The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in Chicago, London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.
BUSINESS UNIT OVERVIEW
Financial Crime Compliance (“FCC”) brings together various groups whose complementary areas of expertise enable Goldman Sachs to optimize its enterprise-wide efforts to prevent and detect financial crime. FCC consists of the global Anti-Money Laundering Group, the Government Sanctions Group, the Anti-Bribery Group, the Electronic Communications Surveillance Group, the Risk and Policy Group, the Strategy and Planning Group, and the Financial Crime Compliance Forensics Group. The combined team is composed of professionals with extensive law enforcement, regulatory, legal, compliance, operations, consulting and business experience. It leverages an array of risk ranking, due diligence, surveillance, and analytical processes designed to prevent, detect and report potential money laundering, securities fraud, terrorist financing, bribery, corruption and other violations of law and regulations. Financial Crime Compliance supports all of the firm’s core businesses and has personnel in twelve cities in eight countries.
The role of Transaction Surveillance Investigator will report to Financial Crime Compliance management for the firm’s consumer-facing businesses and will involve:
• Becoming knowledgeable on the firm’s current approach to transaction surveillance and suspicious activity.
• End-to-end suspicious activity reporting process, which entails investigating, documenting, presenting, and, when appropriate, reporting suspicious activity.
• Review initial referrals and escalations, providing accurate analysis and documentation of suspicious activity, formulating suspicious activity reports on the most complex cases and assist with enhanced due diligence decisions, and recommend appropriate risk-based business actions to be taken concerning client/consumer relationships.
• Recognizing new/emerging patterns/typologies and respond with appropriate investigative techniques based on applied knowledge and a wide range of research/investigative techniques and may provide training and guidance to staff
• Interact with various stakeholders within the organization to gather critical information for decision making
• Provide concise weekly case updates, monthly report input and quarterly intelligence briefings profiling key AML risks at all levels of the program for upper level management
The ideal candidate:
• Is knowledgeable on the BSA/AML and corresponding SAR filing requirements, particularly as they relate to domestic retail banking customers
• Is knowledgeable on industry utilities, including World-Check, LexisNexis Bridger, and/or Actimize
• Has prior experience assessing risk level of cases and prioritize accordingly
• 2-4 years of experience in anti-money laundering regulations, investigation, or AML related field.
• Excellent writing and oral presentation skills
• Minimum - Bachelor’s Degree
• Strong attention to detail
• Strong proficiency with Microsoft Excel, and an aptitude for learning new systems and applications
• Ability to forge strong relationships with colleagues
• Ability to work with a high level of autonomy
• Proactive, self-motivated, and well-organized