The Bank Regulatory and Deposits Legal team seeks a lawyer to support the firm's deposit businesses. Bank Regulatory and Deposits Legal advises the firm globally from a U.S. bank regulatory perspective and provides legal, regulatory, reputational, and transactional support to our retail and institutional deposit businesses.
This lawyer will be involved in advising on all aspects of legal and regulatory matters related to U.S. deposits, including: reviewing product designs and providing strategic input; drafting disclosures and other customer documentation; coordinating with business and compliance colleagues on policies and procedures; reviewing service arrangements with key vendors; performing legal research; engaging external counsel; and providing general legal support to relevant functional areas. This lawyer will also work closely with other stakeholders in in the business to help the firm build digital deposits platforms. The position will be engaged with Legal, Compliance & Risk colleagues globally and is expected to build relationships within the firm and externally to support the growth of deposits businesses.
This position can be in New York, NY, Washington, DC, or Dallas, Texas.
Responsibilities
Advising deposit-taking businesses across the firm on the development of new products and services
Drafting and negotiating transaction documents for deposits products
Monitoring legal, regulatory, and market developments, including participating in advocacy on proposed rules and engaging with trade associations
Working with businesses and support functions to develop policies, procedures, and controls
Qualifications
JD currently admitted to practice law
3+ years of experience at a law firm, in-house at a financial institution, or a regulatory agency
Experience with deposits transactional work or deposits bank regulation preferred
Familiarity with payments rules, including NACHA and card network rules, preferred
Salary Range The expected base salary for this New York, New York, United States-based position is $170000-$270000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here .