Compliance, Financial Crime Compliance - Anti-Bribery Group, Associate, New York
Goldman Sachs Bank AG, New York, NY, United States
Compliance, Financial Crime Compliance - Anti-Bribery Group, Associate, New York location, New York, NY, United States
Associate – New York, NY – Salary: $85,000–$140,000
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.
Financial Crime Compliance (“FCC”) FCC is part of the firm’s Global Compliance Division and is responsible for coordinating Goldman Sachs’ enterprise-wide anti-money laundering, anti-bribery and government sanctions compliance efforts. Within FCC, the Anti-Bribery & Corruption Group (“AB&C”) is responsible for implementing the firmwide anti-bribery and anti-corruption program, including assessment of the firm’s bribery/corruption risk, development and implementation of policies and procedures to prevent, detect and report bribery and corrupt payments; due diligence with respect to proposed transactions, intermediaries, and certain other business counterparties; training of relevant personnel; monitoring and surveillance of gifts, travel and entertainment; investigations of “red flags” and internal escalations; and bringing significant issues to the attention of senior management.
The Anti-Bribery Compliance Officer would assist in all aspects of the anti-bribery program, including but not limited to:
Supporting the implementation of anti-bribery policies, procedures and projects
Conducting intermediary/finder, vendor, and transaction due diligence reviews and analyses and generating reports
Reviewing gifts, travel and entertainment, relationship candidate and charitable contribution requests
Investigating escalations and conducting forensic reviews and data analytics
Conducting firmwide and targeted bribery risk assessments
Collaborating with firmwide risk partners on anti-bribery matters
Partner with Engineering and FCC’s Data, Systems, & Innovation teams to drive adoption of AI, automation, advanced analytics, and digital tools that enhance processes and controls, and reduce manual effort
Design and optimize AB&C operations, leveraging workflow automation and artificial intelligence platforms
Contribute to overall program management and governance by:
Tracking/monitoring team productivity and efficiency
Creating and providing anti-bribery training
Generating firmwide anti-bribery metrical reporting
Maintaining bribery risk and anti-bribery control inventories
Collaborating with other control functions
Basic Qualifications
A minimum of 4 years of prior experience in anti-bribery/anti-corruption compliance, legal, consulting, law enforcement, investigations or audit preferred
Excellent written and oral communication/presentation skills (fluency in English required)
Strong analytical, investigative and risk assessment skills
Ability to prioritize demanding workflows, be detailed-oriented and well-organized
Ability to adapt to new changes and new challenges
Effective interpersonal skills and ability to forge strong relationships with colleagues and clients
Self-starter, proactive and able to work independently and yet still team-oriented
Experience with Microsoft Office (Excel proficiency preferred), and databases such as World-Check
Strong attention to detail and aptitude for learning new systems and applications
Experience with technology initiatives and artificial intelligence platforms
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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.
Benefits 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.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
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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Associate – New York, NY – Salary: $85,000–$140,000
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.
Financial Crime Compliance (“FCC”) FCC is part of the firm’s Global Compliance Division and is responsible for coordinating Goldman Sachs’ enterprise-wide anti-money laundering, anti-bribery and government sanctions compliance efforts. Within FCC, the Anti-Bribery & Corruption Group (“AB&C”) is responsible for implementing the firmwide anti-bribery and anti-corruption program, including assessment of the firm’s bribery/corruption risk, development and implementation of policies and procedures to prevent, detect and report bribery and corrupt payments; due diligence with respect to proposed transactions, intermediaries, and certain other business counterparties; training of relevant personnel; monitoring and surveillance of gifts, travel and entertainment; investigations of “red flags” and internal escalations; and bringing significant issues to the attention of senior management.
The Anti-Bribery Compliance Officer would assist in all aspects of the anti-bribery program, including but not limited to:
Supporting the implementation of anti-bribery policies, procedures and projects
Conducting intermediary/finder, vendor, and transaction due diligence reviews and analyses and generating reports
Reviewing gifts, travel and entertainment, relationship candidate and charitable contribution requests
Investigating escalations and conducting forensic reviews and data analytics
Conducting firmwide and targeted bribery risk assessments
Collaborating with firmwide risk partners on anti-bribery matters
Partner with Engineering and FCC’s Data, Systems, & Innovation teams to drive adoption of AI, automation, advanced analytics, and digital tools that enhance processes and controls, and reduce manual effort
Design and optimize AB&C operations, leveraging workflow automation and artificial intelligence platforms
Contribute to overall program management and governance by:
Tracking/monitoring team productivity and efficiency
Creating and providing anti-bribery training
Generating firmwide anti-bribery metrical reporting
Maintaining bribery risk and anti-bribery control inventories
Collaborating with other control functions
Basic Qualifications
A minimum of 4 years of prior experience in anti-bribery/anti-corruption compliance, legal, consulting, law enforcement, investigations or audit preferred
Excellent written and oral communication/presentation skills (fluency in English required)
Strong analytical, investigative and risk assessment skills
Ability to prioritize demanding workflows, be detailed-oriented and well-organized
Ability to adapt to new changes and new challenges
Effective interpersonal skills and ability to forge strong relationships with colleagues and clients
Self-starter, proactive and able to work independently and yet still team-oriented
Experience with Microsoft Office (Excel proficiency preferred), and databases such as World-Check
Strong attention to detail and aptitude for learning new systems and applications
Experience with technology initiatives and artificial intelligence platforms
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.
We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
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.
Benefits 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.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
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