Derivatives Clearing Lawyer, Sales & Trading Legal Team recruitment

WHO WE ARE

The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres around the world.

Founded in 1869, Goldman Sachs has long sustained a commitment to hiring and training outstanding leaders. Our business principles are rooted in integrity, a commitment to excellence, innovation and teamwork. These values enable us to execute successfully a business strategy that is focused on extraordinary client service and superior long-term financial performance for our shareholders.

We conduct our business in increasingly complex markets. Our people must continually find new ways to provide access to capital, manage risk and provide investment opportunities for our clients to enable them to realise their goals. We judge ourselves on our ability to help clients anticipate and respond to changing market conditions and to create opportunities that merit the trust they place in us. 

BUSINESS UNIT AND ROLE OVERVIEW

Goldman Sachs is seeking a lawyer to join its Sales Trading Legal Group in London. The primary focus will be on derivatives clearing and in keeping with Goldman Sachs’ flexible business strategy will encompass a broad range of products, including equity, FX, rates and credit. The successful candidate will be based in London. The role is based within the Legal Department.

RESPONSIBILITIES

• Advising on new clearing house initiatives for both inter-dealer and client clearing.

• Advising on a variety of risk management and cross-border legal issues.

• Assisting with the negotiation and drafting of documentation for client clearing, including coordination with external counsel.

SKILLS / EXPERIENCE / QUALIFICATIONS

• 2-4 years post qualification legal experience in a leading law firm or financial institution preferred. 

• Knowledge of clearing structures and current global regulatory initiatives preferred.

• Derivatives market experience and familiarity with ISDA and other derivative documentation preferred.

• Team oriented with the ability to respond and be flexible to client demands, whilst adhering to firm policies and group practices.

• Ability to work with colleagues in the US, Asia, the Middle East and mainland Europe. 

COMPETENCIES

• Functional Expertise  - Keeps up-to-date with emerging business, economic, and market trends

• Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills

• Drive and Motivation - Successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks

• Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients, helps the client to identify/define needs and manages client/business expectations

• Teamwork – Gives evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions 

• Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others

• Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives.  Sees the big picture and effectively analyses complex issues

 Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value

• Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions.  Takes a position on issues and influences others' opinions and presents persuasive recommendations


YOUR CAREER

Goldman Sachs is a meritocracy where you will be given all the tools to help you develop. At Goldman Sachs, you will have access to excellent training programmes designed to improve multiple facets of your skills portfolio. Our in-house training programme, ‘Goldman Sachs University’ offers a comprehensive series of courses that you will have access to as your career progresses. Goldman Sachs University has an impressive catalogue of courses which span technical, business and leadership skills training.

We value internal mobility. The chance to take on new challenges in the firm over time will ensure that you remain stimulated and will help in your continued professional and personal development.