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

About the Role

As part of TxB’s global first line of defense risk team, you will support 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 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 judgment, challenge constructively, and advise on nuanced financial crime risk considerations in a commercial banking context. We seek an intellectually ambitious individual with excellent communication skills, who takes initiative and ownership, enjoys collaboration in a dynamic environment, and excels at producing high-quality, timely deliverables.

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
• 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

Requirements

• Bachelor’s Degree plus 2+ years of professional experience in applying financial crime risk judgment 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
• Strong presentation (written and verbal), organizational, and interpersonal skills
• 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 the Company

Goldman Sachs aims to build a modern, 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. We 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 local or global—so moving money across borders feels as effortless as paying across the street.