At a Glance
- Tasks: Join our dynamic team to draft, review, and negotiate prime brokerage trading documentation.
- Company: Goldman Sachs is a leading global investment banking and securities firm with a commitment to diversity.
- Benefits: Enjoy training opportunities, wellness programs, and a supportive, inclusive work environment.
- Why this job: Be part of a culture that values your development and offers real impact in financial law.
- Qualifications: A strong educational background with at least 2 years' experience in trading documentation is required.
- Other info: Flexible learning opportunities and a chance to influence business stakeholders await you.
The predicted salary is between 43200 - 72000 £ per year.
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.
As 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, divisional mentoring schemes and a people development committee tasked with providing tangible tools to help manage and develop careers. The division 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.
We are looking for a qualified lawyer or suitably experienced documentation professional to join the Prime Services and Securities Financing Transactions Legal team, which is part of the Global Markets Legal team. Specific responsibilities include the following:
- Responsible for drafting, reviewing and negotiating prime brokerage trading documentation, including coordination and management of external counsel.
- Follow-up work, both internally and with external counterparts to gather comments, information, review and complete agreements and prepare them for execution.
- Organisation of execution of completed agreements and completion of files.
- Working closely with the Prime business and responding to queries on the documentation from various departments, in particular front office and onboarding teams.
- Ongoing opportunity to challenge existing controls/processes, identify risks and improve the effectiveness of the team.
- Develop and nurture relationships across the firm to build consensus and execute on initiatives.
- Monitoring and advising on UK and EU regulatory developments impacting the prime brokerage business, including handling regulatory driven documentation updates.
Strong educational background. Bachelor’s degree or equivalent with at least 2 years’ experience in a trading documentation role; or equivalent post-qualification experience in a comparable institution or in a well-regarded law firm. Prime brokerage negotiation experience or comparable experience of negotiating ISDA, futures, securities lending or repurchase industry documentation not required but desirable. Understanding of contract law and solid drafting skills. Proven excellent organizational and prioritisation skills and attention to detail, especially under pressure. Proven ability to negotiate and review detailed legal documents with an eye for detail and accuracy, particularly around documentation terms. Ability to ensure consistency across documentation and know when to escalate issues. Self-motivated, results-driven and proactive team player who takes ownership and accountability for their work, can help collaborate and provide directive when issues arise in the team and is capable of multitasking in a fast-paced environment. Good interpersonal and communications skills. Enthusiasm and interest in development of documentation skills and using such skills for the completion of negotiation process. Flexibility and willingness to learn new skills and develop full job ownership. Ability to interact with and influence business stakeholders and clients in order to negotiate, build consensus, control risks and improve operational efficiency.
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.
Business Unit Legal employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Unit Legal
✨Tip Number 1
Familiarise yourself with the specific legal frameworks and regulations that govern prime brokerage and securities financing. Understanding UK and EU regulatory developments will not only enhance your knowledge but also demonstrate your commitment to the role during discussions.
✨Tip Number 2
Network with professionals in the finance and legal sectors, particularly those who have experience in prime brokerage negotiations. Engaging with industry experts can provide valuable insights and potentially lead to referrals or recommendations.
✨Tip Number 3
Showcase your organisational and prioritisation skills by discussing past experiences where you successfully managed multiple projects under pressure. This will highlight your ability to thrive in a fast-paced environment, which is crucial for this role.
✨Tip Number 4
Demonstrate your enthusiasm for continuous learning by mentioning any relevant training or courses you've undertaken related to contract law or negotiation skills. This shows that you're proactive about developing your expertise in the field.
We think you need these skills to ace Business Unit Legal
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in legal roles, particularly in trading documentation or prime brokerage. Emphasise your educational background and any specific skills that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your interest in financial law and how your skills can contribute to the Prime Services and Securities Financing Legal team.
Highlight Relevant Experience: In your application, focus on any previous roles where you negotiated legal documents or worked in a fast-paced environment. Use specific examples to demonstrate your organisational skills and attention to detail.
Showcase Soft Skills: Don’t forget to mention your interpersonal and communication skills. The role requires collaboration with various departments, so highlight experiences where you successfully built relationships or influenced stakeholders.
How to prepare for a job interview at Goldman Sachs Bank AG
✨Understand the Role
Make sure you have a solid grasp of the responsibilities outlined in the job description. Familiarise yourself with prime brokerage trading documentation and the specific legal frameworks that govern it, as this will show your genuine interest and preparedness.
✨Showcase Your Negotiation Skills
Be ready to discuss your previous experiences in negotiating legal documents. Prepare examples that highlight your attention to detail and ability to manage complex negotiations, as these are crucial for the role.
✨Demonstrate Team Collaboration
Since the role involves working closely with various departments, be prepared to share instances where you've successfully collaborated with others. Highlight your interpersonal skills and how you’ve built consensus in past roles.
✨Stay Updated on Regulatory Changes
Research recent UK and EU regulatory developments that could impact the prime brokerage business. Being knowledgeable about current events will demonstrate your proactive approach and commitment to the field.