The Goldman Sachs Group, Inc

Compliance - New York- Vice President, Financial Crime Controls - 9283333

The Goldman Sachs Group, Inc$124K — $207K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Finance, Legal Studies, International Relations, Law and Diplomacy, or related field plus 3 years of relevant experience; or Bachelor's degree with 5 years of relevant experience.
  • 3 years of experience in legal or compliance due diligence focusing on financial crime risks.
  • Experience advising senior stakeholders on risk considerations and compliance obligations.
  • Demonstrated ability to develop structured processes for financial crime compliance decision-making.
  • Experience with analyzing complex legal frameworks, especially in new regulatory areas like digital assets.

Responsibilities

  • Advise stakeholders on financial crime compliance risks related to digital assets.
  • Design and oversee a comprehensive financial crime risk management framework.
  • Develop metrics and reporting systems for managing elevated financial crime risk clients.
  • Collaborate with FCC leadership to refine compliance frameworks and criteria.
  • Support the implementation of the digital assets compliance program across multiple teams.
  • Articulate control enhancements and negotiate adherence to compliance policies with senior firm personnel.

Benefits

  • Opportunity to work with a leading global investment firm.
  • Engagement with senior leadership and cross-functional teams.
  • Focus on emerging areas in compliance, particularly digital assets.
  • Ability to influence strategic compliance initiatives at a high level.
  • Potential for significant professional growth in a complex regulatory landscape.
Full Job Description
Job Description

Job Duties: Vice President, Financial Crime Controls with Goldman Sachs & Co. LLC in New York, New York. Advise business and control-side stakeholders on Financial Crime Compliance (FCC) risks associated with engaging in digital assets related activities, clients and counterparties, while ensuring alignment with firmwide compliance policies and regulatory expectations. Design and oversee the Firm's financial crime focused risk management framework and client selection criteria to ensure alignment with evolving regulatory and industry standards. Develop and monitor business line specific risk metrics and reporting thresholds on clients that pose elevated financial crime risk to guide decision making. Engage with FCC leadership, senior first-line and technical teams on framework development and refinement to address changes in the client base and ensure consistent application of client selection criteria such that the frameworks reflect strategic and regulatory priorities. Support the development and implementation of the Firm's digital assets compliance program by collaborating with FCC stakeholders, legal, divisional compliance, sales and business teams. Engage with senior firm personnel and/or clients to articulate proposed control enhancements, legal and regulatory obligations, and negotiate adherence to firmwide policies and procedures.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Finance, Legal Studies, International Relations, Law and Diplomacy, or a related analytical field and three (3) years of experience in the job offered or in a related compliance, legal, risk management or finance role OR Bachelor's degree (U.S. or foreign equivalent) in Finance, Legal Studies, International Relations, Law and Diplomacy, or a related analytical field and five (5) years of experience in the job offered or in a related compliance, legal, risk management or finance role. Prior experience must include three (3) years with the following: conducting legal or compliance due diligence for clients, counterparties or transactions to assess legal, financial crime, commercial or regulatory risks; advising senior stakeholders on risk allocation, contractual and legal protections, and compliance with regulatory obligations; developing structured processes to support business decision-making for financial crime or regulatory compliance; and advise senior management and cross-functional teams on regulatory, legal and risk-based considerations, including evolving regulatory expectations, contractual obligations and compliance with applicable financial and investment regulations. Prior experience must include one (1) year with the following: analyzing complex legal frameworks and industry standards, including emerging regulatory risk areas such as digital assets or fintech, and translating them into actionable policies, procedures and controls for stakeholders; experience with anti-money laundering, counterterrorism, anti-bribery, sanctions, and anti-fraud (including wire fraud and debit card fraud) within the banking industry or at a financial regulator; providing oversight and regulatory advice on key corporate governance and compliance programs and supporting regulatory interactions associated with them; and identifying and assessing potential areas of risk in financial crime or regulatory compliance and developing strategies to mitigate them and recommending appropriate action to management.

Salary Range: Annual base salary for this New York, New York-based position is $124,600 - $207,000.

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.

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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.

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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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Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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