Legal, Transaction Banking, Vice President, New York City/Dallas

LEGAL

We work at the intersection of finance and law, providing counsel and advice that support activities across the firm. We handle litigation and arbitration, perform research and due diligence, aid in financing and legal filings, deal with contracts and intellectual property rights that show our commitment to clients, shareholders, and regulators. Whether you’re an experienced attorney or a quick learner with a strong interest in financial law coupled with critical thinking skills, our dynamic group might be right for you.

The Transaction Banking Legal team is seeking an experienced attorney to provide legal support to Goldman Sachs’ new and globally-expanding Transaction Banking business. Transaction Banking is reimagining treasury leveraging modern technology and a cloud-native, API-first platform to deliver digital payments, FX, and liquidity solutions to corporates and financial institutions. Primary responsibilities will include advising on legal issues in connection with development and expansion of TxB products and services, advice on strategy and business decisions, conduct review on customer facing material, provide guidance on new and existing regulations, and drafting/negotiating/executing client agreements.

This attorney must be experienced in contract negotiation and comfortable engaging with a broad range of internal and external stakeholders. Experience with financial services, product development, payments or cash management products would be a plus.

Responsibilities:

• •Responsible for the review and negotiation of client contracts, as well as updating and maintaining TxB contract templates and negotiation playbooks;
• •Advise on the development and expansion of TxB products and services, including the impact of new and existing regulations, while helping to advise on legal risks related to operational flows such as client on-boarding processes;
• •Provide support for client service/operations, business governance, and customer communications
• •Review customer facing materials, including guides, forms and marketing materials
• •Timely identify, escalate and communicate issues to senior members of the business and legal department
• •Coordinate and collaborate with a diverse set of stakeholders to identify and help mitigate legal, regulatory and reputational risks
• •Instruct/work with/manage external counsel

Qualifications:

• •3-7 years of experience at a leading law firm or equivalent experience at a large financial institution.
• •J.D. required; active member of the New York or Texas State Bar in good standing.
• •Excellent communications skills
• •Team player with inherent commercial judgment and strong analytical skills.
• •Highly motivated and adaptable, including detail-oriented, organizational skills and the ability to manage several simultaneous projects under tight deadlines.
• •Ability to engage proactively as an advisor to the business and collaboratively work with other control areas, including willingness to work in new areas outside of their comfort zone.
• •Self-starter, strong work ethic and personal accountability.

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., 2023. All rights reserved.

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.

Salary Range

The expected base salary for this New York, NY, United States-based position is $185000-$295000. 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 .