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    Legal, Bank Regulatory, Payments - New York, NY, United States - Goldman Sachs

    Goldman Sachs
    Goldman Sachs New York, NY, United States

    3 weeks ago

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    Description
    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

    ROLE OVERVIEW

    The Bank Regulatory and Deposits Legal team seeks a lawyer to support the firm's deposit businesses
    Bank Regulatory and Deposits Legal advises the firm globally from a U.S
    bank regulatory perspective and provides legal, regulatory, reputational, and transactional support to our retail and institutional deposit businesses

    This lawyer will be involved in advising on all aspects of legal and regulatory matters related to U.S
    deposits, including: reviewing product designs and providing strategic input; drafting disclosures and other customer documentation; coordinating with business and compliance colleagues on policies and procedures; reviewing service arrangements with key vendors; performing legal research; engaging external counsel; and providing general legal support to relevant functional areas
    This lawyer will also work closely with other stakeholders in in the business to help the firm build digital deposits platforms
    The position will be engaged with Legal, Compliance & Risk colleagues globally and is expected to build relationships within the firm and externally to support the growth of deposits businesses

    This position can be in New York, NY, Washington, DC, or Dallas, Texas

    RESPONSIBILITIES
    • Advising deposit-taking businesses across the firm on the development of new products and services
    • Drafting and negotiating transaction documents for deposits products
    • Monitoring legal, regulatory, and market developments, including participating in advocacy on proposed rules and engaging with trade associations
    • Working with businesses and support functions to develop policies, procedures, and controls
    QUALIFICATIONS
    • JD currently admitted to practice law
    • 3+ years of experience at a law firm, in-house at a financial institution, or a regulatory agency
    • Experience with deposits transactional work or deposits bank regulation preferred
    • Familiarity with payments rules, including NACHA and card network rules, preferred
    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

    We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process
    Learn more:

    The Goldman Sachs Group, Inc., 2023
    All rights reserved

    Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

    Salary Range
    The expected base salary for this New York, New York, United States-based position is $170000-$270000
    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
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