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Compliance, Financial Crime Compliance, Anti-Money Laundering/Counter-Terrorism Financing Officer, Vice President, Sydney
Goldman Sachs
Sydney, , Australia
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Job Summary & Responsibilities
YOUR IMPACT
Are you passionate about working in a top-tier financial services firm in an important control-focused function? We’re looking for an experienced professional to join our Financial Crime Compliance (FCC) team in a key role supporting the business in Australia and New Zealand.
OUR IMPACT
The Global Compliance Division interprets regulatory requirements to ensure the firm is in compliance with applicable laws, regulations and rules, and determines how to appropriately pursue global market opportunities. Our employees monitor regulatory trends in every jurisdiction where the firm operates and we work with regulators to manage financial market risk. 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.
FCC is responsible for coordinating Goldman Sachs’ enterprise-wide Anti-Money Laundering (AML)/Counter-Terrorism Financing (CTF) compliance effort and provides AML-related services to Goldman Sachs subsidiaries worldwide. These services include: developing and implementing policies and procedures; performing customer due diligence and enhanced due diligence; screening against OFAC and other government sanctions lists; conducting automated and manual transaction monitoring, investigating potential violations of law, regulation or firm policy by employees and/or clients; reporting suspicious activity; coordinating the firm’s anti-bribery efforts, coordinating training of relevant employees; and liaising with law enforcement and regulatory authorities.
HOW YOU WILL FULFILL YOUR POTENTIAL
Working with and reporting to the Regional Head of FCC and the Head of Compliance for Australia and New Zealand (ANZ), you will be responsible as the AML/CTF Compliance Officer (also known as the “Money Laundering Reporting Officer” or “MLRO”) for the following as it relates to the ANZ Designated Business Group:
• Maintaining the day-to-day AML/CTF Compliance Program;
• Managing compliance with all applicable legislative requirements, and rules and regulations pertaining to AML/CTF;
• Acting as the subject matter expert on AML/CTF matters, including advising internal stakeholder, maintaining appropriate policies and procedures, and overseeing the provision of appropriate AML/CTF-related training to employees as required;
• Maintaining effective controls to identify, manage or mitigate ML/TF risk;
• Providing status updates and validation to senior management and the board of directors regarding the quality of AML/CTF compliance, including preparing reports and presenting to appropriate boards, committees and working groups on AML/CTF related matters;
• Coordinating the investigation of unusual or suspicious activities and reporting to the applicable ANZ regulatory authorities where relevant;
• Managing large and complex cross-divisional projects with respect to AML/CTF related matters;
• Overseeing the relationship with AUSTRAC, the NZ Financial Markets Authority and other regulators relevant to AML/CTF; and
• Preparing the necessary reports and supporting documentation as required by section 47 of the AML/CTF Act (AU) and section 60 of the AML/CFT Act (NZ).
Basic Qualifications
SKILLS & EXPERIENCE WE’RE LOOKING FOR
• Minimum of 7 years’ experience in AML compliance or risk management, preferably in the banking and financial sector. Experience with a large, global financial institutions is ideal;
• Bachelors degree is required;
• Excellent written and verbal communication skills;
• Well organized with the ability to prioritize demanding workflows in a dynamic environment;
• Experience in MS Office Tools (Excel, Word, PowerPoint) and external databases (Worldcheck, Factiva); and
• Excellent interpersonal, communication and presentation skills, both written and verbal.
Preferred Qualifications
• Highly organized with excellent attention to detail;
• Demonstrated client service focus with the ability to build relationships across different levels, functions and regions;
• Results-oriented with the ability to balance multiple, time-sensitive projects while maintaining a longer term, strategic focus.
Goldman Sachs is an equal opportunity employer. © The Goldman Sachs Group, Inc., 2017. All rights reserved.