Compliance- Richardson - Associate, Financial Crime Controls- 9104581

Goldman Sachs•Richardson, TX

6d•Onsite

About The Position

The Associate, Financial Crime Controls role in Richardson, Texas, involves analyzing new and emerging AML (anti-money laundering) risks across business lines, identifying needs for transaction monitoring coverage and controls. The position requires analyzing customer and transaction data, running complex queries, identifying automation solutions, and resolving inefficiencies in transaction monitoring processes. The role also serves as a subject matter expert (SME) for TM systems, with a deep technical understanding of their functionality, including data segmentation, data flows, scenario threshold tuning, and troubleshooting. Additionally, the role involves staying updated on AML regulations and emerging risks, performing complex data analysis, advising business leaders on policy/procedure amendments, and challenging implementation plans.

Requirements

Master’s degree (U.S. or foreign equivalent) in Data Analytics, Information Technology, Software Design, Computer Engineering, Software Engineering, or a related 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 Data Analytics, Information Technology, Software Design, Computer Engineering, Software Engineering, or a related field and three (3) years of experience in the job offered or in a related role.
Understanding of Transaction Monitoring Models and Systems including above and below the line tuning and optimization.
Knowledge of complex AML (anti-money laundering) legislation, typologies, related risks, and banking impacts.
Experience with data analysis tooling such as Alteryx, SQL, Python, and Excel.
Experience with data visualization software such as Tableau.
Data lineage and issue identification experience including data contract development.

Responsibilities

Analyze new and emerging AML risk related to each business line within the firm.
Identify areas where the firm needs additional transaction monitoring coverage and applicable controls.
Analyze customer and transaction data.
Run complex queries.
Identify potential automation solutions and solve inefficiencies within our transaction monitoring processes.
Serve as the subject matter expert (SME) for TM systems, with a deep technical understanding of how they work, including data segmentation, data flows, Above-the-Line/Below-the-Line tuning for scenario thresholds, and associated troubleshooting.
Monitor the changes in AML regulations and emerging risk.
Perform complex data analysis.
Advise business leaders.
Direct the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements.
Challenge the implementation plan as needed.