Transaction Banking, EMEA Head of Risk & Client Activity Monitoring (1st LoD), Executive Direct[...]

Goldman Sachs, Inc.; London; On-site; GBP 90,000 - 130,000; Full time

Job summary

A leading firm is seeking an Executive Director for Transaction Banking who will manage risk strategies and compliance within the business. This critical role requires extensive experience in financial services with a focus on risk management, adherence to regulations, and strong leadership abilities in a dynamic start-up oriented environment.

Benefits

Diversity and inclusion initiatives

Professional development opportunities

Wellness and mindfulness programs

Qualifications

• 10+ years in financial services focused on transaction banking.
• Expertise in client activity monitoring and regulatory compliance.
• Effective communication and leadership capabilities.

Responsibilities

• Oversee regional risk strategy across all risk disciplines.
• Represent Risk in leadership forums and approvals.
• Ensure compliance with regulatory resilience requirements.

Skills

Client activity monitoring

Financial crime compliance

Fraud prevention

Analytical mindset

Communication skills

Leadership skills

Job description

Transaction Banking, EMEA Head of Risk & Client Activity Monitoring (1st LoD), Executive Director, London

Job Description

We aim to build a modern and digital-first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients succeed by giving them a holistic view of their business. Through modern technology built on the cloud, we are an alternative to legacy platforms, providing a simple, intuitive, secure, and frictionless experience for domestic, cross-border, and cross-currency payments.

Role Overview

The TxB International Risk Manager plays a critical role in identifying, assessing, and mitigating risks within the Transaction Banking business. You will oversee a regional risk strategy across all risk disciplines, including financial crime compliance, execution and process risks, financial risks, and resilience. You will ensure growth is supported by a robust risk culture aligned with global frameworks and EMEA regulatory requirements. You will report to the TxB Global Head of Risk and act as a senior leader within the broader EMEA management team.

Key Responsibilities

• Develop and lead a high-performing EMEA risk team, fostering connectivity with regional and global stakeholders.
• Represent Risk in regional TxB leadership forums, risk councils, client selection forums, new product approvals, and change management programs.
• Advise business leaders on risks related to client onboarding, new client or product expansion, ensuring growth remains within risk tolerance and strategic objectives.
• Oversee global client activity monitoring processes to ensure client behavior, transaction patterns, and account usage stay within risk appetite, collaborating with compliance to assess risk signals and emerging concerns.
• Oversee the global fraud risk strategy, monitoring frameworks, and incident response; serve as an escalation point for potential fraud events and collaborate with global fraud operations.
• Own regional accountability for business continuity, crisis management, and operational resilience planning, ensuring compliance with regulatory resilience requirements and internal policies.
• Work with compliance and legal teams to interpret regulatory obligations and translate them into operational practices.
• Act as the key Risk contact for regional regulators, supporting regulatory submissions, inspections, and adapting to regulatory changes.
• Drive a proactive and embedded risk culture across all lines of defense.

Experience & Qualifications

• 10+ years of experience in financial services, focusing on transaction banking, treasury services, or corporate banking, ideally from a 1st Line of Defense perspective.
• Expertise in client activity monitoring, financial crime compliance risks, fraud prevention and detection, and operational risks.
• Deep understanding of the EMEA regulatory landscape and supervisory priorities.
• Effective communication and leadership skills to drive results across products and functions.
• Ability to build rapport and work closely with key stakeholders.
• Risk-based thinking and an analytical mindset.
• A self-starter capable of working independently in a start-up environment.

About Goldman Sachs

At Goldman Sachs, we meet our people, capital, and ideas to help our clients, shareholders, and communities grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm, headquartered in New York with offices worldwide.

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