Transaction Banking, 1st Line Financial Crime Risk, Analyst/Associate

TRANSACTION BANKING (TxBTM)

We aim to build a modern and digital first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to deliver a best‑in‑class digital banking experience that empowers clients with a clear, connected view of their business. We make payments simple, secure, and seamless - whether they’re local or global - so moving money across borders feels just as effortless as paying across the street.

THE ROLE & TEAM

As part of TxB’s global first line of defense risk team, you will be involved in supporting TxB’s comprehensive risk management program with a focus on financial crime and other compliance related risks.

In this role, you will work closely with senior members of the TxB 1LoD financial crime risk team to provide advisory support on client selection, risk assessment and governance matters. The role involves assessing complex client financial crime risk profiles, including through targeted due diligence of clients’ financial crime compliance control frameworks, and translating findings into clear risk-based recommendations for business and governance stakeholders. This is not a routine EDD/KYC processing role; it requires the ability to apply judgement, challenge constructively, and advise on nuanced financial crime risk considerations in a commercial banking context.

We are looking for an intellectually ambitious individual with excellent communication skills, who takes initiative and ownership of their work, enjoys working collaboratively in a dynamic and constantly evolving environment, and excels at producing high quality and timely deliverables with agency. If that’s you, we would like to hear from you!

RESPONSIBILITIES

Provide financial crime risk advisory input on prospective and existing clients

Assess complex client financial crime risk profiles, including the design and effectiveness of clients’ financial crime compliance controls, where relevant

Conduct targeted due diligence on clients with elevated or complex financial crime risk profiles (e.g. correspondent banking relationships), using findings to develop clear risk-based recommendations rather than producing routine EDD outputs

Perform, evaluate and assess adverse media searches on TxB clients

Draft high-quality due diligence and risk assessment memos that synthesize client information, control observations, stakeholder feedback and recommended risk positions for internal review and approval

Maintain knowledge of regulatory/compliance expectations, industry trends and emerging threats/risks

Engage with business, Legal, Compliance and other stakeholders to evaluate escalations, address open questions and support risk based outcomes

Execute transactional activity reviews against client expected activity

Update and maintain documentation for team processes and best practices

Establish trusted partnerships with peers, functional leads, and executive-level stakeholders across lines of defense

BASIC QUALIFICATIONS

Bachelor’s Degree plus 2+ years of professional experience in applying financial crime risk judgement in an advisory, governance, client risk or compliance role, including the ability to assess complex fact patterns and communicate clear recommendations

Ability to create professional presentations and communications in written and visual formats such as detailed reports including data analysis and visualizations, policies/procedures, process flows, governance documents, committee minutes, and presentations using PowerPoint

Ability to be creative, collaborate widely and deliver on key risk objectives in a timely and self-directed manner

Strong presentation (written and verbal), organizational and interpersonal skills

Must be comfortable and adaptable in a dynamic and multi-faceted work environment

Ability to balance both objective and subjective viewpoints when assessing complex risks

Strong prioritization skills and ability to manage several projects/tasks simultaneously

Team oriented, energetic, self-directed, and self-motivated

Professional fluency in the English language

PREFERRED QUALIFICATIONS

3+ years of experience in risk management, including prior experience in a financial crime advisory, client risk advisory, regulatory advisory or second-line/first-line risk advisory role

J.D. or master’s degree in a related field

Experience drafting financial crime risk assessments, advisory memoranda, governance papers or client risk recommendations for senior stakeholder review

Prior Transaction Banking/Commercial Banking experience

Experience in payments/with payment rails

Experience conducting due diligence of correspondent banking relationships

Client-facing experience in a similar role

LOCATION: Dallas, TX

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. 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. : https:// www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2025. All rights reserved.

We Offer Best-In-Class Benefits

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.

Holiday & Vacation Policies

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 about the full suite of class-leading benefits our firm has to offer.

Opportunity Overview

CORPORATE TITLEAssociate

OFFICE LOCATION(S)Dallas

DIVISIONGlobal Banking & Markets