Asset & Wealth Management, Alternatives Private, KYC Operations, Analyst, Hong Kong

Asset & Wealth Management, Alternatives Private, KYC Operations, Analyst, Hong Kong location_on Hong Kong, Hong Kong ABOUT GOLDMAN SACHS At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals ABOUT OUR ROLES Operations is a dynamic, multi-faceted division that partners with all areas of the firm to deliver banking, sales and trading and asset management capabilities to clients around the world. Alongside this vital service delivery role, Operations provides essential risk management and control, preserving and enhancing the firm’s assets and its reputation. Operations span all product lines and markets, serving as internal business partners who develop the processes and controls, and help to specify the systems that deliver accuracy, timeliness and integrity to our business. The AWM Pvt Operations support the AWM Pvt Division, which is the firm’s long term principal investing group tasked with raising capital and investing in equity (corporate / growth), real estate, and credit. The AWM Pvt KYC Group sits within AWM Pvt Operations and manages the control framework and oversight of a broad spectrum of firm policies that impact the client on-boarding process. The team closely works with Policy & Quality Analytics, Legal, Financial Crime & Compliance teams for successful implementation of policy and control oversight to meet regulatory obligations. The team provides opportunity for an experienced, dynamic, and risk-aware individual to take part in shaping and ensuring compliance with the control framework related to a broad spectrum of firm policies, including but not limited to Know-Your-Client, Client Implementation and Enhanced Due Diligence. We also endeavor to provide an excellent client/partner experience while helping to educate our stakeholders on the nuances of requirements per region. Our AWM Pvt KYC Group is seeking a professional who will work with our clients and partner with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Quality Assurance). We support every deal team in the Alternatives Private division and work with the most senior members of the organization to facilitate an excellent client onboarding experience while mitigating risks associated with fulfilling the requirements associated with local regulations. We are the experts in Know Your Client (KYC) requirements and help manage communications with our clients/partners on obtaining the necessary documentation while treating the transactions with the upmost sensitivity JOB RESPONSIBILITIES Undertake customer due diligence checks to ensure adherence to the Firm’s Anti Money Laundering policies, procedures and regulatory framework (such as AML/KYC regulations, MAS, MiFID, FATCA, etc). Conduct PEP, sanction and adverse media screening and escalate any areas of concern to Legal and Compliance Perform quality assurance reviews on cases delivered by the team, where necessary, to ensure they are in line with internal policies and regulatory standards Work closely with key stakeholders (Business, Financial Crime & Compliance, Legal, Operations, Middle Office) in a fast paced environment to ensure a seamless front to back onboarding and assist with the establishment of new client relationships to facilitate deal investments Provide ongoing training and support to junior team members and partner with Compliance to deliver regular AML trainings to internal teams (Business, Operations) that are involved in the onboarding process Work closely with Compliance team to implement new regulations and lead the development of new policies and procedures to reflect changing regulatory requirements Lead strategic initiatives in order to improve the process efficiency and customer experience Assist Compliance team in dealing with regulatory enquiries relating to the firm’s AML policies and processes. Lead remediation projects to address AML/Financial Crime compliance findings identified by Internal Audit Report desk metrics, key risk indicators, risk control self-assessment and provide regular AML risk updates to senior stakeholders in Operations, Legal, Financial Crime Compliance and the MLRO Timely escalation of any questions or concerns around obtaining requirements in order to fulfill our regulatory obligations BASIC QUALIFICATIONS Knowledge of financial markets and products Knowledge of Know Your Customer (KYC) and relevant regulations Knowledge of corporate structures and the impact they have on the KYC/AML process Proven analytical skills, problem solving ability, and a control mentality paired with meticulous attention to detail Aptitude for building relationships and ability to communicate complex issues to a wide array of internal stakeholders at all levels of the organization as well as clients with differing levelsof product experience Self-motivated and proactive team player, who takes ownership and accountability of projects, has strong organizational skills as well as the ability to effectively manage competing priorities Ability to work independently and as part of a global team across time zones. Adaptability to a fast-paced environment and effective time management. PREFERRED QUALIFICATIONS Professional certification such as ACAMS is helpful. 2-3 years of AML/KYC experience in a regulated financial services or fund administration environment. Proficiency in Microsoft Excel, Word, and data management tools; financial software experience is a plus. Ability to manage increased workloads and work under pressure, especially at month-end. Effective verbal and written communication skills 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. Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law. Healthcare & Medical Insurance We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance. We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year. Financial Wellness & Retirement We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities. Health Services We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices. Fitness To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount). Child Care & Family Care We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available. Benefits at Goldman Sachs Read more about the full suite of class-leading benefits our firm has to offer. #J-18808-Ljbffr