The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services across investment banking, securities, investment management and consumer banking to a large 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 Regulatory Policy team is responsible for regulatory advocacy and advises senior management on how regulatory developments may affect the firm's capital position. The team evaluates the impact of existing and potential regulation on specific business activities through a sophisticated attributed equity framework, and advises desk heads on the regulatory capital implications of transaction structuring. The team's additional functions include regulatory capital rule interpretation, transaction advisory, board material preparation, capital planning, competitor analysis and disclosures.
Job Summary:
The candidate will monitor, analyze, interpret and communicate the impact of domestic and international regulatory capital developments, with particular focus on how regulatory capital applies across individual transactions, new products, broader business initiatives and the firm as a whole. The role involves partnering with multiple desks as well as Investor Relations, Government Affairs, Corporate Treasury, Risk, Legal, Product Control and Technology, and coordinating within the Regulatory Policy team to explain the capital impact of firm activity. A strong command of the definition of capital (e.g., qualifying capital and Total Loss Absorbing Capacity instruments, deductions and adjustments) and of capital planning (e.g., rules governing capital distributions and Eligible Retained Income) is essential. The candidate should be comfortable working across both bank holding company- and depository-level rules. Additional responsibilities include preparing board materials and public disclosures and ongoing monitoring of industry data.
Responsibilities:
- Monitoring and summarizing proposed and finalized US and international regulatory capital rules and legislation, and developing clear written analysis of their implications for the firm
- Communicating the impact of these developments to senior managers, businesses, risk departments and other affected areas
- Assessing the impact of US and international capital regulation on individual transactions, new products and business proposals, and drafting responses to business areas on capital impacts
- Providing expertise and advice to businesses and to the Risk, Treasury and Controllers organizations on regulatory rules and changes, including internal capital, attribution of capital to businesses and competitor analysis
- Participating in project work related to regulatory capital rule changes and supporting their implementation
- Working with trade organizations to develop industry-level advocacy and assessing the industry impact of proposed regulatory capital rule changes
- Contributing to the consolidation and analysis of the firm's regulatory disclosures, including interpreting new disclosure requirements
- Engaging in the supervisory process, including responding to regulator inquiries, annual assessments (at both the holding company and depository level) and continuous monitoring
- Preparing capital and stress testing materials for the firm's Board of Directors
Basic Qualifications:
- 5-10 years of related experience required
- Prior experience in a policy function at the Federal Reserve or a similar regulatory authority preferred
- Prior experience drafting advocacy in response to proposed regulatory rulemakings, preferably within financial services
- Prior experience interpreting regulatory and supervisory guidance and drafting policies to implement those interpretations
- Prior experience evaluating the capital implications of proposed new activities or transactions
- Subject matter expertise in the definition of capital and in regulatory and supervisory requirements for capital planning
- Ability to research and analyze technical regulatory papers and identify relevant issues, ideally including the use of artificial intelligence tools to support this work
- Strong attention to detail, intellectual curiosity and organizational skills, with the ability to manage an evolving inflow of projects and priorities
- Effective communicator, both orally and in writing
- Team player able to sustain mutual support within a high-profile team
- Strong Microsoft Office skills, including PowerPoint, Word and Excel
- Governance and control oriented
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., 2026. All rights reserved.
Salary Range
The expected base salary for this New York, New York, United States-based position is $100000-$250000. 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.
Skills Required
- 5-10 years of related experience
- Prior experience in a policy function at the Federal Reserve or similar regulatory authority
- Prior experience drafting advocacy in response to proposed regulatory rulemakings (preferably within financial services)
- Prior experience interpreting regulatory and supervisory guidance and drafting implementing policies
- Prior experience evaluating the capital implications of proposed new activities or transactions
- Subject matter expertise in the definition of capital and capital planning regulatory requirements
- Ability to research and analyze technical regulatory papers (ideally using artificial intelligence tools)
- Strong attention to detail, intellectual curiosity and organizational skills
- Effective oral and written communication skills
- Team player with ability to support a high-profile team
- Strong Microsoft Office skills, including PowerPoint, Word and Excel
- Governance and control oriented
Goldman Sachs Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Goldman Sachs and has not been reviewed or approved by Goldman Sachs.
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Healthcare Strength — Coverage includes medical, dental, vision, disability, life and accident insurance, with multiple plan options and most premiums subsidized; coverage often starts on day one. Wellness resources, on-site health centers in some locations, and EAP access reinforce the depth of health support.
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Parental & Family Support — Family care includes on-site childcare in some offices, expectant parent resources, and transitional programs for returning parents. Feedback suggests parental leave is very generous, with reports of around 20 weeks paid leave and stipends for adoption, surrogacy, and fertility-related services.
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Retirement Support — The firm provides a 401(k) plan with employer matching contributions and broad financial education to help employees plan for retirement. Resources also support saving for education and preparing for unexpected events.
Goldman Sachs Insights
What We Do
At Goldman Sachs, we believe progress is everyone’s business. That’s why we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, Goldman Sachs is a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices in all major financial centers around the world. More about our company can be found at www.goldmansachs.com
