Transaction Banking, Client Management Risk, Analyst
Goldman Sachs Bank AG, Dallas, Texas, United States, 75215
Opportunity Overview sitemap_outline CORPORATE TITLE Analyst language OFFICE LOCATION(S) Dallas assignment JOB FUNCTION Risk Governance account_balance DIVISION Platform Solutions
TRANSACTION BANKING
We aim to build a modern and digital first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to deliver a best‑in‑class digital banking experience that empowers clients with a clear, connected view of their business. We make payments simple, secure, and seamless—whether they’re local or global—so moving money across borders feels just as effortless as paying across the street.
THE ROLE & TEAM As part of TxB’s global first line of defense risk team, you will be involved in supporting TxB’s comprehensive risk management program with a focus on financial crime and other compliance related risks.
In this role, you will work closely with senior members of the TxB financial crime risk team to support business advisory, client selection, and governance functions. Key activities will include the execution of complex due diligence on new and existing clients, ongoing engagement with stakeholders to address escalations, monitoring of the client portfolio to identify key changes in risk profiles, as well as contributing to the management of other controls and functions to mitigate financial crime and compliance risks. To execute this function, you will work closely with various stakeholders ranging from TxB business managers to legal and second line of defense compliance personnel.
We are looking for an intellectually ambitious individual with excellent communication skills, who takes initiative and ownership of their work, enjoys working collaboratively in a dynamic and constantly evolving environment, and excels at producing high quality and timely deliverables with agency. If that’s you, we would like to hear from you!
RESPONSIBILITIES
Support the team to provide risk advisory evaluations on prospective and existing clients based on risk management criteria
Perform, evaluate and assess adverse media searches on TxB clients
Maintain knowledge of regulatory/compliance expectations, industry trends and emerging threats/risks
Execute due diligence routines on clients with elevated financial crime and/or compliance inherent risk or otherwise complex profiles (such as correspondent relationships)
Collate feedback from internal and external stakeholders to draft due diligence memos/reports on higher risk clients for internal review/signoff
Execute transactional activity reviews against client expected activity
Ensure reviews and associated processes are completed in a timely manner through strong organization and project management skills
Update and maintain documentation for team processes and best practices
Manage multiple tasks and use sound judgment when prioritizing
Establish trusted partnerships with peers, functional leads, and executive-level stakeholders across lines of defense
BASIC QUALIFICATIONS
Bachelor’s Degree plus 1-2 years of professional experience in a financial crime risk management or a compliance role in financial services
Ability to create professional presentations and communications in written and visual formats such as detailed reports including data analysis and visualizations, policies/procedures, process flows, governance documents, committee minutes, and presentations using PowerPoint
Ability to be creative, collaborate widely and deliver on key risk objectives in a timely and self-directed manner
Strong presentation (written and verbal), organizational and interpersonal skills
Must be comfortable and adaptable in a dynamic and multi-faceted work environment
Ability to balance both objective and subjective viewpoints when assessing complex risks
Strong prioritization skills and ability to manage several projects/tasks simultaneously
Team oriented, energetic, self-directed, and self-motivated
Professional fluency in the English language
PREFERRED QUALIFICATIONS
3 plus years of experience in risk management, financial crime advisory, legal and/or compliance
J.D. or master’s degree in a related field
Experience drafting financial crime related documents, such as enhanced client due diligence review reports, transaction monitoring investigative reports
Prior Transaction Banking/Commercial Banking experience
Experience in payments/with payment rails
Experience conducting due diligence of correspondent banking relationships
Client-facing experience in a similar role
ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers .
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Healthcare & Medical Insurance We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.
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THE ROLE & TEAM As part of TxB’s global first line of defense risk team, you will be involved in supporting TxB’s comprehensive risk management program with a focus on financial crime and other compliance related risks.
In this role, you will work closely with senior members of the TxB financial crime risk team to support business advisory, client selection, and governance functions. Key activities will include the execution of complex due diligence on new and existing clients, ongoing engagement with stakeholders to address escalations, monitoring of the client portfolio to identify key changes in risk profiles, as well as contributing to the management of other controls and functions to mitigate financial crime and compliance risks. To execute this function, you will work closely with various stakeholders ranging from TxB business managers to legal and second line of defense compliance personnel.
We are looking for an intellectually ambitious individual with excellent communication skills, who takes initiative and ownership of their work, enjoys working collaboratively in a dynamic and constantly evolving environment, and excels at producing high quality and timely deliverables with agency. If that’s you, we would like to hear from you!
RESPONSIBILITIES
Support the team to provide risk advisory evaluations on prospective and existing clients based on risk management criteria
Perform, evaluate and assess adverse media searches on TxB clients
Maintain knowledge of regulatory/compliance expectations, industry trends and emerging threats/risks
Execute due diligence routines on clients with elevated financial crime and/or compliance inherent risk or otherwise complex profiles (such as correspondent relationships)
Collate feedback from internal and external stakeholders to draft due diligence memos/reports on higher risk clients for internal review/signoff
Execute transactional activity reviews against client expected activity
Ensure reviews and associated processes are completed in a timely manner through strong organization and project management skills
Update and maintain documentation for team processes and best practices
Manage multiple tasks and use sound judgment when prioritizing
Establish trusted partnerships with peers, functional leads, and executive-level stakeholders across lines of defense
BASIC QUALIFICATIONS
Bachelor’s Degree plus 1-2 years of professional experience in a financial crime risk management or a compliance role in financial services
Ability to create professional presentations and communications in written and visual formats such as detailed reports including data analysis and visualizations, policies/procedures, process flows, governance documents, committee minutes, and presentations using PowerPoint
Ability to be creative, collaborate widely and deliver on key risk objectives in a timely and self-directed manner
Strong presentation (written and verbal), organizational and interpersonal skills
Must be comfortable and adaptable in a dynamic and multi-faceted work environment
Ability to balance both objective and subjective viewpoints when assessing complex risks
Strong prioritization skills and ability to manage several projects/tasks simultaneously
Team oriented, energetic, self-directed, and self-motivated
Professional fluency in the English language
PREFERRED QUALIFICATIONS
3 plus years of experience in risk management, financial crime advisory, legal and/or compliance
J.D. or master’s degree in a related field
Experience drafting financial crime related documents, such as enhanced client due diligence review reports, transaction monitoring investigative reports
Prior Transaction Banking/Commercial Banking experience
Experience in payments/with payment rails
Experience conducting due diligence of correspondent banking relationships
Client-facing experience in a similar role
ABOUT GOLDMAN SACHS At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers .
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Healthcare & Medical Insurance We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr