Compliance Division, Financial Crime Lawyer, Vice President, London

Employer
Goldman Sachs
Location
London, United Kingdom
Salary
Competitive
Posted
May 08, 2022
Closes
Jun 07, 2022
Ref
14281503
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
COMPLIANCE DIVISION
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.
THE OPPORTUNITY
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.
The Business Intelligence Group (BIG) in FCC covering Europe, the Middle East and Africa (EMEA), which is primarily based in London, is seeking an experienced financial crime lawyer 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
  • Advising on financial crime and UK Proceeds of Crime ("POCA") matters in relation to transactions conducted by a number of the firm's business lines, including lending, underwriting, and asset management (including principal equity investments).
  • Advising on how to address the firm's response to financial crime matters arising within the firm's portfolio companies.
  • Due diligence and intelligence gathering, risk identification and mitigation to support the assessment of financial crime and POCA-related risks in potential transactions, business relationships and other situations, covering issues such as bribery & corruption, source of wealth and money laundering.
  • Driving the diligence and intelligence gathering process to address financial crime-related issues identified, coordinating with in-house lawyers, external counsel, Compliance and business teams.
  • Providing legal advice to business teams and other internal stakeholders on financial crime-related risks and associated mitigants in a transactional context.
  • Coordinating with transactional in-house legal teams to ensure that there is appropriate contractual protection against the risks identified in relation to financial crime matters.
SKILLS AND EXPERIENCE
  • Ideally, the successful candidate will be a lawyer with 6 years plus PQE with experience of working at an international law firm and advising on financial crime and POCA-related issues in relation to transactions.
  • Technical understanding and knowledge of POCA, including as it relates to issues that arise on transactions.
  • Knowledge of laws, regulations, and government, regulatory and industry standards and guidelines related to anti-money laundering, anti-corruption.
  • International transactional experience is desirable.
  • Relevant experience in the financial sector, or in regulatory or compliance work.
  • 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.
  • 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.
  • 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.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Similar jobs

Similar jobs