Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate

Goldman Sachs; Salt Lake City (UT); On-site; USD 86,000 - 162,000; Full time

Job summary

Goldman Sachs is seeking a Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate in Salt Lake City. The ideal candidate will enhance controls against financial crimes, collaborating with teams, analyzing data, and ensuring compliance with regulatory standards. Applicants should have relevant qualifications and experience in risk management and compliance.

Qualifications

• Requires a degree (Bachelor/Master/JD).
• 3-5 years of related prior compliance experience preferred.
• Adaptability in a fast-paced environment.

Responsibilities

• Review and assure financial crime controls.
• Collaborate with stakeholders for monitoring reviews.
• Document and communicate outcomes from reviews.

Skills

Risk analysis

Research skills

Attention to detail

Verbal communication

Written communication

Project management

Education

Bachelor's degree

Master's degree

JD

Tools

Microsoft Office

Excel

Job description

Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate

Join to apply for the Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate role at Goldman Sachs

Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate

4 days ago Be among the first 25 applicants

Join to apply for the Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate role at Goldman Sachs

Get AI-powered advice on this job and more exclusive features.

Job Description

Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate

Global Compliance

Our division detects, prevents, 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.

Financial Crime Compliance

Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions and anti-bribery compliance efforts. The combined FCC team 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.

Job Description

Compliance, Financial Crime Compliance, Monitoring and Quality (MAG), Associate

Global Compliance

Our division detects, prevents, 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.

Financial Crime Compliance

Financial Crime Compliance ("FCC") coordinates Goldman Sachs' enterprise-wide anti-money laundering (AML), economic sanctions and anti-bribery compliance efforts. The combined FCC team 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.

The Monitoring and Assurance Group (MAG) performs monitoring and testing to evaluate the efficacy of the FCC program controls. The team conducts reviews over financial crime related controls to document compliance with regulatory standards and in accordance with the risk appetite of the Firm.

FCC MAG is seeking an associate to join our team and help assure the controls and processes mitigating financial crime risk at the firm are operating effectively. The ideal candidate would have proven experience identifying potential legal, regulatory, or reputational risk, with the discipline to constantly maintain such focus. We look for those who possess sound judgment, curiosity, and can adapt to a constantly changing landscape.

Primary Responsibilities

• Review financial crime controls, assuring firm standards are met, and all risks have been addressed
• Collaborate with stakeholders to gather information to conduct monitoring and quality reviews
• Document, analyze, and communicate detailed outcomes related to monitoring and assurance reviews
• Analyze large sets of data including both quantitative and qualitative to identify trends, issues, anomalies, etc.
• Identify, then communicate, observations and areas for uplift with key stakeholders
• Draft detailed investigative reports
• Track and validate completion of corrective action plans
• Compile and report metrics
• Assist with the implementation of periodic reporting
• Assist with presentations to management
• Drive forward projects pertaining to the Monitoring and Assurance Program
  
  

Basic Qualifications

• The role requires a degree (Bachelors/Masters/JD)
• Excellent risk analysis and research skills, and attention to detail
• Strong verbal and written communications skills
• Ability to prioritize workflows and ensure deadlines are met
• Ability to learn new systems and processes quickly
• Able to work independently, but still be team-oriented
• Experience with project management, multi-tasking and i nteracting with multiple stakeholders
• Experience with standard computer applications, including Microsoft Office and Excel
• Willingness to adapt in a fast-paced work environment; strong sense of urgency
• Strong work ethic
  
  

Preferred Qualifications

• 3 to 5 years or related prior Audit, Monitoring, or Testing experience
• Financial Industry knowledge (Global Markets, Wealth Management, in particular)
• Financial Crime Compliance experience

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

Referrals increase your chances of interviewing at Goldman Sachs by 2x

Get notified about new Compliance Specialist jobs in Salt Lake City, UT.

Compliance and Risk Specialist, Third Party Regulatory Oversight, Issue Management, Risk and Controls

Cottonwood Heights, UT $86,400.00-$162,000.00 6 days ago

Compliance-Salt Lake City-Associate-Financial Crime Controls Anti-Bribery Compliance Officer

Salt Lake City, UT $90,000.00-$165,000.00 1 hour ago

Sandy, UT $55,000.00-$105,000.00 3 days ago

Financial Crimes Compliance (FCC) Risk Manager

Salt Lake City, UT $90,000.00-$165,000.00 1 hour ago

Salt Lake City, UT $110,000.00-$191,000.00 2 months ago

Salt Lake City Metropolitan Area 1 week ago

Salt Lake City Metropolitan Area 1 month ago

Compliance Manager, Regulatory Change Management

Cottonwood Heights, UT $105,600.00-$198,000.00 3 weeks ago

Salt Lake City, UT $65,000.00-$85,000.00 6 days ago

Cottonwood Heights, UT $105,600.00-$198,000.00 1 day ago

Senior Technical Accountant SOX Compliance

Cottonwood Heights, UT $100,000.00-$120,000.00 1 week ago

Compliance, Core Compliance- Learning, Vice President, Salt Lake City

Consultant Selection & Compliance Manager

Cottonwood Heights, UT $153,600.00-$264,000.00 2 days ago

Compliance-Salt Lake City-Program Management

Compliance-Salt Lake City-Associate-Financial Crime Controls

Fair Lending Compliance Officer - Salt Lake City

Senior Manager, Trade Compliance with OCR EASE Experience

Sr Director, Ethics & Compliance Officer - North America

Central Compliance and Strategy Senior Manager

Cottonwood Heights, UT $124,800.00-$214,500.00 3 weeks ago

Compliance-Salt Lake City-Vice President-Program Management

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.