Compliance - New York- Vice President, Financial Crime Controls - 9283333

Goldman Sachs • New York, NY

2d • $124,600 - $207,000 • Onsite

About The Position

Vice President, Financial Crime Controls with Goldman Sachs & Co. LLC in New York, New York. Advise business and control-side stakeholders on Financial Crime Compliance (FCC) risks associated with engaging in digital assets related activities, clients and counterparties, while ensuring alignment with firmwide compliance policies and regulatory expectations. Design and oversee the Firm’s financial crime focused risk management framework and client selection criteria to ensure alignment with evolving regulatory and industry standards. Develop and monitor business line specific risk metrics and reporting thresholds on clients that pose elevated financial crime risk to guide decision making. Engage with FCC leadership, senior first-line and technical teams on framework development and refinement to address changes in the client base and ensure consistent application of client selection criteria such that the frameworks reflect strategic and regulatory priorities. Support the development and implementation of the Firm’s digital assets compliance program by collaborating with FCC stakeholders, legal, divisional compliance, sales and business teams. Engage with senior firm personnel and/or clients to articulate proposed control enhancements, legal and regulatory obligations, and negotiate adherence to firmwide policies and procedures.

Requirements

• Master’s degree (U.S. or foreign equivalent) in Finance, Legal Studies, International Relations, Law and Diplomacy, or a related analytical field and three (3) years of experience in the job offered or in a related compliance, legal, risk management or finance role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Legal Studies, International Relations, Law and Diplomacy, or a related analytical field and five (5) years of experience in the job offered or in a related compliance, legal, risk management or finance role.
• Three (3) years of prior experience conducting legal or compliance due diligence for clients, counterparties or transactions to assess legal, financial crime, commercial or regulatory risks.
• Three (3) years of prior experience advising senior stakeholders on risk allocation, contractual and legal protections, and compliance with regulatory obligations.
• Three (3) years of prior experience developing structured processes to support business decision-making for financial crime or regulatory compliance.
• Three (3) years of prior experience advising senior management and cross-functional teams on regulatory, legal and risk-based considerations, including evolving regulatory expectations, contractual obligations and compliance with applicable financial and investment regulations.
• One (1) year of prior experience analyzing complex legal frameworks and industry standards, including emerging regulatory risk areas such as digital assets or fintech, and translating them into actionable policies, procedures and controls for stakeholders.
• One (1) year of prior experience with anti-money laundering, counterterrorism, anti-bribery, sanctions, and anti-fraud (including wire fraud and debit card fraud) within the banking industry or at a financial regulator.
• One (1) year of prior experience providing oversight and regulatory advice on key corporate governance and compliance programs and supporting regulatory interactions associated with them.
• One (1) year of prior experience identifying and assessing potential areas of risk in financial crime or regulatory compliance and developing strategies to mitigate them and recommending appropriate action to management.

Responsibilities

• Advise business and control-side stakeholders on Financial Crime Compliance (FCC) risks associated with engaging in digital assets related activities, clients and counterparties.
• Ensure alignment with firmwide compliance policies and regulatory expectations.
• Design and oversee the Firm’s financial crime focused risk management framework and client selection criteria.
• Develop and monitor business line specific risk metrics and reporting thresholds on clients that pose elevated financial crime risk.
• Engage with FCC leadership, senior first-line and technical teams on framework development and refinement.
• Support the development and implementation of the Firm’s digital assets compliance program.
• Collaborate with FCC stakeholders, legal, divisional compliance, sales and business teams.
• Engage with senior firm personnel and/or clients to articulate proposed control enhancements, legal and regulatory obligations.
• Negotiate adherence to firmwide policies and procedures.

What This Job Offers

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