Legal Division, Securities Financing Transaction Attorney, Associate/Vice President, Birmingham

Job title:

Legal Division, Securities Financing Transaction Attorney, Associate/Vice President, Birmingham

Company

Goldman Sachs

Job description

MORE ABOUT THIS JOB:THE LEGAL DIVISIONWe 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.OUR DIVISION CULTUREAs a division we are focused on our people and their development and are committed to creating an environment that is diverse and inclusive. We offer numerous training and career development opportunities including a weekly legal training programme, department mentoring schemes and a people development committee tasked with providing tangible tools to help manage and develop careers. The department also has a number of active and varied committees including the Diversity, Pro Bono, Charity and Social Committees and encourages participation in the Women’s, Black and LGBT firmwide affinity networks. RESPONSIBILITIES AND QUALIFICATIONS:BUSINESS UNIT AND ROLE OVERVIEWWe are looking for a qualified lawyer to join the securities financing legal team. Focusing on supporting our short term interest rate market making desk, firm funding and treasury execution desks as well as our agency lending and prime brokerage securities lending businesses.The securities financing legal team covers a full spectrum of products associated with securities lending and financing. In particular transactions in the form of repo, securities lending, total return swaps, margin lending, bond borrows and unsecured lending. The team advises on the structuring and execution of transactions, helps the firm navigate legal and regulatory change and advises on all aspects of legal and reputational risk.RESPONSIBILITIES

• Assisting with the negotiation and drafting of securities financing transactional documents, including coordination and management of external counsel
• Advising on structuring and documentation of securities financing transactions as well as related security interest arrangements
• Advising on synthetic securities financing transactions through derivatives
• Advising on negotiations of industry documentation for repurchase (GMRA) and stock lending (GMSLA)
• Obtaining and reviewing legal opinions on netting and collateral enforceability covering primarily European and Emerging Market jurisdictions
• Advising on tri-party custodial arrangements and documentation
• Monitoring and advising on UK and EU regulatory developments impacting the coverage business areas including in particular Central Securities Depositories Regulation (CSDR)

SKILLS, EXPERIENCE AND QUALIFICATIONS

• Strong educational background
• At least 2 years post qualification relevant experience in a comparable institution or in a well regarded law firm
• Familiarity with industry documentation for derivatives (ISDA), repurchase (GMRA) and/or stock lending (GMSLA) transactions desirable but not essential
• Excellent negotiation skills and communication skills, both oral and written
• Ability to prioritise work effectively and to respond to client demands in a timely manner
• Team player with the ability to be pro-active in a challenging business environment, whilst adhering to firm policies and group practices
• Personable and confident with ability to interact well directly with the business team and to take on responsibility for key business relationships as well as legal colleagues in other global offices

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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

Expected salary

Location

Birmingham

Job date

Sat, 20 Jul 2024 06:25:15 GMT

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