Compliance - Salt Lake City- Associate, Financial Crime Controls - 10071990

Goldman Sachs • Salt Lake City, UT

4d • Onsite

About The Position

Goldman Sachs & Co. LLC is seeking an Associate, Financial Crime Controls in Salt Lake City, Utah. This role involves drafting Suspicious Activity Report (SAR) narratives based on investigative reports of suspicious activity requiring a SAR filing. The position also includes training new team members on risk identification, SAR narrative drafting, and presenting facts and data to stakeholders. Responsibilities include independently reviewing potentially suspicious activity escalated to the SAR Group, ensuring compliance with the Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) Manual regarding SAR filings, and engaging with law enforcement and regulatory bodies on investigations and filed SARs. The role also requires presenting risk-relevant data to senior management.

Requirements

• Master’s degree (U.S. or foreign equivalent) in Finance, Accounting, Statistics, Business Analytics, Legal Studies, or a related analytical field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Statistics, Business Analytics, Legal Studies, or a related analytical field and three (3) years of experience in the job offered or in a related role.
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with performing due diligence and making risk assessments.
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with gathering complex sets of transaction facts and distilling them down to the key relevant data points necessary to provide compliance guidance.
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with performing legal writing for analysis of facts and evidence in the finance industry.
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with performing due diligence using public domain and open-source searches to assess and evaluate risks.
• One (1) year of experience (with a Master’s degree) OR three (3) years of experience (with a Bachelor’s degree) with working with anti-money laundering regulations, including the relevant provisions of the Bank Secrecy Act and the USA Patriot Act.

Responsibilities

• Draft Suspicious Activity Report (SAR) narratives utilizing investigative reports surrounding activity deemed to be suspicious, requiring a SAR filing by Goldman Sachs.
• Train new team members on identifying risk, drafting SAR narratives, presenting relevant facts and data to key stakeholders and senior managers.
• Independently perform in-depth reviews of potentially suspicious activity escalated to the Suspicious Activity Report (SAR) Group.
• Ensure compliance with Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”) Manual regarding SAR filings.
• Engage with law enforcement and various regulatory bodies regarding active investigations and SARs previously filed by Goldman Sachs.
• Present risk-relevant data to appropriate stakeholders including senior managers.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level