Compliance, Financial Crime Controls Financial Crime Regulatory & Audit Management, Associate / Vice President, NY
: Job Details :

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.Financial Crime Compliance (FCC) Financial Crime Compliance (FCC)coordinates Goldman Sachs' enterprise-wide anti-money laundering (BSA/AML), sanctions, anti-bribery compliance, and forensics surveillance efforts. The FCC team, which is comprised of professionals with extensive law enforcement, regulatory, legal, compliance, forensic consulting, operations, and business experience, administers an array of surveillances, due diligence and other control processes designed to identify potential money laundering, terrorist financing, bribery, securities fraud, and other violations of the law.OpportunityFCC's Regulatory and Audit Management oversees broad-based FCC initiatives and serves in an advisory capacity to other groups within FCC, as well as working with other divisions and global stakeholders to meet regulatory deadlines. Among other responsibilities, the FCC Regulatory and Audit Management team is tasked with managing and coordinating FCC regulatory inquiries and audit reviews across the FCC program, as well as monitoring relevant regulatory update among other responsibilities. The FCC Regulatory and Audit Management team works closely with FCC managers, business, and divisional stakeholders across the globe to execute this strategy as well as support other FCC program management and administration.Responsibilities in this role may include, but are not limited to:Regulatory Management:• Coordinate regulatory responses and materials across the global FCC program, as well as working with other divisions and global stakeholders to meet regulatory deadlines• Draft regulatory responses covering various aspects of the FCC program• Prepare presentation materials for regulatory interactions• Analyze and prepare metrics related to regulatory exams and inquires for senior managersData gathering:• Coordinate with various stakeholders, including, but not limited to, Global Compliance, Operations, Internal Audit, Technology, the Business, to gather and analyze information• Format data gathered using various tools including, MD Office (excel, word, power point, etc.), SharePoint, and other internal applications• Collate and categorize data using a variety of tools to perform relevant analysis• Administrative support to store information on database repositoriesPreferred Qualifications• Bachelor's required; JD preferred• One to five years of prior compliance or legal experience• Working knowledge of BSA/AML, counter-terrorism, anti-bribery and/or anti-fraud experience in the banking industry or at a regulator• Prior experience or exposure to regulatory exams• Prior experience with project management an advantage• MS Excel and PowerPoint skills (proficient in data manipulation and presentation)• Strong communicator, comfortable in presenting and explaining analysis• Knowledge/experience with financial products and services• Team player with great attitude and work ethic• Ability to multi-task on several different assignments/projects• Interest in working on a global team dealing with global businessesABOUT GOLDMAN SACHSAt 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: The Goldman Sachs Group, Inc., 2023. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender IdentitySalary Range The expected base salary for this New York, New York, United States-based position is $115000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.Posting Date: 2024-09-12