Compliance- Salt Lake City- Associate, Financial Crimes Controls- 9482891

Goldman Sachs•Salt Lake City, UT

4d•Onsite

About The Position

Associate, Financial Crimes Controls with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Work on the Government Sanctions Group (“GSG”) team within FCC and support US regulatory reporting framework. Ensure the Firm’s compliance with sanctions programs administered by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), the UK’s His Majesty’s Treasury’s Office of Financial Sanctions Implementation (OFSI), the European Union, and other relevant sanctions authorities globally. Serve as a subject matter expert on government sanctions regulations and manage the day-to-day execution of the team’s regulatory reporting requirements to OFAC. Conduct comprehensive searches of Firmwide systems to identify assets in which a sanctioned entity has a present, future, or contingent interest. Analyze potential exposure to sanctioned entities. Work under the supervision of experienced Sanctions Vice Presidents, liaise with the business, operations, and engineering divisions to collect information relevant to potential sanctions concerns and provide sanctions-related advice to internal constituencies. Implement commensurate control frameworks. Aggregate key metrics for sanctioned blocked assets. Conduct data reconciliation, analysis, and tracking.

Requirements

Bachelor’s degree (U.S. or foreign equivalent) in Political Science, International Relations, Communications Technology, Economics, Project Management, Business Analytics, Finance, or a related field.
Three (3) years of experience in the job offered or in a related role.
Three (3) years of experience with data aggregation, analysis, reconciliation, and tracking.
Three (3) years of experience using external resources for sanctions research and investigation.
Three (3) years of experience understanding sanctions regulations and their implications.
Three (3) years of experience with general product and securities knowledge with a focus on securities.
Three (3) years of experience coordinating and communicating regarding the impact of sanctions laws and regulations with impacted business units.
Three (3) years of experience providing sanctions-related advice and context to relevant stakeholders.
Three (3) years of experience planning for a variety of outcomes.

Responsibilities

Support US regulatory reporting framework within the Government Sanctions Group (GSG) team.
Ensure the Firm’s compliance with sanctions programs globally (OFAC, OFSI, EU, etc.).
Serve as a subject matter expert on government sanctions regulations.
Manage the day-to-day execution of the team’s regulatory reporting requirements to OFAC.
Conduct comprehensive searches of Firmwide systems to identify assets in which a sanctioned entity has a present, future, or contingent interest.
Analyze potential exposure to sanctioned entities.
Liaise with business, operations, and engineering divisions to collect information relevant to potential sanctions concerns.
Provide sanctions-related advice to internal constituencies.
Implement commensurate control frameworks.
Aggregate key metrics for sanctioned blocked assets.
Conduct data reconciliation, analysis, and tracking.