YOUR IMPACT
We seek an experienced and qualified client onboarding and data maintenance regulatory compliance expert (e.g., Anti-Money Laundering / Know Your Client / Customer Due Diligence (KYC/AML/CDD)) to lead our newly established Audit Response team. This role will own relationships with internal and external auditors as well as facilitate the audit responses for all client onboarding and client identification program functions.
 

OUR IMPACT 
Wealth Management operations is a dynamic, multi-faceted division that partners with all parts of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. In addition, Wealth Management Operations provides essential risk management and control to preserve and enhance the firm’s assets and its reputation. For every trade agreed, every new product launched, or market entered, every transaction completed, it is Operations that develops the processes and controls that makes business flow. 

The Audit Response team facilitates internal and external exams focused on client data, client onboarding, and client identification program. The Audit Response team also provides guidance on assessing whether client onboarding and client identification program controls are sufficient and working as intended, whether operating procedures are being performed consistently and efficiently, and whether activities follow regulatory requirements, industry standards, and internal policies.
 

Responsibilities: 

Is the single global accountable owner for all client onboarding an client identification program audit and exam responses (external and internal) Sets communication strategy with external regulatorsIs an expert on regulatory requirements, industry standards, and internal policies pertaining to client onboarding and client identification processesOwns primary relationship with Internal Audit for client onboarding and client identification program functions as well as Compliance groups for Regulatory engagementsMaintain awareness of Regulatory and Financial Crime Compliance policy updates and incorporates the process and procedural changes in the KYC review processEnsures training to Operations team on with regulatory requirements, industry standards, and internal policies, including coaching the junior team members and providing guidance. Coordinates with Goldman Sachs divisions to understand Audit findings that can be applied to Wealth ManagementGrows an Audit Remediation specialist team focused on:  Guiding accurate and complete fieldwork and responses for internal audit and regulatory exams and inquiriesDrafting responses for internal audit and regulatory exams and inquiriesCoordinating subject matter expert review of responses for internal audit and regulatory exams and inquiriesCollating material and messaging for various leadership forums and postingsDeveloping recommendations on process improvements based on regulatory requirements, industry standards, and internal policies
 

Requirements:

+10 years of relevant work experience in client data compliance expert (e.g.,Anti-Money Laundering / Know Your Client / Customer Due Diligence (KYC/AML/CDD)  Ability to own primary relationship senior leadership, Internal Audit, and RegulatorsStrong analytical, problem-solving, decision-making skills, attention to detail and risk focused mind setExcellent stakeholder engagement skills, ability to effectively manage internal and external stakeholdersOverall understanding of the client lifecycle process and various types of account structuresAbility to interpret and excellent understanding of end-to-end KYC/CDD policy, procedure requirements & terminologiesAbsolute discretion when dealing with confidential mattersAbility to multi-task and prioritize accordinglyTeam player with flexibility and adaptability to changeExcellent interpersonal skills, both written and oralMeticulous, couples with the ability to work under pressure and tight timelineKnowledge of MS Office (Word, Excel, etc.) 
 

Salary Range 
The expected base salary for this New York, New York, United States-based position is $100000-$235000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.

Benefits 
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.