews (CSM and client activity reviews) and tracking of required remediation items to closure
The successful candidate will have strong analytical skills, the ability to collaborate with others, manage workflows and multi-task. The team member is expected to quickly gain an understanding of the firm's growing global transaction banking businesses, and the rules and regulations under which the Bank operates.
Basic Qualifications
- 3+ years of prior experience in an analytical or technical role in Financial Crimes Compliance, preferably in Global Transaction Banking, Corporate Cash Management, and/or Payments business of an international financial services organization
- Ability to effectively engage and work with relevant internal and external stakeholders (including partners and clients) is critical
- Excellent organization and project management skills
- Excellent written and verbal communication skills
- Ability to adapt to new changes and new challenges
Preferred Qualifications
- Understanding of the opportunities and challenges in the digital finance sector, particularly as they relate to Financial Crime Compliance
- Bachelor's Degree in finance, economics, business, or other related fields
- ACAMS certification
ABOUT GOLDMAN SACHSThe Goldman Sachs Group, Inc., 2023. All rights reserved.Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity