Job Summary & Responsibilities
Financial Crime Compliance (\'FCC\') coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions, e-communications 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.
The Know Your Customer Strategy team within Financial Crime Compliance is seeking an Associate for a compliance role with expertise in Anti-Money Laundering and Know Your Customer programs at large financial institutions. The Associate will be responsible for managing and developing compliance projects and initiatives across the firm’s businesses and will be responsible for liaising with compliance, operations, technology and business groups to advise on KYC-related questions, determine system and onboarding requirements, perform data and system analysis, draft specification documents for technology, and conduct system and user acceptance testing. In addition to advising on Know Your Customer regulations and requirements, including Customer Identification Program and Customer Due Diligence requirements, the Associate will also be responsible for the development of customer due diligence rules, threshold setting, customer segmentation, and development and execution of UAT tests. The Associate should have a thorough understanding of KYC related processes and solutions, including customer onboarding, enhanced due diligence, and customer risk rating.
The ideal candidate will have strong analytical skills, experience working in KYC, the ability to collaborate with others, the ability to manage projects and processes, and the ability to multi-task. In this role, the Associate will work closely with compliance, operations, technology and business personnel and would be expected to quickly gain an understanding of the global Goldman Sachs businesses and the rules and regulations under which the firm operates.
Principal Responsibilities:
Basic Qualifications:
Preferred Qualifications:
Knowledge of Data Quality and Data Analysis methodologies
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