• Legal, Consumer Regulatory Card Attorney, Vice President

    Location(s) US-UT-Salt Lake City | US-TX-Dallas
    Job ID
    2019-56272
    Schedule Type
    Full Time
    Level
    Vice President/Executive Director
    Function(s)
    Legal
    Region
    Americas
    Division
    Legal
    Business Unit
    GS Bank/CCBD Legal
    Employment Type
    Employee
  • MORE ABOUT THIS JOB

    LEGAL

    Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm’s invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world.

     

    The Legal Department is looking for an experienced credit card attorney to be part of the team tasked with developing the firm’s consumer lending capabilities. This position offers opportunity to work closely with the credit card business team and with colleagues throughout the firm’s legal, compliance, marketing, credit and technology functions to develop and maintain all aspects of the firm’s credit card offering

     

    RESPONSIBILITIES AND QUALIFICATIONS

     

    Responsibilities:

    • Advise business partners on laws and regulations relating to credit cards
    • Develop, review and manage credit card agreements
    • Develop and review borrower communication templates
    • Monitor state and federal consumer finance developments with a primary focus on regulations, consent orders and other regulatory issues pertaining to marketing, borrower agreements and communications including prohibitions against Unfair, Deceptive and Abusive Acts or Practices
    • Monitor legal developments and maintain industry knowledge relating to credit cards
    • Engage with other lines of business to ensure best practices are followed across multiple product lines

    Basic Qualifications:

    • Knowledge of and experience with federal, state and local laws and regulations relating to credit card products including those relating to marketing, fair lending, payments, legal disclosures as well as prohibitions against Unfair, Deceptive and Abusive Acts or Practices
    • Experience drafting change in terms notices
    • 3+ years’ post qualification experience required in a leading law firm or financial institution working on related issues
    • Team player with inherent commercial judgment and strong analytical and organizational skills
    • Strong oral and written communications skills
    • High level of initiative, integrity, and organization

    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.