Tax, Asset Management Tax Planning & Advisory Attorney, Vice President, New York City

Global Tax Overview

We're a team of specialists charged with managing the firm’s worldwide taxes. We are responsible for tax compliance, financial reporting of taxes, tax planning, business advisory and management of taxing authority examinations. Our work contributes directly to the firm’s success, and the division is ideal for creative and collaborative individuals who have strong ethics and attention to detail.

Tax Planning & Advisory Overview

We advise the firm's businesses on the tax implications of transactions and of new products in development for the firm and its Clients; tax planning for the firm; legal interpretations and support for implementation of new broad-based tax and regulatory rules; and support for tax compliance work for the firm's businesses.

Role Overview

Goldman Sachs is seeking a tax professional, based in New York, to support tax coverage for the firm’s Asset and Wealth Management division, principally covering its External Investing Group (XIG), including its investments in and advisory activities relating to third-party asset managers and other alternative investment platforms. The role will partner with business, legal, investment, and operations teams on fund structuring, investor negotiations, fund and investor tax reporting, transaction diligence, and tax risk management across a range of private markets activities.

Key Responsibilities

Manage tax-related inquiries from the firm’s XIG businesses across established and emerging markets.

Support the tax structuring of Goldman Sachs-managed fund vehicles, including fund of funds and other vehicles investing across alternative asset classes, including private credit, venture capital, and private equity, and work with business teams to review the tax aspects of fund formation.

Assist with tax aspects of negotiations with institutional investors, sovereign wealth funds, and high-net-worth individuals, including the review of side letters, offering documents, and related fund documentation.

Support tax due diligence for the firm’s fund of funds business, including evaluating the tax efficiency and risks of investments in third-party managers and helping to identify structures to mitigate adverse tax consequences for investors with particular tax profiles.

Support fund and investor tax reporting for the firm’s XIG fund vehicles, including coordination with fund administrators, accounting firms, and operations teams to ensure timely and accurate reporting.

Provide tax structuring support to business, legal, and investment teams on direct investment opportunities, co-investments, and platform acquisitions, including investments generating renewable energy tax credits and other general business credits.

Assist in analyzing tax-efficient exit strategies for portfolio investments, divestitures, and internal restructurings of fund-owned entities.

Coordinate and communicate effectively with outside tax counsel, accounting firms, and internal stakeholders to support appropriate tax planning, risk controls, and compliance.

Contribute to cross-functional team projects to improve fund operational processes and procedures that include tax touchpoints.

Help manage tax risk through ongoing awareness of the tax regulatory environment and the firm’s adherence to its tax compliance obligations.

Stay updated on global tax trends and proposed and actual changes in law and regulation to support compliance and inform planning.

This is an excellent opportunity to join a highly visible and growing global organization operating in a dynamic environment. Consequently, this role requires an energetic, enthusiastic, and driven professional.

Qualifications and Experience

Education: Juris Doctor (JD)

Experience: 5+ years of relevant tax experience, preferably at a nationally recognized law or accounting firm or a peer global financial institution or alternatives asset manager.

• Expertise:
• o Strong tax technical skills in partnership taxation, fund structuring, and M&A structuring; exposure to UBTI, ECI, and related considerations for tax-exempt and non-U.S. investors is a plus.
• o Familiarity with fund and investor tax reporting.
• o Excellent written and verbal communication skills, with strong attention to detail and the ability to communicate tax issues clearly.
• o Ability to balance technical tax requirements with commercial objectives and provide practical, business-oriented advice, with guidance on more complex situations.

Collaboration: Ability to work collaboratively as part of a team and liaise effectively with business stakeholders; self-motivated team player.

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.