Compliance - Salt Lake City - Associate, Financial Crime Compliance - 3937526

Goldman Sachs•Salt Lake City, UT

9h•Onsite

About The Position

This position involves compiling, analyzing, and summarizing financial and economic data to monitor and surveil transactions globally for potential misconduct such as money laundering, terrorist financing, and fraud. The role requires independently performing in-depth investigations of suspicious client account activity, fast-tracking urgent escalations, and completing daily monitoring. It also includes conducting due diligence, training new team members, drafting investigative reports, and presenting risk-relevant data to stakeholders.

Requirements

Bachelor’s degree (U.S. or foreign equivalent) in Finance, Mathematics, Economics, Accounting, International Studies, Legal Studies, Business Analytics, or a related analytical field.
Three (3) years of experience in the job offered or a related compliance, risk management, or finance role.
Three (3) years of experience performing due diligence using internal and external sources to assess and evaluate risks.
Three (3) years of experience gathering complex sets of transaction facts and quickly distilling them down to the key relevant data points necessary to provide compliance guidance.
Three (3) years of experience analyzing fact patterns and compiling regulatory reports for compliance and reporting purposes.
Three (3) years of experience verbally presenting complex fact patterns outlining findings and subsequent restrictions that is customized to a particular audience including senior management.
Three (3) years of experience working with and soliciting relevant information from business-side personnel.
Three (3) years of experience working with anti-money laundering regulations, including the relevant provisions of the Bank Secrecy Act and the USA Patriot Act.

Responsibilities

Compile, analyze and summarize financial and economic data and other information related to companies within specified industries or financial markets.
Utilize various transaction monitoring systems to monitor and surveil transactions globally that may be probative of money laundering, terrorist financing, fraud, and other forms of misconduct.
Independently perform in-depth investigations of potentially suspicious activity happening with client accounts.
Fast-track reviews and offer timely compliance guidance for urgent live escalation requests.
Complete daily monitoring of account activity, as well as conducting high-level investigations of potentially suspicious activity.
Conduct due diligence, including public domain and open-source searches for negative information.
Train new team members on identifying risk, drafting reports, presenting relevant facts and data to key stakeholders and senior managers.
Draft investigative reports to document the reviews conducted surrounding potentially suspicious activity.
Review daily surveillance of brokerage accounts for anomalous high-risk activity and perform in-depth investigations of potentially suspicious activity.
Present risk-relevant data to appropriate stakeholders including senior managers.