LEGAL
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.
ROLE OVERVIEW
This attorney will be a member of the Employee Retirement Income Security Act (ERISA) Legal group, which group advises the firm's various businesses in connection with products and services offered to ERISA plans and individual retirement accounts. Areas of coverage include the firm's fiduciary businesses in Asset & Wealth Management as well as its trading and advisory businesses in Global Banking & Markets. The group also provides assistance on fiduciary matters related to the firm's internal benefit plans.
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RESPONSIBILITIES
- Business Transactions - Advise on ERISA Title I and Internal Revenue Code considerations across various lines of business, including Asset & Wealth Management and Global Banking & Markets. Advise on existing and new services and product offerings across institutional and retail channels for retirement investors. Negotiate investment management agreements, trading documents and other contracts involving plan assets. Participate in client onboarding and implementation meetings.
- QPAM Compliance - Support the firm's qualified professional asset manager (QPAM) compliance program. Assist Compliance with internal reviews and reports, policies and procedures, audit requests and QPAM training.
- In-House Plans - Provide legal support with respect to fiduciary matters relating to in-house benefit plans; advise on changes to ERISA rules impacting benefit plan fiduciaries.
- Participation in Industry Groups - Attend ERISA industry group meetings and calls; participate and provide input on comment letters and other advocacy efforts.
- Legislative/Regulatory Reform - Advise on changes in ERISA and IRC laws and regulations that have impact on the firm's various lines of business.
- News and Updates - Provide assistance with relevant ERISA-related news and updates for internal stakeholder groups; prepare summaries and assist with circulation of materials to keep relevant stakeholders informed.
- Training/Education - Prepare internal ERISA training materials and memos; assist with training and educational sessions.
QUALIFICATIONS
- Lawyer with four to twelve years of experience (would also consider candidates with a different experience profile).
- Candidate must demonstrate a strong grounding in the fiduciary and prohibited transaction rules of ERISA and the Internal Revenue Code.
- Title I experience required
- Candidate needs to be able to work well in a high-pressure environment with internal and external clients and juggle competing priorities. Strategic thinking, excellent judgment and strong communication skills are key attributes as well.
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 GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
© The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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.