The Goldman Sachs Group, Inc

Compliance, FCC - Government Sanctions, Vice President, NY or Washington DC

The Goldman Sachs Group, Inc • $170K — $200K *
New York, NY 10025In-Person
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree; Master's degree or JD preferred
  • 6+ years of sanctions advisory experience at a global financial institution or relevant government agency
  • In-depth knowledge of US (OFAC) sanctions, with advisory experience for stakeholders
  • Experience with UK/EU sanctions is a plus
  • Strong analytical, problem-solving, and written/oral communication skills
  • Ability to manage multiple projects and meet tight deadlines
  • Team-oriented with mentorship experience for junior team members

Responsibilities

  • Liaise with business, operations, and technology to provide expert sanctions guidance
  • Conduct assessments and investigations of sanctions matters and prepare regulatory reports
  • Advise on the impact of sanctions regulations on business activities and controls
  • Manage regulatory/internal audits and engage with government agencies as needed
  • Ensure compliance with metrics, deadlines, and record-keeping obligations
  • Contribute to sanctions-specific governance forums
  • Deliver sanctions training to Goldman Sachs employees

Benefits

  • Opportunity to work within a global compliance framework
  • Access to ongoing professional development and mentorship
  • Engagement with senior management and multi-functional teams
  • Exposure to complex international regulatory environments
  • Role as a subject matter expert impacting business operations
Full Job Description
Job Description

Financial Crime Compliance - Government Sanctions Group, Vice President

As part of Global Compliance, Financial Crime Compliance ("FCC") is responsible for coordinating the Firmwide anti-financial crime program. FCC designs, develops, implements and oversees a wide range of systems and controls designed to prevent and detect money laundering, terrorist financing, insider trading, government sanctions violations, bribery, and fraud and other misconduct (including insider threat monitoring). FCC ensures compliance with applicable anti-money laundering, anti-bribery, and government sanctions regulations globally.

About the Role:

The Government Sanctions Group ("GSG") within FCC is seeking a Sanctions Advisory Vice President. GSG ensures the Firm's compliance with sanctions programs administered by the US Department of the Treasury's Office of Foreign Assets Control (OFAC), the UK Office of Financial Sanctions Implementation (OFSI), part of His Majesty's Treasury, the European Union, and other relevant sanctions authorities globally.

The ideal candidate would have 6 or more years of previous sanctions advisory experience at a global financial institution (or similar organization), proven time management skills, strong attention to detail, written and oral communication skills, investigative skills, and the ability to collaborate within a team. The Sanctions Advisory Vice President will serve as a subject matter expert on government sanctions regulations and assist in the identification and mitigation of sanctions risks across the firm's lines of business.

Principal Responsibilities:

  • Working under the supervision of sanctions senior management, liaise with business, operations, and technology divisions to provide expert guidance on sanctions matters, including but not limited to funds transfers, securities trades, complex transactions, and investment banking deals
  • Undertake assessments and investigations of sanctions matters, including escalations concerning US, UK, and EU regulations, and the preparation and submission of regulatory reports, internal assessments, disclosures and responses as necessary
  • Advise on sanctions regulations as they relate to the assessment of key controls within the broader sanctions compliance framework, including assessing impact to new and expanded business activity within the firm
  • Assist in managing regulatory and internal audit exams; engage with OFAC and other government agencies as necessary
  • Ensure metrics, deadlines, and record-keeping obligations established by sanctions management are met
  • Contribute to sanctions-specific and FCC governance forums (as applicable)
  • Enhance and deliver sanctions training to Goldman Sachs employees
  • Bachelor's degree, Masters degree or JD preferred
  • At least 6 years' sanctions advisory experience at a global financial institution or relevant government agency
  • Substantive knowledge of US (OFAC) sanctions and experience directly advising first and second-line stakeholders on sanctions risks and control requirements; UK/EU sanctions experience a plus
  • Demonstrated analytical and problem-solving abilities, with the capacity to interpret complex regulatory guidance and apply it to real-time business queries
  • Strong written and oral communication skills, with the ability to synthesize large volumes of information and deliver clear, actionable recommendations under tight deadlines
  • Ability to handle multiple priority projects at once and deliver consistently high-quality results
  • Ability to be a self-starter and to ensure projects are followed through to completion
  • Team-oriented and willingness to provide guidance/mentorship to junior team members


Basic Qualifications:

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Finance & Insurance
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ
GS
* Ladders Estimates

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