Legal, Asset Management - Separate Accounts, Executive Director, London London United Kingdom ...

Posted 15 hours 36 minutes ago by Goldman Sachs Bank AG

Permanent
Full Time
Executive Jobs
London, United Kingdom
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.

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.

YOUR IMPACT

Key Responsibilities

Transactional and Documentation Support

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.

Regulatory and Legal Advisory

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.

Project Management and Strategic Initiatives

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.
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

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.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees' priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.