Compliance Associate

Job Duties Associate, Financial Crime Controls in Goldman Sachs Bank USA in Richardson, Texas. Analyze new and emerging AML (anti-money laundering) risk related to each business line within the firm and identifying areas where the firm needs additional transaction monitoring coverage and applicable controls. Analyze customer and transaction data, runs complex queries, identify potential automation solutions and solve inefficiencies within our transaction monitoring processes. Serve as the subject matter expert (SME) for TM systems, with a deep technical understanding of how they work, including data segmentation, data flows, Above-the-Line/Below-the-Line tuning for scenario thresholds, and associated troubleshooting. Understand data workflows from ingestion to reporting and develop strategies to optimize system configurations, minimize false positives and enhance detection capabilities through segmentation and tuning efforts while utilizing platforms such as Actimize, Snowflake, Alteryx. Monitor the changes in AML regulations and emerging risk, perform complex data analysis, including advising business leaders, directing the appropriate areas to implement or amend policies, standards, procedures and/or processes to address regulatory requirements, and challenging the implementation plan as needed. Job Requirements Master’s degree (U.S. or foreign equivalent) in Data Analytics, Information Technology, Software Design, Computer Engineering, Software Engineering, or a related field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Data Analytics, Information Technology, Software Design, Computer Engineering, Software Engineering, or a related field and three (3) years of experience in the job offered or in a related role. Prior experience must include one (1) year with a Master’s degree OR three (3) years with a Bachelor’s degree with: understanding of Transaction Monitoring Models and Systems including above and below the line tuning and optimization; complex AML (anti-money laundering) legislation, typologies, related risks, and banking impacts; data analysis tooling such as Alteryx, SQL, Python, and Excel; data visualization software such as Tableau; and data lineage and issue identification experience including data contract development. Benefits 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