Asset Management, Operations, Alternatives Private KYC Group, Associate, London London · United[...]

Goldman Sachs Bank AG; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

Goldman Sachs seeks an Associate for the Asset Management Alternatives Private KYC Group in London. The role involves conducting KYC checks, supporting client onboarding processes, and collaborating with various internal teams to ensure regulatory compliance. Candidates should have a Bachelor's degree and a minimum of 2 years of experience in financial services, particularly in AML/KYC.

Benefits

Healthcare & Medical Insurance

Competitive vacation policies

Financial wellness support

On-site fitness centers

Child care services

Qualifications

• Minimum 2+ years in financial services with extensive AML/KYC experience.
• Proven analytical skills, problem-solving ability.
• Self-motivated, proactive team player with strong organizational skills.

Responsibilities

• Conduct customer due diligence checks for compliance.
• Work with key stakeholders for seamless client onboarding.
• Support development of policies reflecting regulatory changes.

Skills

Analytical skills

Problem solving

Attention to detail

Relationship building

Communication

Education

Bachelor's degree

Job description

Asset Management, Operations, Alternatives Private KYC Group, Associate, London location_on London, Greater London, England, United Kingdom

YOUR IMPACT

Our Asset Management Alternatives Private KYC Group is seeking a professional who will work with our clients and partner with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Quality Assurance). We support every deal team in the Alternatives Private division and work with the most senior members of the organization to facilitate an excellent client onboarding experience while mitigating risks associated with fulfilling the requirements associated with local regulations. We are the experts in Know Your Client (KYC) requirements and help manage communications with our clients/partners on obtaining the necessary documentation while treating the transactions with the upmost sensitivity.

OUR IMPACT

Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation.

Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business.

The AM Alts Pvt Operations support theAMAlts Pvt Division, which is the firm’s long term principal investing group tasked with raising capital and investing in equity (corporate / growth), real estate, and credit.

The AM Alts Pvt KYC Group sits within AM Alts Pvt Operations and manages the control framework and oversight of a broad spectrum of firm policies that impact the client on-boarding process. The team closely works with Policy & Quality Analytics, Legal, Financial Crime & Compliance teams for successful implementation of policy and control oversight to meet regulatory obligations. The team provides opportunity for a dynamic and risk-aware individual to take part in shaping and ensuring compliance with the control framework related to a broad spectrum of firm policies, including but not limited to Know-Your-Client, Client Implementation and Enhanced Due Diligence. We also endeavor to provide an excellent client/partner experience while helping to educate our stakeholders on the nuances of requirements per region.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Undertake customer due diligence checks to ensure adherence to the Firm’s Anti Money Laundering policies, procedures and regulatory framework (such as AML/KYC regulations, Dodd Frank, EMIR, MiFID, FATCA, etc).
• Conduct PEP, sanction and adverse media screening and escalate any areas of concern to Legal and Compliance
• Work closely with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Middle Office) in a fast-paced environment to ensure a seamless front to back onboarding and assist with the establishment of new client relationships to facilitate deal investments.
• Communicate effectively with external stakeholders to describe our various requirements and reduce back and forth which could result in delays for go-live.
• Timely escalation of any questions or concerns around obtaining requirements to fulfill our regulatory obligations.
• Support the development of the team’s policies and procedures to reflect changing regulatory requirements.
• Provide excellent client service in our responsiveness and accuracy of the requirements in scope depending on the nuances of a particular transaction
• Assist with identifying, defining and implementing process efficiencies
• Perform all necessary regulatory checks to facilitate the opening of new client accounts
• Participate in ad hoc onboarding projects and strategic initiatives as required

BASIC QUALIFICATIONS

• Bachelor's degree required.
• Minimum 2+ years in a similar role within financial services with extensive AML/KYC experience
• Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail.
• Aptitude for building relationships and ability to communicate complex issues to a wide array of internal clients with differing levelsof product experience.
• Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities.
• Flexible and able to work well under pressure in a team environment.

PREFERRED QUALIFICATIONS

• Knowledge of financial markets and products
• Knowledge of Customer Identification Programs (CIP)/Know Your Customer (KYC) and relevant regulations is a plus
• Knowledge of corporate structures and the impact they have on the KYC/AML process
• Ability to adapt to new changes and new challenges
• Experience in providing excellent client service
• Excellent written and verbal communication skills
• Proactive, self-motivated
• Prudent in escalating potential risk to the Firm

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.