Compliance - Financial Crime Controls - Transaction

GLOBAL COMPLIANCE

Our division prevents, detects 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. You'll be part of a team with members from a wide range of academic and professional backgrounds, such as law, accounting, sales, and trading. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.

BUSINESS UNIT AND ROLE OVERVIEW

Financial Crime Compliance (“FCC”) has primary responsibility for the execution of the firm’s enterprise-wide Anti-Money Laundering (“AML”), anti-bribery, and government sanctions compliance programs and, among other things, performs enhanced due diligence and government sanctions screening, as well as surveillance and investigations designed to identify potential terrorist financing, money laundering, bribery, market abuse, or other suspicious activity.

Goldman Sachs Bank USA (the “Bank”) is a New York State-chartered bank and a member of the Federal Reserve System. All of the firm’s revenue divisions conduct business in the Bank. Bank activities include the acceptance of client, customer and brokered deposits; the origination of bank loans and mortgage loans; entering into interest rate, credit, currency, and other derivatives; and agency lending. The Bank facilitates client transactions and makes markets in fixed income products.

OPPORTUNITY

FCC is seeking an individual to join its FCC Transaction Banking team to assist in the Anti-Money Laundering Analytics program with model development, model tuning and optimization, model validation, management information reporting and AML system integration to effectively fight financial crime across various. S/he will be working with cross-divisional partners, including technology, operations and business personnel through all aspects of optimizing and integration of the critical transaction monitoring program, including but not limited to the following:

- Facilitate AML model development, implementation, optimization, assessment and validation of risk-based customer transaction monitoring, AML customer risk rating and customer segmentation.
- Develop governance documentation related to tuning efforts, parameter changes and data validation for AML transaction monitoring to ensure a comprehensive audit trail is maintained.
- Track and report results of tuning and optimization activities and model performance to senior management
- Assist in developing robust analytics dashboards, displaying AML metrics
- Continually assist with improving data integrity and data completeness as well as system accuracy
- Capturing, analyzing and documenting business requirements and functional specifications
- Working with Investigation team to identify the issues and spin projects to optimize the surveillances
- Working with business products teams to understand business products and drive projects to adapt surveillance and models to changing business products

The role is open to start immediately.

**Basic Qualifications**
- Bachelor’s degree in Statistics, Economics, Computer Science, Management of Information Systems, Data Science or related field
- 5+ years of prior experience in an analytical or technical role in Financial Crimes Compliance, preferably in Global Transaction Banking, Corporate Cash Management and/or Payments business of an international financial services organization
- Hands-on technical experience mining and analyzing transactional electronic data with competency in a variety of analytics tools and programming languages such as, but not limited to:

- Microsoft SQL Server, Oracle
- Predictive Analytics/Data Mining E.g. Python, R, Java
- Data Visualization Tools E.g. Tableau, Power BI, excels
- Knowledge of latest AML transaction monitoring technology tools, trends and understanding of AML and terrorist financing trends and typologies
- Experience of working on AML Transaction Monitoring product optimization such as Actimize and Mantas; preferably modern transaction monitoring systems leveraging machine learning algorithms for detection
- Excellent organization and project management skills - ability to execute and manage a project independently is extremely important
- Excellent written and verbal communication skills, ability to adapt to new changes and new challenges
- Ability to prioriti