The Goldman Sachs Group, Inc

Global Banking and Markets (Client Ops)- Salt Lake City- Snr Associate, Client Onboarding & Configuration - 9713864

The Goldman Sachs Group, Inc$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Finance, Economics, Business Analytics, or related field.
  • 4 years of experience in client onboarding or a related role.
  • Experience with Anti-Money Laundering (AML) regulations and policies.
  • Expertise in conducting quality assurance testing on KYC cases.
  • Strong analytical skills in data review, metrics generation, and reporting.

Responsibilities

  • Engage in client service and relationship support.
  • Manage operational risk and oversight for account opening processes.
  • Perform quality assurance testing to identify operational risks.
  • Implement controls to mitigate risks associated with onboarding.
  • Collaborate with Compliance to develop firm policies and controls.
  • Design procedures for adherence to evolving regulatory requirements.
  • Conduct due diligence to ensure compliance with 'Know Your Customer' regulations.

Benefits

  • Opportunities for professional development and growth.
  • Collaborative work environment with cross-functional teams.
  • Access to state-of-the-art technology and resources.
  • Comprehensive health and wellness programs.
  • Employee assistance programs for personal and professional support.
Full Job Description
Job Duties: Snr Associate, Client Onboarding & Configuration with Goldman Sachs & Co. LLC in Salt Lake City, Utah. Engage in client service and relationship support, risk management, regulatory adherence, and other related tasks. Provide operational risk management and oversight for the Firm's account opening workflow and processes, including performing quality assurance testing to identify potential risks in the daily business operations, implementing controls to mitigate risk and working with cross-function teams to enable accurate reporting. Work with Compliance to define and implement firm policies and controls that minimize Regulatory risk to the firm and closely work with engineering teams to design new system enhancements to improve efficiencies, ranging from small enhancements to large-scale, global initiatives. Design procedures to reflect changing regulatory requirements and limit risk, review legal structures of various entities and completed, due diligence documents, to ensure regulatory requirements are met. Ensure that due diligence is performed accurately to protect the firm's assets by complying with "Know Your Customer" regulations to prevent and detect money laundering, corruption, and other financial crimes. Job Requirements: Bachelor's degree (U.S. or foreign equivalent) in Business Administration, Finance, Economics, Business Analytics, or related field and four (4) years of experience in the job offered or in a related role. Prior experience must include four (4) years of experience with: working with Anti-Money Laundering (AML)-related regulations and policies to ensure newly onboarded accounts meet all due diligence requirements; conducting quality assurance testing on Know Your Customer (KYC) refresh cases to ensure compliance with applicable policies; implementing new and updated customer due diligence policies and guidance to satisfy regulatory obligations; performing root cause analysis on KYC quality defects and implementing action plans to prevent reoccurrence; reviewing and analyzing data, generating metrics and publishing reports, and assisting with ad hoc projects leveraging data analytics; and working on multiple, time-sensitive projects in partnership with global teams and cross-functions, and ensuring timely delivery with high quality to meet client or business expectations.

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

Ready to take the next step? Prepare your resume, sharpen your interview skills, and explore the vast array of job opportunities at The Goldman Sachs Group, Inc. Our hiring process is designed to identify and nurture talent, helping you to achieve your career goals.

Stay Connected

Keep up to date with the latest from Goldman Sachs Careers by subscribing to our job alert emails. Tailor your preferences to receive updates that match your career interests and stay ahead in the competitive financial sector.

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
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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