Job Duties: Vice President with Goldman Sachs & Co. LLC in New York, New York. Assist with designing and implementing anti-money laundering (AML) surveillances, transaction monitoring platforms, scenarios, case management systems, quality assurance and testing for the Bank’s global transaction banking business. Work with cross-divisional partners, including Technology and Operations including business personnel through all aspects of strategic and tactical builds of critical transaction monitoring programs. Utilize knowledge of the Bank Secrecy Act (BSA) and regulations to support compliance in design, monitoring and optimizing AML surveillances. Lead and manage a team of compliance professionals who support the AML transaction monitoring function for Transaction Banking business. Lead and support compliance personnel in capturing, analyzing, and documenting requirements and process flows for AML surveillance, including drafting specification and business requirement documents. Work with cross-divisional partners, including technology, operations, and business personnel through all aspects of strategic and tactical builds of critical compliance program elements. Maintain standards for rule tuning, below the line testing and above the line testing. Perform data analysis and identify data requirements as required for new products and services required for AML surveillances. Understand trends in underlying customer data and advise on methodologies to detect potential suspicious activity. Support ongoing optimization to the effectiveness of all in scope business as usual monitoring systems, scenarios and rules and tools. Develop key performance indicators to measure efficiencies and effectiveness within the Transaction Monitoring space. Developing, overseeing, and supporting execution of user acceptance testing. Define and track project milestones while developing, maintaining, and reporting on an overall integrated delivery plan. Ensuring the documentation of project artifacts for Compliance testing, regulatory and audit purposes. 

Job Requirements: Bachelor’s degree (U.S. or foreign equivalent) in Information technology, Computer Engineering, Computer Science, Finance, Finance and Investments, Statistics, or a related field. Seven (7) years of experience in the job offered or in a related role. Five (5) years of experience with: working on Actimize or equivalent vendor products, including Mantas or SAS, to implement surveillance models for AML controls; data modeling and analytical skills to analyze data structures, perform data mapping across data sets and data sources to procure the appropriate data for AML transaction monitoring surveillances; working within the AML transaction monitoring space including strategizing, monitoring, and implementing controls; presenting and providing verbal and written communications to senior management, and internal and external stakeholders; analyzing financial products to identify AML risks and map them to the necessary surveillance models within vendor products or custom-built models; analyzing data sets of millions of payments data records and thousands of customer accounts data records, through data lakes and/or warehouses based on advanced database technologies, such as Oracle, Sybase, and/or big data platforms including Hadoop Distributed File System; analyzing financial products to identify AML transaction monitoring relevant data sources and impact to existing data interfaces specially in the transaction banking business; designing, developing, and optimizing AML surveillances; and working with the BSA/AML regulations in connection with the AML transaction monitoring obligations for a transaction banking and payments business.

Salary Range: The expected annual base salary for this New York, New York, United States-based position is $163,000 - $250,000. 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: https://www.goldmansachs.com/careers/discover/benefits-summary-US.pdf

©The Goldman Sachs Group, Inc., 2024. All rights reserved. Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity.