Compliance, Financial Crime Compliance, Business Intelligence Group, Executive Director, London

OUR IMPACT
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 defence, 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) 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.
YOUR IMPACT

• The Business Intelligence Group (BIG) in FCC covering Europe, the Middle East and Africa (EMEA), which is based in London, is seeking someone from either a legal or non-legal background with relevant skills and experience to work within the BIG team in connection with their review of transactions across a range of jurisdictions in EMEA.
• BIG is a transactional review and due diligence group dedicated to the identification and evaluation of legal, regulatory and reputational risk raised by transactions to support the firm's business lines and firmwide committees in their efforts to make fully informed commercial and reputational risk management decisions and to meet regulatory requirements. These business lines include banking, principal investments and certain asset management businesses. BIG works closely with deal teams and subject matter experts within Global Compliance, including broader FCC, and Legal.
• BIG is composed of lawyers and compliance professionals with extensive regulatory, government, audit and transactional experience.
• This is an opportunity to work in a global team on a diverse range of transactions across jurisdictions.

RESPONSIBILITIES

• Due diligence and intelligence gathering, risk identification and mitigation to support the assessment of legal, regulatory and reputational risk in potential transactions, business relationships and other situations, covering issues such as bribery & corruption, compliance with economic sanctions, source of wealth, links to organized crime, financial irregularities, litigation risk, money laundering, and geo-political risk etc.
• Instruct and liaise with external investigative consultants, evaluate their reports and challenge findings where necessary.
• Drive the diligence and intelligence gathering process to address issues identified, coordinating with in-house lawyers, external counsel, compliance and business teams.
• Providing advice to business teams and other internal stakeholders on legal, regulatory and reputational risk (including in relation to money laundering, bribery and corruption and economic sanctions) and associated mitigants in a transactional context.
• Coordinate with teams in the Legal Department to ensure that for each transaction there is appropriate contractual protection against the risks identified, in particular in relation to bribery & corruption and economic sanctions.

SKILLS AND EXPERIENCE WE ARE LOOKING FOR

• Minimum of four years of relevant experience at a due diligence or corporate investigations firm, in regulatory or compliance work in the financial sector, or at an international law firm advising on transactions and/or on financial crime-related issues.
• International transactional experience is desirable.
• Knowledge of laws, regulations, and government, regulatory and industry standards and guidelines related to anti-money laundering, anti-corruption, and economic sanctions desirable.
• Analytical and critical-thinking skills with ability to present conclusions confidently and effectively, both verbally and in writing. Able to assess and judge risks within the commercial context of often complex transactions and relationships, and suggest constructive solutions to navigate and mitigate reputational, legal and regulatory risk.
• Interest and experience in international relations.
• Willingness to deliver unwelcome messages to internal stakeholders, where necessary.
• Team player who enjoys a collaborative approach to work. Prepared to escalate relevant issues to seniors, and provide support where needed to juniors and peers.
• Highly organised and able to work in a fast-paced, dynamic environment, taking a proactive approach to potential issues.
• Ability to conduct research in multiple languages would be helpful, but is not a prerequisite.
• Proficient in the use of IT systems and research databases.
  

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.

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