Asset & Wealth Management- Wealth Management Audit Response, Vice President, New York New York [...]

Company: Goldman Sachs Bank AG
Location: New York
Posted on: May 9, 2025

Job Description:

YOUR IMPACTWe 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 IMPACTWealth 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 make business flow.The Audit Response team facilitates internal and external exams focused on client data, client onboarding, and client identification program. The team also provides guidance on assessing whether client onboarding and client identification program controls are sufficient and functioning as intended, whether operating procedures are consistent and efficient, and whether activities comply with regulatory requirements, industry standards, and internal policies.Responsibilities:

• Serve as the sole global accountable owner for all client onboarding and client identification program audit and exam responses (external and internal).
• Develop and implement communication strategies with external regulators.
• Maintain expertise on regulatory requirements, industry standards, and internal policies related to client onboarding and client identification processes.
• Manage relationships with Internal Audit and Compliance groups for regulatory engagements.
• Stay updated on Regulatory and Financial Crime Compliance policy changes and incorporate process and procedural updates into the KYC review process.
• Train Operations team members on regulatory requirements, industry standards, and internal policies, including coaching junior staff and providing ongoing guidance.
• Coordinate with Goldman Sachs divisions to understand audit findings applicable to Wealth Management.
• Lead an Audit Remediation specialist team to:

• Guide accurate and complete responses for internal and regulatory audits.
• Draft and review responses for audits and inquiries.
• Coordinate subject matter expert reviews of responses.
• Prepare materials for leadership forums and postings.
• Recommend process improvements based on regulatory and internal standards.Requirements:
  • Over 10 years of relevant experience in client data compliance (e.g., AML/KYC/CDD).
  • Ability to manage relationships with senior leadership, Internal Audit, and Regulators.
  • Strong analytical, problem-solving, decision-making skills, with attention to detail and a risk-focused mindset.
  • Excellent stakeholder engagement skills, capable of managing internal and external stakeholders effectively.
  • Comprehensive understanding of the client lifecycle and various account structures.
  • Deep knowledge of end-to-end KYC/CDD policies, procedures, and terminology.
  • Discretion when handling confidential information.
  • Ability to multi-task and prioritize effectively.
  • Team player with adaptability to change.
  • Excellent written and oral interpersonal skills.
  • Meticulous work ethic, capable of working under pressure and tight deadlines.
  • Proficiency in MS Office Suite (Word, Excel, etc.).Salary RangeThe expected base salary for this New York, NY position is $100,000 to $235,000, with potential eligibility for a discretionary bonus based on performance and company policies.BenefitsGoldman Sachs offers a comprehensive benefits package, including healthcare, wellness programs, retirement plans, paid time off, financial wellness resources, and family care support. Details can be found on our benefits page.
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Keywords: Goldman Sachs Bank AG, Waterbury , Asset & Wealth Management- Wealth Management Audit Response, Vice President, New York New York [...], Executive , New York, Connecticut