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

Goldman Sachs • Salt Lake, 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, training new team members, conducting in-depth reviews of potentially suspicious activity, ensuring compliance with BSA/AML Manual regarding SAR filings, engaging with law enforcement and regulatory bodies, and presenting risk-relevant data to stakeholders and senior managers.

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.
• Performing due diligence and making risk assessments.
• Gathering complex sets of transaction facts and distilling them down to the key relevant data points necessary to provide compliance guidance.
• Performing legal writing for analysis of facts and evidence in the finance industry.
• Performing due diligence using public domain and open-source searches to assess and evaluate risks.
• 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: Mid Level