At a Glance
- Tasks: Lead legal support for investment management and advisory arrangements, managing complex transactions.
- Company: Goldman Sachs, a global leader in investment banking and asset management.
- Benefits: Diverse opportunities for growth, wellness programs, and a commitment to inclusion.
- Other info: Collaborative environment with a focus on professional development and innovation.
- Why this job: Join a dynamic team at the intersection of finance and law, making impactful decisions.
- Qualifications: 4+ years of experience in asset management or finance-focused legal practice.
The predicted salary is between 120000 - 150000 £ 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.
The EMEA Separate Accounts Legal team forms part of Asset Management Public Legal and provides support to GSAM’s EMEA institutional and separate account business. The business provides investment services to GSAM’s largest EMEA clients (including pension funds, insurance companies, wealth managers and sovereign wealth funds) across all asset classes, including Multi-Asset and Alternatives. We are looking for a lawyer, to be based in London, capable of advising on complex investment management and advisory arrangements, negotiating client documentation, managing legal risk and partnering closely with investment, client coverage, compliance and product teams. Lawyers in the team act as lead counsel on high-value institutional mandates and bespoke client solutions, including GSAM’s Outsourced CIO and fiduciary management businesses.
Key Responsibilities
- Lead legal engagement for investment management and advisory arrangements from RFP stage to completion.
- Advise on strategic client projects and product initiatives.
- Draft, review and negotiate bespoke contractual provisions relating to investment contracts, reporting, liability, delegation, outsourcing and governance matters.
- Maintain and enhance legal templates and negotiation playbooks.
- Provide legal and regulatory advice on UK and EU asset management regulations.
- Analyse local market requirements and allocation of regulatory responsibilities among clients, managers, delegates and service providers.
- Support interpretation of contractual obligations and legal risk arising from operational events, client issues and regulatory developments.
- Manage multiple complex matters simultaneously across jurisdictions.
- Coordinate with teams across the firm to deliver legal support for transactions and other strategic business initiatives.
- Support process improvement and technology initiatives designed to improve efficiency, including the creation of bespoke AI review and drafting tools.
- Supervise and coordinate work performed by external counsel.
- Identify and assess legal, regulatory and reputational risks associated with investment management activities.
- Escalate material legal issues appropriately and provide recommended mitigation strategies.
- Engage with internal stakeholders on evolving regulatory requirements affecting UK and EU asset managers.
Required Qualifications and Experience
- At least 4 years’ post-qualification experience. Private practice training and experience in asset management, investment funds or another finance-focused practice area is preferred.
- Familiarity with UK and EU legal and regulatory framework governing financial institutions.
- Strong drafting, analytical and stakeholder-management skills.
- Ability to operate independently while managing a substantial and varied workload.
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.
Legal, Asset Management – Separate Accounts, Executive Director, London employer: Goldman Sachs
Goldman Sachs is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on diversity and inclusion, and the chance to work with some of the brightest minds in finance. With a commitment to client success and a culture that fosters growth, joining Goldman Sachs means being part of a prestigious firm that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Legal, Asset Management – Separate Accounts, Executive Director, London
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Goldman Sachs, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal, Asset Management – Separate Accounts, Executive Director, London
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Goldman Sachs, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Goldman Sachs and the specific role of Legal, Asset Management – Separate Accounts, Executive Director, London. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Goldman Sachs’s culture!
How to prepare for a job interview at Goldman Sachs
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Goldman Sachs.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Goldman Sachs.
