European Shareholder Services (Client Operations)
The purpose of the European Shareholder Services team is to provide world class client service to investors in the Goldman Sachs Asset Management (’GSAM’) Offshore Funds, and to assist the GSAM Sales force in their global funds distribution effort. Within European Shareholder Services, the dedicated AML/KYC specialists within the Client Onboarding team support clients investing in GSAM Offshore funds from the decision to invest through to funding, ensuring a smooth and seamless onboarding process.
Working in the AML/KYC specialist role within the ESS Client Onboarding team, the individual will specialize in the review of both regulatory (in relation to AML/KYC) and non-regulatory documentation to ensure compliance with firm requirements to enable the approval of new client relationships. The individual will work directly with our internal partners from Sales, Compliance, and Legal in a fast-paced environment with precision and accuracy. The ability to prioritize, meet deadlines, and communicate to all levels of the organization is critical. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory landscape.
Principal Responsibilities
* Develop expertise in the Firm’s Anti Money Laundering/Customer Identification Program due diligence policies and partner with the sales organization, client onboarding counterparts, Financial Crime Compliance, and other control-side teams to ensure a seamless client onboarding from start to finish
* Capture, analyze, and document evidence by processing and approving AML/KYC cases, in order to demonstrate that due diligence is performed on new clients/investors to comply with jurisdictional AML/KYC regulations
* Demonstrate strong analytical and problem solving skills with meticulous attention to detail, and the ability to communicate complex items to a wide array of internal counterparties
* Facilitate a smooth client onboarding experience by efficiently processing AML/KYC cases and collaborating with Client Onboarding and Financial Crime Compliance teams to conduct due diligence reviews on a wide range of client legal entity types
* Utilize internal and external sources and partner with other stakeholders (as necessary) to research and investigate cases
* Participate in certain strategic initiatives/projects relating to the AML program strategy for the division and firm; developing and proposing recommendations to address identified issues/risks as well as areas and processes requiring optimization and improvement
* Support ongoing optimization to the effectiveness of KYC monitoring systems, scenarios, rules and tools
* In the context of selected project work: Define and track project milestones while developing, maintaining, and reporting on an overall integrated delivery plan; working with cross-divisional partners, including Compliance, Technology, Operations and business personnel through all aspects of strategic and tactical builds of critical program elements
* Provide feedback on KYC control effectiveness and partner with management to design enhancements and/or new approaches
Basic Qualifications :
* The role requires a degree (Bachelors/Masters) in a related field
* Preferably at least 6 years working experience in an analytical role in an asset management or onboarding unit, with a focus on KYC/CIP
* Proficiency in Excel (pivot tables, VLookups) and PowerPoint
* Knowledge of Data Quality and Data Analysis methodologies
* Ability to communicate AML/KYC requirements to salespeople, relationship managers, clients, and other cross functional partners
* Excellent written and verbal communication skills
* Willingness to adapt in a fast-paced work environment; strong sense of urgency
* Strong work ethic
Preferred Qualifications:
* People management experience or experience leading a small team
* Understanding of KYC risks for an asset management business
* Awareness and experience working with AML trends and typologies
* Experience building and enhancing existing processes


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