Legal, GBM Prime Services & Securities Financing Transactions Attorney, Senior Legal Director/Managing Director
Goldman Sachs See More Job Openings by This Employer
Your Role:
You will be a member of Global Markets Legal at a bulge bracket investment bank. You will work with your colleagues to address a broad and diverse range of legal and regulatory questions and issues that arise in connection with Goldman’s Prime Services businesses and associated business functions in the U.S. In this role, you will be on the frontlines serving as a trusted advisor to the business and control-side colleagues and will have exposure to all aspects of a dynamic business. You will also play an important role in helping the firm navigate the evolving regulatory landscape and market structures.
Your Responsibilities:
- Provide legal and regulatory advice to key stakeholders in the Prime Services businesses pertaining to prime brokerage, margin lending, securities lending, repurchase transactions, and other forms of securities financing transactions.
- Serve as primary legal advisor in connection with development of new businesses, services and products and partner with key stakeholders to help understand and manage the potential legal and regulatory risks
- Assist in advocacy on a broad range of regulatory rulemaking from various oversight agencies including the Securities and Exchange Commission, Financial Industry Regulatory Authority (“FINRA”). Also assist in advocacy in connection with legislative rulemaking and policies.
- Collaborate with other control-side teams, including compliance, risk management, controllers, operations and engineering to address relevant legal and regulatory requirements and developing policies and best practices.
- Assist legal and compliance teams in managing litigation and regulatory matters, internal and external audits and examinations.
Qualifications and Attributes:
- Strong sense of ownership and responsibility; thoughtful and detail-oriented
- Self-starter; capable of building and leveraging an internal network of resources and support
- Strong legal and business judgment, communication, writing and analytical skills
- 10+ years of relevant experience working with or at a financial institution, including relevant experience at a law firm, is preferred
- Knowledge of the U.S. margin regulation, secured creditor laws, and customer protection statutes, such as Regulation T, Regulation U and Regulation X, Rule 15c3-3, Rule 8c-1, UCC Articles 8 and 9, as well as the Bankruptcy Code safe harbors
- J.D. or comparable law degree from a competitive law school and licensed to practice law in at least one state
Salary Range
The expected base salary for this New York, New York, United States-based position is $300000-$400000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
- $300,000 - $400,000
