• MBD, Regulatory Lead, Power Commodities, Vice President

    Location(s) US-NY-New York
    Job ID
    2019-53805
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Compliance
    Region
    Americas
    Division
    Merchant Banking Division
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    MERCHANT BANKING

    We invest in corporate equity and debt, real estate equity and debt, and infrastructure-related assets and companies. Merchant Banking operates on a global platform and our team works in a fast-paced, exciting environment. We look for individuals with versatile skills and a passion for investing.

     

     

    Accelerate is a firmwide initiative to foster innovation and collaboration across divisions, with a focus on the firm’s future growth. The projects we fund will focus on building brand new business ideas for GS, while offering employees the opportunity to work in a fast-paced, entrepreneurial environment.

     

    RESPONSIBILITIES AND QUALIFICATIONS

     

    Position Summary:

     

    The ideal candidate will join this effort as regulatory lead, with ownership of all regulatory filing processes, including all filings related to receiving required licenses and registrations, creating new business units, and maintaining compliance in relevant markets.  Beyond core regulatory affairs functions, the regulatory lead will also be a key executive leader.

     

    Responsibilities:

     

    • Maintain up-to-date knowledge of regulatory affairs and trends throughout North American and international markets.
    • Build and maintain relationships with regulators and their staff, as well as advocacy organizations
    • Ensure on-time, complete, and accurate filings for all relevant jurisdictions.
    • Oversee regulatory roadmap for expansion to multiple markets and states, as well as expansion of product offerings to potentially include multiple commodities, and multiple services.
    • Able to understand complex requirements, navigate ambiguity and set implementation path.
    • Work closely with business team to understand business requirements and lead regulatory decision-making and implementation.
    • Create regulatory strategy to enable business goals.

     

    Qualifications

     

    • Minimum of 10 years of regulatory experience with a deregulated energy provider, minimum of 5 years managing mass market issues.
    • Deep understanding of regulatory environments across North American markets, including state-level, ISO/RTO, FERC.
    • Experience shaping regulatory outcomes through filings, docket interventions and involvement in regulatory proceedings.
    • Creative thinker with a track record of entrepreneurship and innovative problem-solving.
    • Self-starter that will serve as a culture-setter for an organization.
    • Successful communicator with experience clearly explaining, quantifying, and advising executive leadership with respect to regulatory risk.
    • Entrepreneurial experience preferred.
    • Experience hiring and managing a regulatory team.
    • BA/BS required, JD preferred
    • Familiarity with financial services a plus

    ABOUT GOLDMAN SACHS

    The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

    © The Goldman Sachs Group, Inc., 2019. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.