Compliance, FCC- Monitoring and Assurance (MAG), Associate, Salt Lake City

Goldman Sachs•Salt Lake City, UT

1d•Onsite

About The Position

Our division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm’s culture of compliance. Compliance accomplishes these through the firm’s enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses the firm’s compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm’s responses to regulatory examinations, audits and inquiries. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape. Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions and anti-bribery compliance efforts. The combined FCC team, which is composed of professionals with extensive law enforcement, regulatory, legal, compliance, forensic consulting, operations and business experience, administers an array of surveillances, due diligence, investigative expertise and other control processes designed to identify potential money laundering, terrorist financing, bribery, fraud and other violations of law. The Monitoring and Assurance Group (MAG) evaluates the efficacy of the FCC program controls. The team conducts risk‑based monitoring and assurance over financial crime related controls to document compliance with regulatory standards and in accordance with the risk appetite of the Firm.

Requirements

Understand regulatory requirements such as the Bank Secrecy Act and the Patriot Act
The ideal candidate possesses strong analytical skills, an ability to learn quickly, and readily understand AML concepts and issues relevant to business line coverage.
Experience related to AML, KYC, surveillances, conducting investigations or regulatory compliance is desirable.
Works well under pressure, effectively prioritizes and is able to multi-task
Strong oral and written communication and presentation skills
Driven, organized, and energetic
Analytical; attention to detail; capable of identifying and distilling relevant information quickly
Works cooperatively and courteously with others, as well as ability to work independently
Capable of interacting with senior leaders
Interest in technology enhancements and data analysis
Proficiency in Microsoft Excel, PowerPoint, Word

Nice To Haves

Prior AML / Financial Crime Compliance experience is preferred
Clear thinker capable of turning complex topics into concise and compelling narratives
Prior experience reviewing data to identity risk-relevant information
Knowledgeable on BSA/AML compliance
Familiarity with the investment banking, global markets and/or asset management industries, and/or Goldman Sachs businesses

Responsibilities

Execute risk‑based Monitoring and Assurance reviews over FCC‑impacting controls, including Partner Processes, to assess control design, effectiveness, and sustainability.
Engage with FCC teams, partner functions, and stakeholders to obtain information, perform walkthroughs, and evaluate control execution against firm standards and regulatory expectations.
Analyze, document, and communicate review scope, testing results, and conclusions in clear, well‑structured workpapers and management‑ready materials.
Identify control gaps, findings, and areas for enhancement; support remediation discussions and validate completion of corrective action plans.
Support reporting, metrics, and governance deliverables, including dashboards, trend analysis, and materials for FCC leadership forums.
Contribute to MAG program execution and improvements, including methodology enhancements, workflow efficiencies, and FCC oversight initiatives.