MORE ABOUT THIS JOB
GLOBAL MARKETS
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our TDG professionals the flexibility and support they need to reach their goals in and outside the office.
YOUR IMPACT
Our team is seeking documentation professionals who will have the opportunity to negotiate a broad variety of trading documentation including: GMRA, GMSLA, CDEA, ISDA, MRA, MSFTAs suite of documentation and Master Confirmation Agreements for all Equity Derivative products.
The candidate will ideally have experience with one or more of the above documents and/or experience collaborating with internal and external stakeholders. The role will include collaborating with internal stakeholders and negotiating with external clients to drive documentation to completion/execution. The candidate will be expected to partner with other teams to build scale and increase revenue opportunities through a range of technical daily responsibilities and strategic projects.
OUR IMPACT
The team is responsible for providing outstanding service by engaging with clients, understanding their trading activity/strategy. We handle all aspects of the relevant trading documentation negotiation and are therefore an essential component in the creation and maintenance of a trading relationship with a given client.
Useful additional languages: French, German, Dutch, Danish, Mandarin, Russian, Italian, Spanish and Portuguese, written and spoken.
Principal Responsibilities:
* Responsible for drafting, reviewing and negotiating the following documents:
* Repurchase and stock lending documentation such as 2000/2011 GMRA, 2000/2010 GMSLA, 1996 MRA, 2012 MSFTA and related ancillary documents
* ISDA and Derivative Master Agreements and related ancillary documents
* Master Confirmation Agreements for all Equity Derivative products
* Review of legal opinions on netting and collateral enforceability including liaising with external counsel
* Follow-up work, both internally and with counterparts to gather comments, information, review and ultimately complete agreements and prepare them for execution
* Organization of execution of completed agreements and dispatch for counterparts' signature
* Follow-up work to ensure return of signed documents and completion and closing of files
* Responding to queries on the master documentation from various departments including the front office
* Ongoing opportunity to challenge existing controls/processes and leverage your experience to identify risks and improve the effectiveness of the team
* Develop and nurture relationships across the firm to build consensus and execute on initiatives
* Entrepreneurial, innovative and analytical approach to providing client solutions
Preferred Experience and Skills:
* Bachelors degree or equivalent with a minimum of two years of experience in an Operations or Legal/Trading Documentation role (including within a Credit, Risk or Treasury function) or paralegal experience within a law firm
* Knowledge of various legal entities including funds, insurance companies and pensions
* Proven excellent organizational and prioritization 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 multi-tasking 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
* Strong commercial acumen with a keen interest in derivative, repo, securities lending markets and products
* Ability to interact with and influence business stakeholders and clients in order to negotiate, build consensus, control risks and improve operational efficiency
* Proficient in IT and able to adapt to various databases/systems
New York, New York
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.
The Institutional Client Services segment is involved in client execution activities related to making markets in cash and derivative instruments for interest rate products, credit products, mortgages, currencies, commodities, and equities; and provision of securities services comprising financing, securities lending, and other brokerage services, as well as the marketing and clearing of client transactions on various stock, options, and futures exchanges.
The Investing & Lending segment invests in and originates longer-term loans; and makes investments in debt securities and loans, public and private equity securities, and infrastructure and real estate entities, as well as provides unsecured and secured loans through its digital platforms. The Investment Management segment offers investment management services; and wealth advisory services consisting of portfolio management, financial planning and counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.