Legal, Global Banking and Markets, Securities Financing Transactions Lawyer, Vice President, London

Legal, Global Banking and Markets, Securities Financing Transactions Lawyer, Vice President, London

Legal, Global Banking and Markets, Securities Financing Transactions Lawyer, Vice President, London

Job Description
OUR IMPACT
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.
YOUR IMPACT
We are looking for a qualified lawyer to join our Securities Financing Transactions (\”SFT\”) Legal team, which is part of the Global Banking & Markets (Public) Legal team. The role will be based in London and will involve providing both transactional and advisory support for the short term interest rate market making and treasury execution desks as well as our agency lending and prime brokerage securities lending businesses.
The SFT Legal team covers a full spectrum of products associated with securities lending and financing, in particular transactions in the form of repo, securities lending, derivatives as well as unsecured lending. The SFT Legal 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.
The SFT Legal team work with a broad range of stakeholders, including the Prime Services business, multiple trading and structuring desks, Compliance, Operations, Credit and Risk.
The role sits within a broader Prime Services & SFT Legal team of nine permanent members, split between London and Birmingham.
RESPONSIBILITIES

• Advising on structuring and documentation of repo and securities lending as well as related security arrangements.
• Advising on structuring and documentation of capital and credit reducing structures such as third party guarantees and master netting arrangements.
• Advising on structuring and documentation of synthetic financing transactions through derivatives under an ISDA master agreement.
• Assisting with the negotiation and drafting of transactional documents, including coordination with, and management of external counsel.
• Advising on GMRA and GMSLA negotiations led by a separate negotiation team.
• Obtaining and reviewing netting and collateral enforceability opinions covering primarily European and Emerging Market jurisdictions.
• Representing Goldman Sachs and participating in ICMA/ISLA industry associations in relation to developments in the cash/securities lending market.
• Advising on the implementation of and ongoing compliance with key relevant UK and EU regulations or associated obligations.

SKILLS, EXPERIENCE AND QUALIFICATIONS

• Strong educational background.
• Qualification as a lawyer, preferably in the EU or the UK (or similar).
• At least four years post qualification relevant experience in a law firm or in-house in a comparable institution.
• Familiarity with industry documentation for derivatives (ISDA), repo (GMRA) and stock lending (GMSLA) transactions preferred.
• Ability to apply legal concepts to complex trading scenarios and explain them in an accessible way.
• Excellent negotiation skills and communication skills, both oral and written.
• Personable and confident with ability to interact well directly with the business teams.
• Team oriented, with the ability to work within a collegiate environment with multiple stakeholders across different locations.
• Ability to prioritise work effectively, be pro-active in a challenging business environment and to respond to client demands in a timely manner.

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: 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.

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