About this role
OUR IMPACT
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
Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (“AML”), economic sanctions, anti-bribery compliance and conduct and integrity programs. 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, securities fraud and other violations of law or conduct expectations.
YOUR IMPACT
Within the Financial Crime Compliance division, the Regional team is tasked with implementing and maintaining the AML program for designated jurisdictions, in alignment with the overall AML framework and applicable regulatory requirements. Responsibilities may include conducting risk assessments, implementing control plans, developing policies and procedures, performing EDD reviews, monitoring and reporting suspicious activities, managing audits and regulatory examinations, and preparing metric reports.
PRINCIPAL RESPONSIBILITIES:
- Provide support to the MLRO in:
- Overseeing and implementing the AML programme for the Dublin office
- Developing and executing new controls to address Compliance and FCC risks
- Preparing Legal Entity Risk Assessments and Annual MLRO Reports as required
- Submitting both routine and ad hoc governance reports, including those for the relevant Board
- Establishing additional or enhanced KRIs and KPIs to report on FCC risks and measure programme effectiveness
- Foster strong working relationships and collaboration with FCC team members and other Compliance stakeholders across all locations
- Partner with FCC teams to ensure timely and accurate completion of regulatory returns
- Serve as the primary liaison for regulatory examinations and audits related to AML within the region
- Monitor and coordinate the implementation of new regulatory requirements
QUALIFICATIONS
- Bachelor’s degree or higher
- 4+ years of work experience in Anti Money Laundering or a similar field, preferably for retail banking products
- Working understanding of how Compliance controls, and risk management work
- Comprehensive understanding of UK/EU AML regulatory regimes
- Good communication skills with the ability to adjust message delivery for different groups
- Strong organization and time management skills, able to handle several tasks at once
- Proactive, self-motivated, and resilient when faced with challenges
- Able to solve problems and think clearly under pressure
- Detail-oriented, well-organized and able to build positive relationships with different teams
- Comfortable using data to identify risks
Preferred Qualifications
- Degree in Business, Finance, or a related area
- Data analysis and visualization experience
- German language skills
Other facts
About Goldman Sachs
We aspire to be the world’s most exceptional financial institution, united by our shared values of partnership, client service, integrity, and excellence.
Operating at the center of capital markets, we act as one firm, mobilizing our people, capital, and ideas to deliver superior results across our clients’ most complex challenges.
For 157 years, Goldman Sachs has delivered world-class execution on a global scale across our leading Global Banking & Markets and Asset & Wealth Management businesses.
Apprenticeship is central to our culture, with hands-on coaching and access to leaders who bring decades of experience and expertise. With office locations around the world, we offer a broad range of career opportunities to those who insist on excellence and thrive on performance.
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What you'll do
- The role involves supporting the MLRO in overseeing and implementing the AML program for the Dublin office, developing new controls, and preparing necessary reports. Additionally, it includes monitoring regulatory requirements and serving as a liaison for audits and examinations.
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